Buying A Pharmacy Checklist -

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

: Work with your attorney to include robust representations and warranties that protect you from undisclosed liabilities. buying a pharmacy checklist

: Start the change of ownership paperwork early, as transferring provider numbers and insurance contracts can take months. : Before making an offer, assemble a specialized

: 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 : Ensure the seller signs a non-competition and

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

: 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