About The Asking Price

Published Thu, July 31 2008 10:34am by

What do I do if the asking price for a business for sale is too high?

The question of whether the asking price is too high depends on what the business is worth to you?

That is not to suggest that you should pay the vendor a premium for what you intend to do. However, if the asking price is less than what the business is worth to you, the deal is worthwhile - you are ahead.

The key steps in this situation should include:

  • consider asking for terms on the sale: would the vendor accept a higher price with some funding from them or time to pay?
  • consider a delayed settlement of some components of the purchase (i.e. stock or fixtures)
0 Comments

Leave a comment

Your email address will not be visible or shared.


Share This

Twitter Facebook

Rate This Article

Survey

How have the April 1 PBS changes affected your pharmacy's overall profit?





Medici Events

Pharmacy Ownership Ready Conference

This event is a Conference event for Pharmacists

Women's Pharmacy Golf Day

This event is a Discussion event for Pharmacists and Industry Personnel

Pharmacy Study Tour

This event is a Conference event for Pharmacists

Pharmacy Connect

This event is a Conference event for Pharmacists, pharmacy managers & students

Pharmacy Snow Business Conference

This event is a Conference event for Pharmacists