Asbury Pharmacy: Blazing trail with Clinical Pharmacy Director to find first store

Asbury Pharmacy: Blazing trail with Clinical Pharmacy Director to find first store
With over 20 years as the Clinical Pharmacy Director at a hospital, Laura Cudd was ready to buy her own pharmacy but had no idea how to get there. It is a large investment and she needed help determining which store could be financially viable. How to find the right property? Evaluate the market potential in that area? What will it take to do this successfully? With the help of Independent Rx Consulting, she found a store with opportunity for improved profit, increasing sales and the ability to promote clinical services - and it’s close to home for her. First one is going so well, she is in the process of buying a second pharmacy.

Client Location

Oklahoma City, OK

Objective

Finding and acquiring a pharmacy that could be profitable for a pharmacist coming from a hospital setting.

Problem Solved

Used extensive resources and skills to identify a store with potential for acquisition and created plan for optimizing for profit.

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