PDS Strategies for Buying or Selling a Pharmacy

Pharmacy Development Services has over 20 years of experience in the independent pharmacy industry. Whether you are looking to sell a pharmacy or buy a pharmacy, PDS has the right strategies to help you reach your goals.

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Buying A Pharmacy

  • Determine the value potential
  • Get a high return on your investment
  • Increase staff output
  • Evaluate payor mix
  • Underpay for value of business
  • Avoid costly and common mistakes

Selling A Pharmacy

  • Increase the value of your business
  • Create an exit strategy years in advance
  • Maximize average profit per prescription
  • Programs to help the new owner continue to succeed
  • Unique revenue streams to help you maximize your top line and bottom line
  • Avoid costly and common mistakes

“PDS provides me with my ideal lifestyle. I wanted to put my family first and have my social life.”

Kevin A.PDS Member

“The impact has been almost immeasurable, from year to year, the things we continue to do…the benefits compound themselves.”

Chris L.PDS Member

“You will see your savings and profit on your bottom line.”

Sandra H.PDS Member

“I am so happy to be partners with a company so willing to give us guidance and GOOD advice. So refreshing!”

Briana F.PDS Member

“In the first 10 days of membership I made the yearly fee back”

Mike B.PDS Member

“We are up $7/ Rx this month. We already have more profit thru 18 days than we did all of April last year.”

Chris W.PDS Member

“I would have never reached the success I have in this pharmacy without you.”

Jade S.PDS Member

Specific PDS Strategies

While the goals are different, the strategies to succeed are surprisingly similar

RxAnalytics – PDS’ proprietary program can help the buyer and the seller by increasing the average margin per prescription. The buyer can confidently purchase a pharmacy that is underperforming knowing the profit potential that awaits by analyzing the claims data. The seller can maximize their pharmacy profits now in order to get top dollar when it comes time to sell.

Staff Training – PDS has created trainings specifically for the entire pharmacy staff. Trainings range from leadership course for the owners and managers to clinical courses for pharmacists to foundational customer service classes for cashiers and many more in between. When buying a pharmacy, the staff can be a help or a hindrance, make the staff you acquire a tremendous help by training them. A seller can capitalize on staff training in both the short and long term game.

Unique Revenue Streams – Diversification is a key to success no matter if your buying or selling a pharmacy. Buyers can purchase pharmacies with a single source of revenue and multiply it into several lines thereby increasing the ROI of the purchase. Sellers can develop multiple revenue streams now and get paid a premium for have several profit sources as well as a staff that knows how to keep them running.

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PDS exists to help pharmacy owners be wildly successful. Our experts are here to help you with your pharmacy business needs. Schedule a call with one of them today!

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