Buying A Pharmacy Checklist [TESTED]

: Ensure the seller signs a non-competition and non-solicitation agreement to prevent them from opening a competing shop or poaching patients nearby. 5. Finalizing the Transaction

: Break down the volume by brand vs. generic , retail vs. specialty/compounding , and the concentration of your prescribing doctor network . buying a pharmacy checklist

: Request 3–5 years of tax returns and internal financial statements . Cross-reference these to ensure the numbers match and represent true cash flow. : Ensure the seller signs a non-competition and

: Audit the Pharmacy Management System (PMS) and automated dispensing units. Determine if capital reinvestment is needed for upgrades. 4. Valuation & Negotiation generic , retail vs

: Beyond the physical assets, value the pharmacy's reputation, patient list, and location .

: Start the change of ownership paperwork early, as transferring provider numbers and insurance contracts can take months.