If you are considering the sale of your pharmacy, Hutchings Consultants can help you. We understand that when it comes to selling your pharmacy business it is one of the most and possibly biggest decisions you will have to make. Whether you are selling an independent pharmacy, a group or a Heath Centre pharmacy, you can be rest assured we have the experience and knowledge to guide you through the sale and ultimately obtain the best price and terms for you.
Six steps to a successful pharmacy sale
1. Specialist Valuation
Your first key step when selling your pharmacy, is knowing what it’s worth? You provide some key information and our expert valuers will put a guide price on your pharmacy.
2. Confidential Meeting
You will meet with our specialist pharmacy sales consultant away from your staff and discuss your pharmacy and plans in detail. Here is where you will learn about the pharmacy marketing, sales process and typical time lines.
3. Prepare Sales Literature
At this stage we will compile comprehensive financial and business information into the pharmacy sales pack. This will make your business attractive to serious buyers.
4. Identify Quality Buyers
Your pharmacy will be confidentially introduced to carefully vetted buyers from our extensive database. Hutchings have the largest specialist database of pharmacy only buyers in the UK.
5. Competitive Offers
It is normal to receive multiple offers when selling a pharmacy and Hutchings unique multi-stage bidding process ensures you will get the best possible price. The successful buyer pays a deposit to demonstrate their commitment to follow through with the purchase.
6. The Legals
We guide the sale and hold your hand to completion. Details such as freehold negotiation, change of NHS ownership and a myriad other details all need to be ironed out, and then your pharmacy sale is completed.
Our Services At A Glance
“The amount of viewings organised for the interested buyers was outstanding, which resulted in us accepting the highest offer for my business.”
Mr D Bryant, Bryants Pharmacy, Poole