Buying a pharmacy

If you are thinking of buying a pharmacy, we can help you with:-

  • Assessing the risk and rewards
  • The negotiation process
  • The process of buying goodwill and stocks (Asset Purchase)
  • The process of buying the entire share capital (Company Purchase)
  • Accounts and financial due diligence consideration prior to purchase
  • Business plan
  • Profit projections
  • Cash flow projections
  • Tax considerations depending on purchase of goodwill or shares
  • Specialist finance schemes
  • Bank loan/loan application
  • Recommending pharmacist specialist firm of solicitors and stock-takers
  • Enquiries with CCGs /PCSE/ NHS England
  • Registering with GPhC
  • VAT registration
  • PAYE registration
  • On -going accounting services

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I am really impressed with Modiplus and the team as a whole. They helped me with the purchase of some of my pharmacies over the years. Their negotiations and due diligence skills in the area of pharmacy is second to none. Due to their considerable experience, they have saved me thousands of pounds through negotiations and reduced tax. Their fees were more than covered by the savings. They act with integrity, are absolutely transparent and very efficient with their responses and do things on a timely basis. I highly recommend this firm

V. Mistry, Esoms Pharmacy.