Buying A Pharmacy Checklist -

: Before making an offer, assemble a specialized group including a healthcare attorney , a CPA with pharmacy experience , and a pharmacy consultant .

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

: 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 : Before making an offer, assemble a specialized

: Draft a non-binding offer that outlines the price, payment terms, and conditions for the final sale. Finalizing the Transaction : Draft a non-binding offer

Buying an independent pharmacy is a complex process that blends high-stakes financial investment with strict regulatory compliance. This checklist breaks down the critical stages—from initial evaluation to closing the deal—to help you navigate the transition successfully. 1. Pre-Purchase & Assembly

: Confirm the pharmacy is in good standing with the State Board of Pharmacy and has all required DEA registrations and billing permits.

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