As an independent pharmacy owner, you are always looking for a sustainable way to achieve financial growth. Purchasing an additional pharmacy with an established customer base and quantifiable sales is for many the only way to achieve this. Wesleyan Bank's latest guide draws upon our experience of working with successful and growing independent pharmacists to highlight the key issues.

Everything you need to know about buying your next pharmacy

When you are interested in buying your next pharmacy, there are a number of different things that you need to consider to make this acquisition a success. We separate these considerations out for you in easy to digest chunks:

Preparing the ground

  • are you ready to grow?
  • do you know where you stand financially?
  • what will your operating model look like?

Finding a pharmacy

  • location
  • deep dive into the opportunity

Seeking guidance

  • writing a business plan
  • due diligence
  • approaching lenders

Maintaining standards

  • formalising roles and responsibilities
  • staff handbook
  • employing a pharmacy manager

Getting the technology right

  • electronic prescription services
  • robotic automation

Get our guide

If this information has piqued your interest, download our guide to read everything you need to know about buying your next pharmacy.

 Your property may be repossessed if you do not keep up repayments on your loan.

Wesleyan Bank acts as both a broker and a lender.

The Financial Conduct Authority does not regulate these loans or mortgages.