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Pharmacy Valuations
Washburn & Associates provides certified third party
pharmacy valuations for:
Pharmacy
owners selling their pharmacy
Buyer acquisitions
Bank loans
Loan compliance
Partner buyouts
Divorce
Other legal matters
Pharmacy valuations and audits completed by
Washburn
& Associates exceed $1 Billion annually.
Please provide the following
information, which is used to calculate the Current
Fair Market Pharmacy Value and Pharmacy Listing
Price for the business.
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If a pharmacy owner has 2 or more
locations, the data for each location
must be separated. Each location needs
to be valued on its own merits.
● Each department
(Compounding, DME, Rx, and Front End)
must be separated.
● When there are
partners/stockholders please provide a
copy of the Articles of Incorporation
and any supporting documentation that
clearly states ownership percentage.
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Data Required for
Washburn & Associates’
Detailed Analysis Pharmacy Valuation
1.
Corporate Tax Returns - for the last two years.
2. Corporate Financial Statements - for the
last two years, and monthly for the
current year.
3. Sales Report - total sales and department
breakdown: Rx, OTC, front end, compounding,
DME, etc.
4. Prescription Report - a monthly report for
the past 12 months, starting with the most current
completed month and working backwards. Include new,
refill, third party, and
Medicare/Medicaid.
5. Store Lease - provide a copy of the lease.
Provide typed or
handwritten notes, simple descriptions for:
6. Facility - description of the store,
square footage of the building, type of construction
of the
building, available parking, whether the facility is
a strip mall, shopping center, medical
building, stand alone, drive up window, and any
other relevant details.
7. Location - describe the neighborhood, and
competition within 2 miles.
8. Third Party - provide top 5 third party
carriers, and the percentage of sales they make up.
9. Deliveries - provide information about the
distance of deliveries, the number of Rx
deliveries on an average week, the percentage of
sales from deliveries, and delivery vehicle.
10. Contracts - with hospitals, jails, etc.,
including terms, and percentage of sales.
11. Personnel - describe duties, full
time/part time, and titles.
12. Inventory - breakdown of inventory: Rx,
OTC, front end, compounding, DME, etc.
13. Uniqueness - if there is a uniqueness of
your business/location, explain those features.
14. Contact information - please provide your
personal e-mail address. E-mails allow for more
efficient communication and less disruptions for you
at the store. Provide home and business
addresses along with phone numbers, cell phones, and
home faxes of all
partners/stockholders. Provide contact information
for any accountants, attorneys, bankers,
etc., which we will need to be in contact with in
valuing and closing the transaction.
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Please send the above information ASAP to:
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Jack Washburn
Washburn & Associates
244 Wading Creek Rd.
Dutton, VA 23050
Ph: 804-725-2614
Fx: 804-725-2616 |
Additional information that
may be requested at a later date:
A. Business Structure - when there are
additional partners, or stockholders, please provide
a
copy of the Articles of Incorporation or Partnership
Agreement and any supporting
documentation that clearly states ownership
percentage.
B. Property - when you own the real estate
provide value, liabilities, mortgage holders, etc.
Real
estate appraisals are completed separate from the
business valuation.
C. Prescription Report - end of the year for
the last two years.
D. Accounts Receivable Aging Report - include
both personal and 3rd party. |
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