We regularly hear from pharmacy owners that they would have retired but can’t find a buyer other than the chains.
Finding a buyer can seem overwhelming but there are a lot of qualified buyers in the market. Here are a few ways you may find one:
- Hire a Broker – brokers spend significant time networking with buyers and industry leaders and therefore are aware of who is buying right now. Plus most run a website that gathers buyer information to market listings to.
- Wholesaler – the wholesalers have entire programs to connect you with potential buyers.
- Staff – do not forgot your staff, you may have a pharmacist or even technician who is both interested and qualified.
- Other independents in the area – many of us know other owners in our region and many are looking to expand.
