Award-winning, independent pharmacy specialists.
Welcome to Pharmacy Business Sales.
Pharmacy Business Sales is a renowned agency in Australia, specialising in the sale of pharmacies. Established in 2001, we have over 22 years of experience serving the Australian Retail Pharmacy Industry. With offices in Melbourne & Sydney, we offer confidential and professional services to both sellers and buyers. We understand the unique aspects of each business and how to maximises the pharmacy investment for our clients. Whether you're looking to buy or sell a pharmacy, we can add unrivalled experience that will make all the difference.
Pharmacies for Sale
A rare to find a pharmacy on the strip in the inner eastern suburbs of Melbourne that has obvious potential. This pharmacy and combined Post Office are on a high exposure strip where new business is being developed around the pharmacy including a medical centre.
This is a deceptively very profitable business! With sales above $2.6m and great GP showing 35% the pharmacy competes well on price and maintains loyal customers. A relatively new lease at 2.8% of sales providing an adjusted net profit of over $390k after all costs.
Ideally suited to Vietnamese or Chinese buys in the Agents opinion. A partnership would be ideal to share the cost and hours!
The pharmacy has serviced the same three local nursing homes for the last 21 years approximately.
This business keeps improving!
This strip pharmacy provides the opportunity to rebuild sales.
It is in a high exposure strip . The local doctors are only meters from the back door of the pharmacy together with other healthcare providers.
It is an excellent community pharmacy in a great area providing a sound start with no methadone or nursing homes.
A rare to find a pharmacy on the strip in the inner eastern suburbs of Melbourne that has obvious potential. This pharmacy and combined Post Office are on a high exposure strip where new business is being developed around the pharmacy including a medical centre.
The freehold can also be purchased providing a great addition to your superfund, or an excellent Lease can be provided.
The Vendor has enjoyed 24 years and is the first to say the potential is there for next owner in this highly sought after location.
Buying & Selling.
Selling a pharmacy involves numerous complexities, but we excel in presenting your business to the market for optimal results. We handle the process with utmost care and skill to maximise returns for you. If you're considering selling, contact us today. At Pharmacy Business Sales, we also assist buyers, fostering strong relationships and offering a range of pharmacies for sale. Register as a buyer or explore our listings to find your perfect opportunity.
Complimentary Market Appraisals.
Unlock the true value of your pharmacy with our complimentary and confidential market appraisals. We go well beyond financials, considering non-financial factors that can significantly improve the price you can achieve for your pharmacy. Trust us to provide the 'highest and best value' appraisal, considering market conditions, buyer motivations, regulatory factors, and more, to maximise your investment potential.
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ROSSA O'CONELL
Along with everyone that has engaged John King's services, I highly recommend him to you to sell your pharmacy!
John recently sold my two pharmacies in Euroa in good time and achieved an excellent result. John’s professionalism, experience, and knowledge in the sale of pharmacies is outstanding! He is honest, and his independent advice, support, and clear communication provides great confidence that he is in complete control of the sale. I have always used John to sell my pharmacies for many years, despite the constant sales pitch of others, as John’s results and skills are beyond reproach. He is very approachable, trustworthy, and John is great to work with."
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SILVANA & NABIL SAKKAL
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John should be the person you trust to sell your pharmacy!
Our pharmacy was our life for 23 years. Deciding to sell was a big and stressful decision. It was made easier because it was handled by a person of integrity with a impeccable industry nous, patience, and interpersonal skills.
John got us an excellent price and we can't recommend him highly enough. He also extended his services & help beyond settlement as well.
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BETTY CROCKER
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I have known John King since 2007, John has been assisted me buying and selling pharmacies for the last 14 years! John is a true professional and a genuinely nice guy, supporting me every single step of the process. He answers calls or emails promptly. His professionalism, knowledge, and hard work ethic are much respected and appreciated. For my benefit John has achieved good results every single time! I am highly recommending John to anyone that is searching for a pharmacy or looking to sell.
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RICK ROSE
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I have recently used the services of John at Pharmacy Business Sales to sell my pharmacies. It wasn't a simple process with two pharmacies and four partners involved in the sale.
Throughout the sale John maintained a professionalism based on his vast experience in the industry. He projected a calm manner and a quiet self-confidence through every step of the process.
Most importantly the lines of communication were always open and I felt I could contact John at any time with my concerns.
I would be confident in recommending John's services in the future.
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JOE GILIBERTO
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I have engaged John King’s services to sell my various pharmacy businesses over many years. John has always conducted himself with great professionalism and integrity.
He has always found a well-qualified buyer to purchase my pharmacy business and quickly. I feel his knowledge and experience in the industry is a clear advantage and his attention to detail makes the whole process stress free and so efficient.
He is always available to follow up any queries. It’s almost like his is selling his own business, that’s how much he cares. I can’t thank him enough for a great result in our recent sale.
Looking forward to dealing with him again whether it’s buying or selling. Cheers,
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KEN YAP
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There are many brokers approaching us these days to sell our pharmacy but we wanted the best independent advice without any conflict of interest and knew to appoint John King as our Agent. John has a great reputation and delivered a great result in a challenging environment for us. His knowledge of the industry was evident when he anticipates the issues associated with the sale process and put strategies in place to keep us on the right track. John clearly explained the process and highlighted the avoidable pitfalls. He guided us though each stage proving time after time he was in control of our sale and we can’t thank him enough.
If you want independent, honest and trustworthy service go straight to John King!
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CAMERON LOHSE
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I gave John the listing to sell my pharmacy because he struck me as one of the more genuine agents, and he was confident of achieving a good sale price. He gave me valuable insights into the pharmacy market, pharmacy valuations, and potential delays when dealing with banks. John conducted negotiations professionally and any queries or legal requirements he handled promptly and efficiently. John has a wealth of experience and his advice is always worth taking into consideration.
I was happy with John's services and he did indeed achieve a very satisfactory sale price, far better than what other agents thought was possible. Thanks, John!
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STEPHEN LAMONT
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I wish to thank you for your guidance with the recent sale of our business. An important aspect for us was to have clear and constant communication - and you delivered this from day one - and a major reason why we felt confident with using your service after our first meeting. Your advice on the process was always professional and little things like a checklist provided us with the information and communication we requested. Your assistance with recommendations of other professional services required - demonstrated you also have contact with quality people.
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GLENN BENNETT-HULLIN
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I sold my pharmacy through John King in July 2022. Throughout the sale process, John’s calm manner assisted us and guided us from go to whoa. From finding us a trustworthy buyer at a good price, through to helping manage the settlement process in a seamless and professional manner, John was always there with sound advice and an experienced hand, ensuring a result that we were very happy with. Thanks John.
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THU LE
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I engaged John King to sell my pharmacy 14 years after I purchased it from him. I knew John had the experience and Knowledge and despite other Agents constantly approaching me John continued to demonstrate he is the best at pharmacy sales. John’s guidance, advice, and support along the way demonstrated that John was in control of the sale throughout the whole process. This was especially comforting to me when it came time to get the Purchasers’ finance in place. John achieved an exceptional result for me without overexposing the business and protected my staff until the timing was right to advise them of the sale. John’s knowledge and support to the Purchaser were also evident and this added to a successful result. John found the right buyer in good time and for an excellent price. I highly recommend John King to you.
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SUZIE & SAM GERGIS
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Just a short note from Sam and myself to express our great gratitude in holding our hands during the sale process of our pharmacy.
We can’t thank you enough for your professionalism and patience especially in dealing with some of the challenging issues along the way. We were able to contact you whenever we had queries and received the right advice promptly was a great relief for Sam and I.
We would definitely have no doubt in recommending you to any prospective pharmacist willing to sell or purchase. Keep up the good work!
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GEORGE RUBAN
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When we engaged you in late October we really had no expectation that you would find us a genuine and qualified buyer within a week, achieve an excellent price for our business and that settlement would occur within six weeks of signing the Heads of Agreement. Outstanding!
Thank you John, for your professional approach, your good humor and your guidance through, what was for us, unfamiliar territory. We greatly appreciate you always being contactable when the inevitable glitches arose. You helped to reduce a couple of potential mountains back to molehills. I appreciate that no two pharmacy sales are exactly alike but I am sure your talents and experience help to facilitate good outcomes, such as ours.
Now Rosemary and I can spread the brochures out on the dining table and start working on that holiday.
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ANDREW CROCKER
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We enlisted the help of John King to sell our pharmacy business. We were amazed at how quickly John found us a buyer and the professionalism with which he did this. We thought that it might be quite difficult to sell our business as soon as we did, but John oversaw the whole process and ensured that our goals were attained very efficiently and confidentially. Barely had we signed up with him and eleven days later we were already signing with a purchaser!
John showed himself to not only be very approachable but also very knowledgeable as far as answering any questions or where legal issues were concerned. He made it clear that he could be contacted with any queries, and provided ample help and guidance as to tasks we would have to attend to in order to ensure the sale process went as smoothly as possible.
We wouldn’t hesitate to approach John in the event of any future pharmacy purchases, and also any future business sales.
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FRANK CHONG
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I wanted the best agent, but how do I choose? Was it the one who quotes me the highest price, or the lowest commission? In choosing John King as the selling agent, he was honest with me and worked hard to present the business for sale and advised me with offers that were put on the table.
I believe the excellent sale price was only achieved by John’s negotiation skills. John’s approach in helping me to set a realistic asking price and skills in respectfully dealing with buyers to negotiate an outcome has made this selling experience surprisingly pleasant.
Thank you for your valued service, and keep doing what you do!
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