IT HAS BEEN OUR EXPERIENCE THAT WHEN A PHARMACY OWNER HAS DECIDED TO SELL, THE TIMING IS OFTEN NOT QUITE RIGHT. EITHER THE OWNER(S) OR THE ORGANIZATION IS NOT QUITE READY – DESPITE THE DESIRE TO SELL.
~Max Beairsto, BSc, MBA, CVA – Founder
At EVCOR, Canada’s best-known pharmacy business brokers, we want to sell your business when you’re absolutely prepared. After conducting a pharmacy valuation, we can help reduce your tax burden at the time of sale, increase your selling price, or even make an unsaleable business sellable. As your pharmacy valuation consultant, we want you to sell your business when the time is right for you, your shareholders, and the company. We can also serve as your pharmacy business consultant, helping identify areas where you can boost profit and realize more value when it comes time to sell.
Clearly defined methods of how your valuation was conducted and valuation reports that contain the necessary information, not filler. As a result, you gain a deeper understanding of the factors that lead to your profitability. You can then expand on these and increase your profit over time.
It takes a team of advisors to preserve the value you have built in your business. Quite often is the case, that the majority of your wealth is trapped within your company. We work with your advisors and our strategic partners to create a strategic plan to preserve this value in the most efficient and tax-advantageous way.
We feel it is our duty to search for missed opportunities when reviewing your business. Comparisons are made to your peers and potential efficiencies are identified. We also look at other factors and identify solutions that you can easily implement to increase your value and attractiveness to buyers.
Understanding your business value is paramount in the business sale process, but it is of little importance if this is not effectively communicated to the market. Additionally, it is critical to understand deal structure and negotiation to translate the value figure on paper to money in the bank.