Selling a Pharmacy Business in California
Cashing in on your years of hard work as an independent pharmacy owner should be easy, however it isn’t. Every drug store owner must have the necessary financial statements and have a determined attitude in order to receive a full return on their original investment. Sell your California Drug may difficult, but with the right resources and people from AventineRx at your side, your pharmacy can be sold in one prompt and effortless transaction.
All pharmacies for sale in California are required to follow legal sales procedures and techniques.
Pharmacy owners must abide my certain legalities while selling their pharmacy. Aventine has always instructed its clientele in to sell their pharmacy in a manner that is accordance with lawful standards. Selling a pharmacy isn’t simply, however if handled properly, it can become a satisfying and rewarding opportunity. Leaving your pharmacy in AventineRx’s hands will assure you that your selling venture will run smoothly.
If you are planning to sell your pharmacy business in California or selling a business located in CA you should always be certain that you have the following:
- Your pharmacy lease and lease documents
- Three years’ profit and loss statements
- Lists of business loans
- Names of any outside advisors
- Franchise Agreement Copy
- Federal Income Tax Returns
The determination of a reasonable selling price for a pharmacy is hard to determine. At AventineRx, we appraise the value of pharmacies based on current and historical performance and key financial indicators. We have over 40 years of experience in the pharmacy business field and have facilitated over 50 different transactions and hundreds of retail pharmacy investments.
Look at our seller resources section which includes articles on ways to sell a business, prepare a business for sale, and tips on how to evaluate and price business assets.
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