• 100 years of industry-leading experience to help you buy or start a pharmacy

    100 years of industry-leading experience to help you buy or start a pharmacy

Buying or starting a pharmacy will be one of the biggest decisions you may ever make in your lifetime, however it can also be one of the most rewarding. There are challenges around every corner, and consistently reinforces the "don't know what you don't know" mantra during every step of the process. We're your partners to help you through the journey; from pharmacy location analysis to detailed financial sheet consulting - we help ensure that your pharmacy will be a tremendous success.

  • Pharmacy Valuation

    Pharmacy Valuation

    Do you know what you should pay for a pharmacy? We will assess any pharmacy being considered for purchase and provide the true value of the investment.
    For Sale Pharmacy Search

    For Sale Pharmacy Search

    Are you struggling to find a pharmacy for sale? We have hundreds of industry contacts, let us help you find the right pharmacy in the right location.
    Local Market Analysis

    Local Market Analysis

    We will do an extensive analysis of the target market including demographics, competition and referral sources.
    Business Plan and Pro Forma Creation

    Business Plan and Pro Forma Creation

    What do financiers look for when making a decision on whether to approve a loan or not? We know, let us assist you with the creation of a business plan and pro forma used to gain financing from either investors or banks.
    Financing

    Financing

    How much is required to buy a pharmacy and how do I get the money? We work with banks familiar with the pharmacy industry who are ready to invest in you.
    Negotiation

    Negotiation

    Have you ever negotiated the purchase of a business? Chances are you have minimal experience purchasing a pharmacy so let us help you ensure you do not leave money on the table.
    Licensing Assistance

    Licensing Assistance

    Gaining the required license is complicated and difficult. We have a team that will help you know what licenses are needed, submit the applications and track everything until completion. This includes DEA, state, and 3rd party billing requirements.
    Wholesale Setup and Negotiation

    Wholesale Setup and Negotiation

    Cost of goods can make or break a pharmacy. We will outline the vendors available and when possible negotiate terms on your behalf.
    Marketing Plan

    Marketing Plan

    An owner transition can be difficult. We will provide you with a marketing plan for employees, customers and the community.
    Vendors

    Vendors

    Knowing the vendors who are available is half the battle. We have a list of vendors for every need including benefits, accounting, pharmacy design, technology and more. We can then make recommendations based on your needs.
    Buyers Guide

    Buyers Guide

    This is a comprehensive document outlining everything that should be completed before and after an acquisition. Our goal is two-fold, provide direction and try to limit your risk in an acquisition.
  • Opening Checklist

    Opening Checklist

    Want to start a pharmacy but not sure where to begin. This is a comprehensive checklist outlining what needs to be done prior to opening your doors. This checklist includes each action item, timeframes for completion, vendors and estimated costs so you do not have to do the research. Our goal is to provide you direction and ensure nothing business critical is missed. Our objective is to prevent any delays in opening, as that can be detrimental to cash flow and the overall success of the pharmacy.
    Business Plan and Pro Forma Creation

    Business Plan and Pro Forma Creation

    What do financiers look for when making a decision on whether to approve a loan or not? We know, let us assist you with the creation of a business plan and pro forma used to gain financing from either investors or banks.
    FInancing

    FInancing

    How much is needed to start a pharmacy and how do I get the money? We work with banks familiar with the pharmacy industry who are ready to invest in you.
    Local Market Analysis Sources

    Local Market Analysis Sources

    We will complete an extensive analysis of the target market including demographics, revenue potential and competition.
    Location Identification

    Location Identification

    Haven’t found a location or are unsure if the location you have selected is right? Using our local market analysis, realtors and experience we will provide you with data and recommendations on the viable locations for a pharmacy.
    Lease Negotiation

    Lease Negotiation

    Have you ever negotiated a commercial lease? We have, let us help you obtain a lease that has terms beneficial to you not the landlord. Doing so can lead to improved cash flow and help you succeed.
    Marketing Plan

    Marketing Plan

    When starting a pharmacy you need to drive traffic. We will provide you with a marketing plan we have used for all of our new store openings and assist in the execution.
    Licensing Assistance

    Licensing Assistance

    Gaining the required licenses can be complicated and difficult. We have a team that will help you know what licenses are required, submit the applications and track everything until completion. This includes DEA, state and 3rd party billing requirements.
    Wholesale Setup and Negotiation

    Wholesale Setup and Negotiation

    Cost of goods is critical component to success in the pharmacy industry, especially with shrinking reimbursement and increasing labor costs. We will outline the vendors available and when possible negotiate terms on your behalf..
    Sample Starting Inventory Order

    Sample Starting Inventory Order

    How much inventory should I have day one? We have opened many stores for ourselves and our clients and have a recommended order that will meet your customers’ needs and keep costs in line.
    Technology Recommendations

    Technology Recommendations

    Do you know what pharmacy system to use for your operation? Do you know what point-of-sale system is right for you? Do you know what security is needed? We will outline the needed technology, the vendors available and the pros and cons of each.
    Key Metrics

    Key Metrics

    What should my labor to revenue ratio be? How much inventory should I keep? How much should I be spending on marketing? We provide you with metrics, so you run your business the right way.
    Vendors

    Vendors

    When you start planning the opening of your pharmacy you will find you need to find a lot of companies to help. What company can design my pharmacy, who provides shelving, what wholesalers are available, what are buying groups and should I use them? Who do I use for credit card processing, what about benefits/insurance and on and on. Let us make some recommendations. We have been in the industry for 70 years and we know who does what well.

Contact Us to Learn More

Industry-leading knowledge should be shared.

Free Downloads.

The first step to owning or expanding a business is research. Use our resources to understand pharmacy locations, financing and loans, questions to ask and more.

REMEDIUM PHARMACY: LINKING A SEASONED PHARMACIST WITH WHAT IT TAKES TO BE PHARMACY OWNER.

REMEDIUM PHARMACY: LINKING A SEASONED PHARMACIST WITH WHAT IT TAKES TO BE PHARMACY OWNER.

SHELTON FAMILY PHARMACY: HELPING A PHARMACIST NAVIGATE THE ROADBLOCKS TO PHARMACY OWNERSHIP

SHELTON FAMILY PHARMACY: HELPING A PHARMACIST NAVIGATE THE ROADBLOCKS TO PHARMACY OWNERSHIP

COLLEGE HILL DRUG: DEVELOPING A PLAN TO BUILD A MULTI-STORE EMPIRE

COLLEGE HILL DRUG: DEVELOPING A PLAN TO BUILD A MULTI-STORE EMPIRE

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