Pharmacy owners are paying too much to sell a California pharmacy.
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 California pharmacy.
If that isn’t enough to cause you to be concerned. Many are charging significant upfront fees and monthly fees while your listing is active.
At KKBA our value proposition is twofold.
First, we are a premier brokerage firm with a specialty in selling independent pharmacy businesses. We sell California pharmacy businesses.
Secondly, we assume all the risk once we are engaged to represent your business. In conclusion, if we are not successful in finding the right buyer, YOU PAY NOTHING!
Though every business transaction is different, there are similarities. Thusly, we follow our time tested and proven transaction management system to get the job done. Our Medical Sales Group team members will hold your hand through the entire transaction. Rest assured, you will understand what is transpiring at all times. Rest assured, we will sell your California pharmacy.
It’s Official – We are enjoying this Seller’s Market
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 to national chains looking to expand in a given market. Therefore, no matter who the buyer is, we will be in your corner fighting to get you the best package possible.
Don’t try this at home…
Despite a perfectly aligned seller’s market, it’s risky to try to sell your California pharmacy business yourself. Furthermore, savvy buyers hire MBA’s to work on these transactions and they can be ruthless to deal with. Suffice it to say, don’t enter into negotiations with a buyer alone. Having never sold a business before you will be at a disadvantage from the start. If you don’t know what makes these folks tick and how they think you will leave money on the table. Finally, You don’t know, what you don’t know.
Our proven track makes KKBA your best ally when it comes time for you to sell a California pharmacy. We handle all of the preparation involved with the sale of your California pharmacy. This includes qualifying buyers and negotiating price, terms and structure of the deal.
In conclusion, if you are ready to sell a California pharmacy you need to call KKBA first. FYI, pharmacies in California are subject to laws, rules & regulations of the state. Contact them through their website at California Board of Pharmacy.
A precautionary note about Pharmacy licensing provided by our friends at LicenseLogix:
As a matter of fact, the Pharmacy industry is regulated by both federal and state law. Furthermore, every state requires pharmacies to be properly licensed. Of course, pharmacy employees are regulated as well, requiring licenses to act as a pharmacy technician, a pharmacist, and an intern pharmacist.
If you are ready to buy or sell a California pharmacy contact or call (888-565-6468) the professional business brokers at King & King Business Advisors!
For more information regarding California Pharmacy laws, rules & regulations contact them through their website at California Board of Pharmacy.