Are you looking to buy a pharmacy in Blackpool ?
Whether you are a first-time buyer looking for pharmacies for sale in the Blackpool area, or a seasoned buyer, our pharmacy acquisition experts at Prospect Estates will be able to talk you through your options and cover every aspect of the process.
Buying a pharmacy in Blackpool offers several key advantages, including a diverse and established customer base, with strong demand from both locals and tourists. The town’s status as a major tourist destination ensures consistent foot traffic, creating opportunities for pharmacy services.
Prospect Estates provides an end-to-end service for businesses and individuals looking to purchase pharmacies in and around the Blackpool area, ranging from small owner managed businesses to multinational, multi-million pound turnover corporates.
Please get in touch to find out about our latest opportunities.
View our pharmacies for sale in Blackpool
Pharmacy for sale Cumbria - Offers over £230,000
Turnover: £350,000
Offers over: £230,000
Location(s): Cumbria
Maintainable EBITDA: £7
Years established: 20+
Number of staff: 5
Number of items: 2,000
Notes: - 40 hour chemist
- Newly renovated
- Ideal opportunity for first time or experienced buyers
- Shopping area with good footfall
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Frequently asked questions
What are the key advantages of buying a pharmacy in Blackpool?
• Established and Diverse Customer Base: Blackpool is a popular seaside town with a diverse population, including families, retirees, and a significant number of tourists. This diversity creates a broad customer base with varying healthcare needs, ensuring steady demand for pharmacy services throughout the year.
• Strong Tourism and Visitor Traffic: As one of the UK’s leading tourist destinations, Blackpool attracts millions of visitors annually, drawn to its iconic attractions like Blackpool Tower and the Pleasure Beach. This influx of tourists presents a unique opportunity for pharmacy owners to cater to both local residents and visitors requiring pharmaceutical services, from basic medications to travel health needs.
• Growing Economy and Regeneration Projects: Blackpool is undergoing significant regeneration and investment, including improvements to infrastructure and new business developments. This revitalization boosts the local economy and creates new opportunities for businesses, including pharmacies, making it an attractive location for long-term investment and growth.
How do I Find, Finance, and Secure my first pharmacy?
• Prospect Estates have hosted a series of webinars tailored to clarifying the process of finding and acquiring pharmacies across the UK.
• If you’re looking to buy your first pharmacy, this session provides expert advice in innovative financing strategies and finding acquisition targets.
Will the seller ask for a deposit to secure the purchase of a pharmacy?
Deposits are sometimes used in pharmacy transactions to provide the seller with assurance that you are serious about the purchase. The deposit amount should be reasonable in relation to the total purchase price and refundable under certain conditions.
It is strongly recommended that buyers have a pharmacy solicitor review the terms of any deposit agreement before signing and making any payment.
Where do I learn more about the current operations of a pharmacy before purchasing?
Your solicitor should provide a due diligence questionnaire, which will ask about the business, employees, property, operations, insurance, and financial matters.
Where can I get more guidance on the pharmacy acquisition process?
• Whether you’re a first-time buyer or a seasoned owner, our webinar offers expert advice on the process of buying a pharmacy.
• Join Nathan Atkinson, Director of Prospect Estates, and the legal experts from Carter Bond Solicitors in this essential webinar.
• This session will simplify the pharmacy acquisition process and highlight key pitfalls to avoid.
How can I maximise acquisitions success?
• We have compiled a free e-book listing 10 areas to focus on to maximise acquisitions success.
• Discover details on: Financials / Marketing Strategy / Legal Issues / Due Diligence / Financing and Deal Structuring
