• LATEST PHARMACY NEWS AND EDITORIAL

    LATEST PHARMACY NEWS AND EDITORIAL

Our latest thoughts and inspirations on buying a pharmacy, starting a pharmacy, and ongoing pharmacy operations

Why Buying a Pharmacy is a Good Financial Investment

People ask us all the time is buying a pharmacy a good investment.  Of course have owned pharmacies and have entire business around consulting pharmacies so we say yes.  But why?  Below we have outlined some reasons:


1.   Return on Investment – as an investor myself I always ask myself what is the return?  And if you buy a pharmacy the return is better than any investment I can find.  I can put $100,000 into buying a pharmacy and in the first year return $100,000 plus gain equity in the business.  If I put $100,000 in the stock market I would at best make $12,000 on that same money, in a bond $3,000, in a savings account $1,000, in real estate $20,000. 

2.  Knowledge – why invest your money into public companies, real estate and other investments when you have no knowledge of these businesses.  I personally have been in pharmacy all my life and that is what I know so shouldn’t that be where I put most of my money?  Same with you as a pharmacist, it is what you know most so shouldn’t you consider putting your money toward a pharmacy?  
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Wednesday, 14 November 2018

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