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Issues Related to Buying & Selling a Pharmacy

Keeping you informed with up to date market conditions

The Attain Blog is designed to provide commentary on issues related to buying or selling a pharmacy. For many pharmacy owners, the transaction will occur irregularly, so it is important to ensure that you gain an understanding of what's involved. We hope the blog provides some valuable answers to your questions.

Tell Him He’s Dreamin’

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This famous ‘The Castle’ quote is one thing I didn’t expect to hear in my career as a professional Pharmacy Business Broker, but surprising it does come up quite often! Now to be honest it is usually not said with the same grammar or exact words, but is the phrase I’m often instructed as a business broker.

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How has the Stamp Duty Change Affected Sale Prices in NSW?

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In June 2016 we received exciting news when the NSW Government announced that, ‘Duty on the transfer of business assets or a declaration of trust over 'business assets' (other than land) will be abolished from 1 July 2016.’

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Common Myths Debunked About Buying a Pharmacy

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It’s no secret that getting into pharmacy ownership can be a long and sometimes difficult process. It requires a lot of hard work and determination to get there – but what worthwhile endeavour doesn’t?

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Five Characteristics Pharmacy Buyers Pay Top Dollar For

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The pharmacy market is currently very active with the number of pharmacy business transactions increasing this year. Overall we are witnessing strong sales results for many pharmacies. However, each business is different and while the market is happy to pay a premium for certain sites, some businesses are taking longer to sell. So what makes a pharmacy attractive to buyers?

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What do the current Interest Rates mean for pharmacy?

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At its last meeting on Tuesday 4 April 2017, the Reserve Bank of Australia Board decided to leave the cash rate unchanged at 1.50%. As many of you would already be aware, we are currently in a very low interest rate environment. And it seems like we can’t go a week without hearing more news and speculation about what may happen to interest rates, when they are going to rise and how this has and will impact of the housing market throughout Australia. But what does it all mean for pharmacy? And how are these low interest rates impacting on the pharmacy business sales market?

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