Questions To Ask When Buying A Pharmacy (2024)

Are volumes increasing, stable, or declining over the last three years?

Buying a pharmacy is a complex transaction where "the numbers don't always tell the whole story". A thorough due diligence process is essential to uncover hidden risks and identify growth potential. questions to ask when buying a pharmacy

How much time remains on the lease, and are there renewal options or "right of first refusal" clauses? Are volumes increasing, stable, or declining over the

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

Daily operations determine the sustainability of the pharmacy’s income.

The "goodwill" of a pharmacy often resides in its people and its standing in the community.

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