We have one purpose – to maximize your pharmacy value and prepare you completely for the sale of your pharmacy; minimizing your worry.
Our team of mergers and acquisition specialists will guide you through the process of selling your pharmacy; but our business is not built on closing one deal after another. We build a relationship with you and your business, and continue to work with you after the sale to make sure every part of the deal has gone through smoothly and correctly. We work nationwide and have assisted in the sale of pharmacies coast to coast.
The StillwellRx team is made up of experts with many years of experience in all parts of the independent pharmacy arena. This includes, but is not limited to, individual and multi practice ownership, pharmacy sales, consulting, brokerage and transition of ownership. Each StillwellRx team member is ready with just the right tools and knowledge to give you the upper hand.
We know your pharmacy means a lot to you, and we are proud to say that it means a lot to us too.
Taking the next steps can be difficult, and scary; our team is here to help ease your worry in the process. Working with the big chains often means you’re more likely to leave money on the table – which means less in your pocket. We won’t let that happen.
We want our clients to be:
- Comfortable with their decision to sell
- Certain they are in a position to sell
- Satisfied with their price and the terms of the sale
- Happy with the buyer
- Confident in StillwellRx
We specialize in the confidential representation of buyers and sellers. StillwellRx acts on your behalf allowing the sale of your pharmacy to remain confidential until the appropriate time. This is especially important if you do not wish your employees, bank, suppliers, competitors, or customers to find out prematurely that you are planning to sell your business
StillwellRx knows how to market your pharmacy. A blind business profile and/or a confidential business review are tools that we use when promoting the sale of your pharmacy. The blind business review is a brief marketing piece that does not include the name or location of your business in order to maintain confidentiality. Its purpose is to present all the important details about your pharmacy, including basic financials, and an upbeat description. It does not specifically identify your pharmacy. It is easy to read and is intended to provide sufficient information in order to gauge the interest level of the reader. The pharmacy particulars are only given to serious buyers, and only after they have signed a confidentiality agreement and completed the qualifying stage.
StillwellRx maintains a pipeline of buyers. We keep a growing list of individuals and companies that are ready, willing, and able to make a purchase – in other words buyers who are financially and operationally capable of buying a business. It is very important that those who are going to be looking over proprietary information about your business are seriously interested in completing a transaction.
“BUSINESS AS USUAL” MINDSET
Nationwide it typically takes six to nine months to sell a pharmacy, but it can take a year or more. Wanting to get the best price possible for your pharmacy means your business has to continue to function as usual. Maintaining the status quo ensures that employees feel secure and don’t contemplate leaving, and your patients know that service and quality will be maintained. If a pharmacy is for sale, it is especially important to continue in the same efficient manner.
Selling your pharmacy is a difficult process, especially if you’re doing it alone. The importance of confidentiality is key to the successful sale of a business – and only a properly trained pharmacy specialist can get you there. Our unique process will work for you. We attract new buyers every day. Get your business sold fast using our systems. During the sales process, a seller’s job is to do what he or she does best, which is to continue to run the pharmacy efficiently. Our job is to confidentially market your business, find and screen the buyers, educate them, negotiate the terms of the sale and provide a buffer for the emotional highs and lows that you will most likely experience.