Chagrest Pharmacy Sale | Realising the value of a lifetime
24 January 2020
Chagcrest Pharmacy in Watford, has been under the successful ownership of Kirit Samani for many years. Since acquiring his first pharmacy in the early 1980s Kirit grew his group to three pharmacies navigating the many challenges of the last four decades to add value to his business. When it came time to consider a pharmacy sale Kirit selected Pharmacy Seekers to help him realise the true value of his business.
Having sold two of his group a number of years ago, achieving a realistic return for the hard work he had put into his third pharmacy was a priority for Kirit as he approached the end of his career as a pharmacy contractor. A personal recommendation from a long standing business associate saw Kirit select Pharmacy Seekers as his preferred partner at this critical time to ensure a successful pharmacy sale.
‘Nothing was too much trouble. Pharmacy Seekers were willing and able to help with excellent guidance from the beginning to the end of the process. They were always easy to reach and by my side throughout’.
Kirit Samani, Founder and ex-owner, Chargrest Pharmacy
Taking six months to complete the transaction was not without challenges including slow work by the purchasers solicitors and a number of unacceptable clauses put forward by the purchaser. ‘Andy was very positive, helpful and efficient and ensured that the transaction went smoothly’ Kirit said.
With over 250 pharmacy transactions completed, Pharmacy Seekers are the specialist pharmacy transfer agents for those serious about realising the value of their pharmacy sale. A team of four nationwide consultants with deep regional knowledge and over 80 years experience in the pharmacy sector combined will provide personal, end to end, director level support for your pharmacy sale. A substantial buyer database means that your pharmacy will be presented for sale to credible purchasers very early in the process maximising completion rate and sales value.
Andy Harwood | Co-founder, Director | South
Robert Miller | Co-founder, Director | South
Steve Jeffers | Northwest Consultant
Chris Ball | East Midlands and North East Consultant
If you are considering selling your pharmacy and need the support of the pharmacy specialists get in touch with our team on 0800 195 7518 for a no obligation discussion about preparing your pharmacy for sale.