Despite the numerous threats and pressures facing pharmacy, Goodwill is and remains at an all time high. By any measure the cost of pharmacy ownership is high and the payback period greater than in recent history. So too are the associated risks of pharmacy ownership.

However, the returns for wisely selected pharmacies can be excellent and the rewards, both personal and financial, can be exceptional!

Recent sales evidence suggests a number of warning bells which I wish to

Don't pay the seller for what you bring to the table!

Emotion and fear are often the twin drivers for the purchase of a pharmacy. This is particularly so where a competitor is thought to looking at the same opportunity.

Brokers are very skilled at creating the 'pressure pot' for sales and a quick decision. They drive the emotional factor! They will often encourage the purchaser, to never mind the reported results and think about what "you could do with this bus…read more

Medici Capital has provided some indicative figures that identify the differences between the operations of different styles of pharmacy. We have identified differences between Community Pharmacy, Regional Shopping Centre Pharmacy, Big Box Discounters and Nursing Home Specialist Pharmacy.

The following table summarises a few differences in real life styles of pharmacies. The numbers have been changed to protect the innocent and identity of the pharmacies.