Pharmacy Buyers
If you’re looking to buy a pharmacy, we will help you understand the process and make sure you get the best deal possible.
The first step
We understand that buying a pharmacy (particularly if it’s your first one) can be stressful, incur high fees and impact on your cash flow in the early days of running your business.
Our fixed fee Buyers package can help, by preparing your business plan and providing accountancy support with the purchase.
The first step
We understand that buying a pharmacy (particularly if it’s your first one) can be stressful, incur high fees and impact on your cash flow in the early days of running your business.
Our fixed fee Buyers package can help, by preparing your business plan and providing accountancy support with the purchase.
Get a free tax review
If you’re considering purchasing a pharmacy business, we offer a FREE review of the target company’s accounts and the proposed structure of the deal to identify any potential tax or commercial issues that you need to be aware of. We also provide the following services for pharmacy buyers:
How we help pharmacy buyers

Advice on how to structure your purchase
We can help by establishing the best way to structure your purchase so that you can fully understand every step of the process and all the tax implications.

Reviewing the purchase agreement
We work closely with your solicitors to assist with the drafting of the purchase agreement, deal structuring, and other commercial and taxation aspects of the purchase so that it all goes as smoothly as possible for you.

Understanding the business you are buying and how profitable it is
With our expertise in the sector we can help you understand the target business and how it’s been valued, and assist with the due diligence process so that you have confidence in the figures and business profits.

Checking information provided by the sellers
We will be on hand to review and advise you on any information provided by the sellers’ accountants such as the completion accounts and net asset statements, ensuring these are prepared correctly and in line with the purchase agreement.

Helping you secure financing for your purchase
If you need to raise funds for your purchase, we can guide you through the available options, and also assist with the preparation of business plans, cash-flow forecasts and other reports required by your lender.

Helping you to navigate the purchase process each step of the way
With us in your corner you can rest assured that you’ll be supported with any other matters that may arise, such as helping you set up a company vehicle for the purchase, provide tax planning advice and assisting with all your compliance needs in the future.
Six steps to a successful pharmacy purchase
We assist with a commercial appraisal of the pharmacy you are considering acquiring, looking at key performance indicators and comparing it to similar pharmacies to make sure it’s worth what you’re thinking of paying for it. We also work with your solicitors to carry out financial due diligence before the purchase so you can have confidence in the figures you are presented with.
We explain the ways you can finance your purchase and make introductions to lenders and brokers. We can also help you secure loans by providing business plans, cash-flow forecasts and other reports required by lenders.
We work closely with your legal team in respect of the acquisition to help with the sale agreement, deal structure, and the taxation and commercial aspects of the deal, to make the purchase go as smoothly as possible.
In a share sale, several weeks before completion the sellers’ accountants provide us with a figure for the company’s estimated net asset position at the target completion date. We review this carefully as it informs the total funding you will need to complete the purchase, and liaise with the sellers and their advisers. It often involves some time negotiating with the various parties regarding retentions on completion etc.
As part of a share sale, the sellers’ accountants need to provide Completion accounts and net asset calculations, which are very specific to pharmacy sales and determine how much you will need to pay for the net assets of the business. Our expertise and technical knowledge in this area means we can help to ensure you don’t pay a penny more than you have to.
We can help you to set up a company vehicle for the purchase, provide tax planning advice and assist with all your compliance needs after the purchase, including annual accounts and tax returns, setting up MTD compliant bookkeeping.