When you’re thinking of selling your independent pharmacy, one of the most important things to consider is how to find a pharmacy buyer. You want to be sure that the new owner will continue to serve your customers, maintain your employees and continue the legacy you have built in the community.
It’s hard to find a pharmacy buyer on your own. It’s not an everyday transaction, and buyers are likely not immediately identifiable. And once you have one or more potential buyers, you’ll want to vet them carefully to make sure you’ve made the right decision.
For help to find a pharmacy buyer and manage the complicated tasks involved in ownership transition, many independent pharmacists turn to VentureRx pharmacy solutions from H. D. Smith.
Find a pharmacy buyer with help from H. D. Smith.
As the largest independent pharmaceutical wholesaler in the nation, we are dedicated to helping community pharmacies thrive and succeed by offering competitive pricing, outstanding customer service and value-added solutions. Our suite of business solutions includes services for independent pharmacy branding, ensuring pharmacy quality outcome, incorporating pharmacy reimbursement solutions and bringing greater efficiency to every aspect of the business.
Sometimes, helping independent pharmacies thrive means helping to find a pharmacy buyer when existing owners decide they want to sell. Our VentureRx program provides advice on how to start a pharmacy, expand the business, or sell a community pharmacy. By helping pharmacy owners navigate the complex role of buying and selling, we are helping to support and shape the future of the independent pharmacy business.
Our services remove the guesswork and headache involved in trying to find a pharmacy buyer or sell a pharmacy on your own. Our experts can guide you through a seamless transition so that you can continue focusing on patients, where your skills and time matter most.
The steps to find the pharmacy buyer.
When you’re ready to sell your pharmacy, we’ll walk you through each of the steps to find a pharmacy buyer. We’ll help you to:
- Estimate the value of your pharmacy based on a review of your financials, revenue, inventory, net profit and script counts, and on insight into the current market value of independent pharmacies.
- Create a succession plan and transition strategy.
- Find a pharmacy buyer through customize matching from a leading portfolio of qualified buyers. Our process is focused on keeping your pharmacy proudly independent by helping you find a pharmacy buyer that shares your vision and standard of quality care.
Learn more about how to find a pharmacy buyer with H. D. Smith, and about our role as a 340B Prime vendor.
“My experience with customer service is that they ROCK! They are very courteous and helpful in every way. I like dealing with them because they take care of things on the spot. ”
Alennis Rivero, Pharmacy Tech
Steven's Rx LLC
H. D. Smith customer for 4 years
“All I can say is that I have great sales reps that provide nothing but the best to their customers. The accounting department is also great and always helping customers get the best possible service”
Never Too Busy to Help
H. D. Smith customer for 2 years
“No matter who I call and no matter how busy they are, I am always made to feel that I am the only thing that matters to customer service. Believe me, that goes way beyond the customer service of our previous suppler.”
“Customer service has always been wonderful – I speak to the same people every time who know me by name. I’ve never had a question or complaint that hasn’t been resolved in a reasonable amount of time.” - Kevin Sexton, PharmD, Co-owner, Danny’s Drugs
Danny's Drugs knows how to stand out and make an impact in its community.
Learn how it took the right business deal with a personal touch to solidify this rewarding partnership.
Team Member Spotlight
"Every day at H. D. Smith, I feel valued and respected. By far this is the best company I have ever worked for, and I cannot imagine ever finding a company that values its employees as much as H. D. Smith does.
With its strong core values, family feel and employee development, there really is no better place to work."