Checklist | Buying A Pharmacy

: Before making an offer, assemble a specialized group including a healthcare attorney , a CPA with pharmacy experience , and a pharmacy consultant .

: 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).

: Confirm the pharmacy is in good standing with the State Board of Pharmacy and has all required DEA registrations and billing permits. buying a pharmacy checklist

: While final approval depends on the specific store, have your financial package (personal tax returns and credit history) ready to show lenders you are a serious buyer. 2. Financial Due Diligence

: Ensure the seller signs a non-competition and non-solicitation agreement to prevent them from opening a competing shop or poaching patients nearby. 5. Finalizing the Transaction : Before making an offer, assemble a specialized

Buying an independent pharmacy is a complex process that blends high-stakes financial investment with strict regulatory compliance. This checklist breaks down the critical stages—from initial evaluation to closing the deal—to help you navigate the transition successfully. 1. Pre-Purchase & Assembly

: 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 : While final approval depends on the specific

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