When Buying A Pharmacy - Questions To Ask
How much time remains on the lease, and are there renewal options or "right of first refusal" clauses?
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 How much time remains on the lease, and
Request at least of detailed financial records to verify the business's true performance. questions to ask when buying a pharmacy
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.
The "goodwill" of a pharmacy often resides in its people and its standing in the community.