Why does a lender ask for detailed information on the financials of the store?

A financial statement is a document which is intended to show less profit to the store in order to manage tax obligations. However, a lender (and a ...

A “Right of First Refusal” is an agreement a seller has made to a second party to ensure that the second party has the ability to match any sales ...

Once a store has been identified as a purchase, and an initial conversation has occurred, it is often a multi-month project to finalize a sale. Some ...

Most pharmacists have a ten year plan to be debt free and own the pharmacy free and ...

There are broadly three types of independent pharmacies:1. “true” independent stores, which are not associated with a banner or franchise, and ...

Most pharmacy valuation professional and financial institutions have moved away from a per-script valuation model. These models do not take into ...

“Accountants prepare financial statements in a variety of formats. These can be most or less costly to have prepared. From lease to most ...

A store usually has a lease deal in place. This is usually true, even if the seller owns the building, which is often in a different corporate ...

Lenders validate earnings in two ways: financial statements and prescription volume reports. Three years of history for each of these categories is ...

An indicator of a company’s financial performance which is calculated in the following EBITDA ...