Professional Services for MA Pharmacy Owners

by Brad MacLiver
Authorship and profile at Google

Pharmacy Acquisitions
There are a number of factors to be concerned about when selling a pharmacy. There are sink holes to avoid and actions that can be taken, which allow the seller to deposit more in the bank. www.PharmacyValuations.com provides expert guidance and manages the acquisition process.

Pharmacy Buyers
www.PharmacyValuations.com provide free services that assist pharmacy buyers with the leg work that goes into acquisition searches. This reduces the buyer’s cost of acquisitions and allows more money to be available for acquisitions.

Pharmacy Financing
Sellers need to make sure they are dealing with qualified buyers and not tire kickers. Financing is available to make sure that the deal gets done. www.PharmacyValuations.com packages and presents funding requests to a number of lenders who understand the dynamics of the pharmacy industry and who generally offer better terms than local banks. Whether buying a single location or a small chain, or when there are needs to refinance other pharmacy business debt - funding is available from $200,000 to $100 Million.

Free Pharmacy Business Valuations
PharmacyValuations.com provides free pharmacy valuations for pharmacy owners who are considering selling their drug store. When making a decision, pharmacy owners want expert answers to base their decision on.

Independent drug store owners and regional pharmacy chains located in: 
Massachusetts (MA)… when you are considering selling, financing, buying, valuing, or expanding your community pharmacy or regional drug store chain you will find value tips, resources and information at the following:

1. For Tips and Resources about buying, selling, financing, or expanding a pharmacy or drug store business: www.BuyingAndSellingPharmacies.com.

2. By connecting with us at   Facebook   Twitter   LinkedIn  you can discover the latest news and trends affecting the pharmacy industry and whether the equity in your business is increasing or decreasing due to the current market conditions

3. View pharmacy business videos at YouTube 

4. Click now a FREE  Pharmacy Business Valuation

5. We will be posting new pharmacy related articles for Pharmacy Owners on this Blog.

Financing Massachusetts Pharmacy Franchises

By Brad MacLiver
Authorship and profile at Google


A Massachusetts (MA) pharmacy franchise is a contractual relationship between two parties. One, the Pharmacy Franchisor is the party that developed their drug store business model, branded the pharmacy related products, and produced the system the pharmacy franchisees will operate under. The second party, the Pharmacy Franchisee, purchases a franchise license from the Pharmacy Franchisor, and usually pays an ongoing pharmacy franchise fee, or royalty fees, to use the name, products, systems, trade secrets, etc., created by the Massachusetts Pharmacy Franchisor.

There are a number of options for financing a pharmacy franchise business. All pharmacy franchise funding sources, for drug stores, prefer lending to a pharmacy franchisee who will be working with a nationally recognized name and long track records. Newer pharmacy franchise models won’t possess these two traits and will be considered more risky.

Traditional Bank Financing used in funding a pharmacy franchise is available when a pharmacy franchise has the track record and pharmacy name recognition. Many of the banks will show interest in this type of funding opportunity. Unfortunately once the bank reviews the loan documents, many of these banks decline the funding request because they don’t understand the security provided for the Massachusetts pharmacy loan. Community drug stores will typically not have many traditional assets to offer as security. Pharmacy lenders will use traditional methods for analyzing cash flow available to service debts, and they will also need to understand the nontraditional collateral that will secure the loan.

Borrower, even incorporated borrowers, consider the independent drug store owner’s personal credit rating as a factor, along with their personal tax returns and financial statements. The amount of actual cash on hand and the verification of the source of the down payment will be critical factor in qualifying for a pharmacy business loan in Massachusetts.

Pharmacy Franchise Funding Tips for Massachusetts Pharmacies:

1. Because there are many pharmacy franchise financing options available, pharmacy owners should perform proper due diligence then obtain the pharmacy funding that best suits their situation.

2. It is advisable to have an accountant or attorney that is familiar with pharmacy franchise financing to review the pharmacy business loan documents.

3. There are Massachusetts pharmacy consulting services and franchise associations who can help guide a prospective pharmacy franchisee or borrower or a drug store loan.

4. New pharmacy owners need to make sure their funding request is enough to get the pharmacy running and profitable. Less than ample funding for the initial stages may put the drug store in a position of needing additional funding. Smaller working capital loans that would be in a subordinated position will be more difficult to obtain at a later date.

When pharmacy owners have questions and need information regarding pharmacy franchise business loans, or any types of funding for community drug stores and Massachusetts pharmacies, they should contact a pharmacy industry specialist who can provide quality answers and sound advice.

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