Selling a Pharmacy Business in California

Pharmacy owners are paying too much to sell their businesses.

A recent industry study reported that many brokers across the country are charging upwards of 12%, and sometime as much as 15%, to sell a pharmacy.

If that isn’t enough to cause you to be concerned.  Many are charging significant upfront fees and some, a monthly fee as long as they are actively marketing your business.

KKBA in news

KKBA Medical Sales Group in the news.

At KKBA our value proposition is twofold.

1. We are a premier brokerage firm with a specialty in selling independent pharmacy businesses.

2. We assume all the risk once we are engaged to represent your business.  If we are not successful in finding the right buyer, at the right price, under the best terms for you, in the shortest period of time- YOU PAY NOTHING!

Though every business and every transaction has its uniqueness, we follow a tried and true, time tested and proven transaction management system to ensure that your best interests are always our greatest concern.  Our Medical Sales Group team members will hold your hand through the entire transaction, making sure you understand what is transpiring and keeping you informed at all times.

It’s Official – We are enjoying this Seller’s Market

Sell your pharmacy

Pharmacies are selling better, and faster, and for more money than they have for the last 10 years.

Working with KKBA will surely increase the chances of selling your pharmacy-large or small, profitable or not.

Our Track Record Speaks For Itself

At KKBA we are proud of our 100% success rate selling independent pharmacies.  Our proprietary database of pharmacy buyers range from individuals looking to buy one store in a specific area to regional multi-store owners to national chains looking to expand in a given market.  No matter who the buyer is, we will be in your corner fighting to get you the best package possible.

One Hundred Percent Club

KKBA-10 years of sales of pharmacy businesses with 100% success rate.

Despite a perfectly aligned seller’s market, it’s risky to try to sell your business yourself. Savvy buyers hire MBA’s to work on these transactions and they can be ruthless to deal with.  Don’t enter into negotiations with a buyer alone if you have never sold businesses before.  If you do you will surely be at a disadvantage from the start. If you don’t know what makes these folks tick, how they are incentivized and what metrics they are judged by, you will certainly leave money on the table.  You don’t know, what you don’t know.

A proven track record of hundreds of transactions makes KKBA your best ally when it comes to selling your independent pharmacy. Our process starts with a written confidential business review that summarizes your pharmacy’s most salient attributes, such as history, operations, competition and financial performance. We will then work with you very closely to develop a pricing strategy that gives you the best possible opportunity to maximize the equity you have built over the years. We will handle all of the preparation involved with the sale of your pharmacy including qualifying buyers and negotiating price, terms and structure of the deal.

For more information regarding California Pharmacy laws, rules & regulations contact them through their website at California Board of Pharmacy.

A precautionary note about Pharmacy licensing provided by our friends at LicenseLogix:

The Pharmacy industry is regulated by both federal and state law. Every state in the country requires pharmacies to be properly licensed before they can legally operate within its borders. The type of pharmacy license required depends specifically on the activity being conducted. License types include, but are not limited to, pharmacy manufacturer license, pharmacy wholesaler license, pharmacy importer/exporter license, pharmacy re-packer license, and pharmacy retailer license. Pharmacy employees are regulated as well, requiring licenses to act as a pharmacy technician, a registered pharmacist, and an intern pharmacist.

If you are ready to buy or sell a business contact or call (888-565-6468) the professional business brokers at King & King Business Advisors!

List of California Cities

Adelanto, Agoura Hills, Alameda, Albany, Alhambra, Aliso Viejo, Alturas, Amador City, American Canyon, Anaheim, Anderson, Angels Camp, Antioch, Apple Valley, Arcadia, Arcata, Arroyo Grande, Artesia, Arvin, Atascadero, Atherton, Atwater, Auburn, Avalon, Avenal, Azusa, Bakersfield, Baldwin Park, Banning, Barstow, Beaumont, Bell, Bell Gardens, Bellflower, Belmont, Belvedere, Benicia, Berkeley, Beverly Hills, Big Bear Lake, Biggs, Bishop, Blue Lake, Blythe, Bradbury, Brawley, Brea, Brentwood, Brisbane, Buellton, Buena Park, Burbank, Burlingame, Calabasas, Calexico, California City, Calimesa, Calipatria, Calistoga, Camarillo, Campbell, Canyon Lake, Capitola, Carlsbad, Carmel-by-the-Sea, Carpinteria, Carson, Cathedral City, Ceres, Cerritos, Chico, Chino, Chino Hills, Chowchilla, Chula Vista, Citrus Heights, Claremont, Clayton, Clearlake, Cloverdale, Clovis, Coachella, Coalinga, Colfax, Colma, Colton, Colusa, Commerce, Compton, Concord, Corcoran, Corning, Corona, Coronado, Corte Madera, Costa Mesa, Cotati, Covina, Crescent City, Cudahy, Culver City, Cupertino, Cypress, Daly City, Dana Point, Danville, Davis, Del Mar, Del Rey Oaks, Delano, Desert Hot Springs, Diamond Bar, Dinuba, Dixon, Dorris, Dos Palos,
Downey, Duarte, Dublin, Dunsmuir, East Palo Alto, Eastvale, El Cajon, El Centro, El Cerrito, El Monte, El Segundo, Elk Grove, Emeryville, Encinitas, Escalon, Escondido, Etna, Eureka, Exeter, Fairfax, Fairfield, Farmersville, Ferndale, Fillmore, Firebaugh, Folsom, Fontana, Fort Bragg, Fort Jones, Fortuna, Foster City, Fountain Valley, Fowler, Fremont, Fresno, Fullerton, Galt, Garden Grove, Gardena, Gilroy, Glendale, Glendora, Goleta, Gonzales, Grand Terrace, Grass Valley, Greenfield, Gridley, Grover Beach, Guadalupe, Gustine, Half Moon Bay, Hanford, Hawaiian Gardens, Hawthorne, Hayward, Healdsburg, Hemet, Hercules, Hermosa Beach, Hesperia, Hidden Hills, Highland, Hillsborough, Hollister, Holtville, Hughson, Huntington Beach, Huntington Park, Huron, Imperial, Imperial Beach, Indian Wells, Indio, Industry, Inglewood, Ione, Irvine, Irwindale, Isleton, Jackson, Jurupa Valley, Kerman, King City, Kingsburg, La Cañada Flintridge, La Habra, La Habra Heights, La Mesa, La Mirada, La Palma, La Puente, La Quinta, La Verne, Lafayette, Laguna Beach, Laguna Hills, Laguna Niguel,
Laguna Woods, Lake Elsinore, Lake Forest, Lakeport, Lakewood, Lancaster, Larkspur, Lathrop, Lawndale, Lemon Grove, Lemoore, Lincoln, Lindsay, Live Oak, Livermore, Livingston, Lodi, Loma Linda, Lomita, Lompoc, Long Beach, Loomis, Los Alamitos, Los Altos, Los Altos Hills, Los Angeles, Los Banos, Los Gatos, Loyalton, Lynwood, Madera, Malibu, Mammoth Lakes, Manhattan Beach, Manteca, Maricopa, Marina, Martinez, Marysville, Maywood, McFarland, Mendota, Menifee, Menlo Park, Merced, Mill Valley, Millbrae, Milpitas, Mission Viejo, Modesto, Monrovia, Montague, Montclair, Monte Sereno, Montebello, Monterey, Monterey Park, Moorpark, Moraga, Moreno Valley, Morgan Hill, Morro Bay, Mount Shasta, Mountain View, Murrieta, Napa, National City, Needles, Nevada City, Newark, Newman, Newport Beach, Norco, Norwalk, Novato, Oakdale, Oakland, Oakley, Oceanside, Ojai, Ontario, Orange, Orange Cove, Orinda, Orland, Oroville, Oxnard, Pacific Grove, Pacifica, Palm Desert, Palm Springs, Palmdale, Palo Alto, Palos Verdes Estates, Paradise, Paramount, Parlier, Pasadena, Paso Robles, Patterson, Perris, Petaluma, Pico Rivera, Piedmont, Pinole, Pismo Beach, Pittsburg, Placentia, Placerville, Pleasant Hill, Pleasanton, Plymouth, Point Arena, Pomona, Port Hueneme, Porterville, Portola, Portola Valley, Poway, Rancho Cordova, Rancho Cucamonga, Rancho Mirage, Rancho Palos Verdes, Rancho Santa Margarita, Red Bluff, Redding, Redlands, Redondo Beach, Redwood City, Reedley, Rialto, Richmond, Ridgecrest, Rio Dell, Rio Vista, Ripon, Riverbank, Riverside, Rocklin, Rohnert Park, Rolling Hills, Rolling Hills Estates, Rosemead, Roseville, Ross, Sacramento, Salinas, San Anselmo, San Bernardino, San Bruno, San Carlos, San Clemente, San Diego, San Dimas, San Fernando, San Francisco, San Gabriel, San Jacinto, San Joaquin, San Jose, San Juan Bautista, San Juan Capistrano, San Leandro, San Luis Obispo, San Marcos, San Marino, San Mateo, San Pablo, San Rafael, San Ramon, Sand City, Sanger, Santa Ana, Santa Barbara, Santa Clara, Santa Clarita, Santa Cruz, Santa Fe Springs, Santa Maria, Santa Monica, Santa Paula, Santa Rosa, Santee, Saratoga, Sausalito, Scotts Valley, Seal Beach, Seaside, Sebastopol, Selma, Shafter, Shasta Lake, Sierra Madre, Signal Hill, Simi Valley, Solana Beach, Soledad, Solvang, Sonoma, Sonora, South El Monte, South Gate, South Lake Tahoe, South Pasadena, South San Francisco, St. Helena, Stanton, Stockton, Suisun City, Sunnyvale, Susanville, Sutter Creek, Taft, Tehachapi, Tehama, Temecula, Temple City, Thousand Oaks, Tiburon, Torrance, Tracy, Trinidad, Truckee, Tulare, Toluca Lake, Turlock, Tustin, Twenty Nine Palms, Ukiah, Union City, Upland, Vacaville, Vallejo, Ventura, Vernon, Victorville, Villa Park, Visalia, Vista, Walnut, Walnut Creek, Wasco, Waterford, Watsonville, Weed, West Covina, West Hollywood, West Sacramento, Westlake Village, Westminster, Westmorland, Wheatland, Whittier, Wildomar, Williams, Willits, Willows, Windsor, Winters, Woodlake, Woodland Hills, Woodside, Yorba Linda, Yountville, Yreka, Yuba City, Yucaipa, Yucca Valley.

For more information regarding California Pharmacy laws, rules & regulations contact them through their website at California Board of Pharmacy.

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