Questions To Ask When Buying: A Pharmacy

Identify the local doctors or clinics driving most of your business and evaluate the risk if they were to move or retire.

Daily operations determine the sustainability of the pharmacy’s income. questions to ask when buying a pharmacy

The "goodwill" of a pharmacy often resides in its people and its standing in the community. Identify the local doctors or clinics driving most

Ask about the history of audits from Pharmacy Benefit Managers and if any funds are currently being clawed back. Staff & Reputation questions to ask when buying a pharmacy

Inquire about existing debts, loans, or off-balance-sheet obligations like litigation reserves. Operational Specifics

Verify current registration with the National Board of Pharmacy or relevant regional regulator.

Request at least of detailed financial records to verify the business's true performance.