Buying A Pharmacy Checklist ◉

: Start the change of ownership paperwork early, as transferring provider numbers and insurance contracts can take months.

: If you aren't buying the real estate, check if the lease is assignable and look for "danger clauses" like the landlord’s right to relocate or demolish the building. buying a pharmacy checklist

: Decide whether you are seeking a share sale (buying the legal entity, including all liabilities) or an asset sale (buying only the specific business assets). : Start the change of ownership paperwork early,

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

: Conduct a professional count at the time of closing. Look for expired or slow-moving stock and verify it was purchased from licensed suppliers. 3. Operational & Legal Assessment