If you were thinking of selling your business

Published: Wed, 06/09/21

If you were thinking of selling your business

- Talk to us in confidence

09 June 2021

Dear Colleague,

We write to you on a subject matter that we do not take lightly. Selling your pharmacy is also probably one of the most significant financial decisions you are likely to make with your business.

It is also something that PharmaPlus wishes to assist you with if you decide that it is time for you to move on. We want to help bring practical and pragmatic support to you when considering this matter.

For you, in particular, it would be a stressful time. Perhaps it may be an exciting time too. Either way, we at PharmaPlus would be sad to lose a valuable member.

If you consider selling, we aim to make it as stress free as possible.

1) We recommend a professional selling agent - Pharmacy Seekers - to help you market and sell your business, as well as a range of other agents such as tax advisors and solicitors.

2) Additionally, Pharmaplus has help on-hand to guide you through the complex process to prepare you for the sale. We can provide or connect you with:

How to maximise business performance for a sale
Provide a sellers checklist
Expert company, property, governance & tax advisors
Can help you find the right solicitors and accountants for a sale
Supporting your old staff members and the new owner with the sale by creating a handover plan
Stocktaking arrangements
GPHC and NHS England transfer processes

We hope that we retain the membership of your pharmacy with the new purchaser, help them navigate the early days of pharmacy ownership, and continue to build a strong bond as we have with you.

We have worked with a few of our members who have recently sold their businesses. Each of these former members have commented that we supported them diligently in so many professional and commercial matters.

Pharmaplus is 100% dedicated, and will always remain fully committed to the independent sector, being run by community pharmacists, with 100% share ownership by its members.

In short, we would like you to be our advocates to the new owners, so the good work that PharmaPlus does continues and grows.

Please call the office on 0208 863 3335 and speak to Ishan and Varinder, and we will help you all the way through the process.

Please note: We will treat any matter raised with us in the strictest of confidence.

Regards,
PharmaPlus

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info@pharmaplusltd.co.uk | Tel: 020 8863 3335 | Fax: 020 8863 4144 | www.pharmaplusltd.co.uk

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