How to value your pharmacy
08 November 2021
Your first step to selling your pharmacy starts here
In order to accurately value your Pharmacy, we will need the following information,
- Three Years Accounts
- Latest Management Accounts
- 12 Months NHS Statements (all pages)
- 12 Months VAT Returns
- A copy of the existing Lease or Freehold valuation
- Staff details including roles, working hours and rates of pay
What you should consider:
Company or Assets Sale
It’s important you take the appropriate advice from your Accountant on what you are selling, the Assets, Goodwill etc or the Shares in the Company.
If your premises are leasehold does your lease have a minimum of 10 years unexpired? Ideally, we would like to see 15 years as this will allow a purchaser to raise as much finance as possible. The longer the lease the better.
Make sure all your staff have up to date, signed contracts. Any sale will mean staff are transferred to the new owners under TUPE regulations with the exception of the owners/directors.
Work with the pharmacy specialists
All of this may seem like a lot of work but Pharmacy Seekers can assist you with many of these tasks. You will want the best price for your pharmacy and preparation is the key to promoting and subsequently selling your pharmacy.