| By reorganising or refitting the premises it might be possible to attract more OTC sales. |
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You will need details of the past performance of the business (which should be available from the vendor's agent), together with profit and cash flow forecasts. If you are unfamiliar with employment legislation, you will be well advised to consult a specialist employment lawyer. |
| In recent years it has become commonplace for the purchaser's solicitor to set the ball rolling by drafting the sale and purchase agreement. |
The relationship between dispensing and over-the-counter turnover is an important one to understand because it not only determines the profit margins that the business will make but, particularly with small businesses, has a bearing on its future security. |
A quick look at the classified advertisement section of The Pharmaceutical Journal will identify a selection of agents of all sizes and in various locations. There are exceptions to every rule and it may be that a poorly performing business is simply not being competitive. |
pharmacysales. The best of these are usually close to a doctor's surgery and also have a thriving OTC trade.
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700,000 and, the larger the turnover, the greater the competition and the more likely for a premium price to be achieved. In recent years it has become commonplace for the purchaser's solicitor to set the ball rolling by drafting the sale and purchase agreement. |
The best definition of the true value of any business is what it will fetch on the open market, but in the context of obtaining finance it means the value according to an accepted formula within the pharmacy profession. The trend we found particularly interesting is that after a small drop in the number of pharmacies being sold over the whole period, compared with previous years, the number of sales currently in solicitors' hands and due to complete in the second quarter of 2003 is the highest of the last six quarters. |
| 600,000 available to first- and second-time buyers. Also in this group will fall pharmacies adjacent to or within a health centre. |
300,000 and . You will probably be taking an assignment of a lease and will therefore need references for the landlord. |
Stocktaking Book a reputable firm of stocktakers to act for you in the transfer stock valuation and go through their documentation thoroughly; it should explain precisely the method they will adopt.
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| One hundred businesses is a small sample but, taken as a percentage of all trading pharmacies, it is nevertheless a significant percentage of those that changed hands during the period. |
If you are unfamiliar with employment legislation, you will be well advised to consult a specialist employment lawyer. |
In recent years, larger businesses have become available to first-time buyers due to the support offered by wholesalers. ESPs have not been popular with purchasers, but they should definitely be considered by first-time buyers on the grounds that they tend to be cheap to buy, offer a secure, if not enormous, NHS income, are capable of providing a good overall income and are frequently situated in pleasant surroundings. |