Vendor

The following provides a definition and meaning for the term Vendor:

Definition - the strict definition

  1. A person or company offering something for sale, esp. a trader in the street- an Italian ice cream vendor
  2. A person or company whose principal product lines are office supplies and equipment
  3. The seller, esp. of property

Meaning - how it relates to pharmacy sales

In real estate, the term Vendor refers to the last formal definition:
"The seller"

In the case of Pharmacy Sales, the Vendor is the Pharmacist who is selling the business.



Contact us

Phone:
1300 ATTAIN (1300 288 246)Click to Call Attain

Online:
Make an online enquiry

See more contact details

Related news

Selling your pharmacy - steps to a successful sale

For many pharmacy owners, they will need to seriously consider selling their pharmacy. Whether this is for personal reasons or forced on them by market conditions, they will...
Read more External link

Capital Gains on Selling A Business

Capital GainsGet tax advice!Tax advisers and lawyers will differ on the treatment of capital gains in the sale of a going concern or partnership.If in doubt, you could...
Read more External link

Provided by Medici Capital's Ask An Expert