Are you looking to buy a pharmacy in North Yorkshire?
Whether you are a first-time buyer looking for pharmacies for sale in the North Yorkshire 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.
Discover a range of pharmacies for sale in North Yorkshire. The region’s mix of rural towns and bustling market cities provides opportunities for both community-focused pharmacies and high-traffic locations. With relatively affordable property costs compared to larger urban areas and a strong local economy, North Yorkshire offers a supportive environment for business growth.
Prospect Estates provides an end-to-end service for businesses and individuals looking to purchase pharmacies in and around the North Yorkshire 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 North Yorkshire
Pharmacy for sale North Yorkshire - Turnover circa £2,000,000
Turnover: £2,000,000
Offers over: £1,500,000
Location(s): North Yorkshire
Maintainable EBITDA: £205,000
Years established: 15-20
Number of staff: 8
Number of items: 13,000
Notes:
- Standard hours contract
- Neighbouring large medical centre
- Town centre location
- Opportunity to expand services
- Retirement driven sale
- 27.5% gross profit margin - 10.4% EBITDA
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Distance Selling Pharmacy for Sale - North East - Turnover c£1.4million
Turnover: £1,400,000
Offers over: £450,000
Location(s): North Yorkshire
Maintainable EBITDA: £40,000
Years established: 10-15
Number of staff: 10
Number of items: 8,000
Notes: - Significant opportunity to improve efficiency and subsiquent profitability.
- Owner managed at present.
- Distributing across the North East, Co Durham and Cleveland.
- Large industrial premises offering space for expansion.
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Frequently asked questions
What are the key advantages of buying a pharmacy in North Yorkshire?
• Diverse Locations: North Yorkshire offers a mix of rural, market towns, and larger cities, providing opportunities for both community-focused and high-traffic pharmacy locations.
• Affordable Property Costs: Compared to larger cities, property and operational costs in North Yorkshire are more affordable, making it an attractive option for pharmacy owners.
• Tourist Market: With its scenic countryside and popular tourist destinations, there is additional demand for pharmacy services from visitors.
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.
What key aspects of the location of the business should I consider when acquiring a pharmacy?
• Foot traffic: Consider the pharmacy’s visibility and accessibility to local customers.
• Demographics: Analyse the local population and their healthcare needs. Are there sufficient potential customers in the area?
• Competition: Evaluate the number of nearby pharmacies or healthcare providers and how the pharmacy stands out in the market.
What Regulatory Compliance do you need to consider when buying a pharmacy business?
• Licenses and certifications: Ensure that the pharmacy is registered with the General Pharmaceutical Council (GPhC) and meets all relevant regulatory standards.
• NHS contracts: Verify the pharmacy’s NHS contracts, if applicable, and assess their value and terms.
• Care Quality Commission (CQC) approval: Confirm that the pharmacy has all necessary accreditations and meets CQC standards for patient safety and care.
• Whether you’re a first-time buyer or a seasoned owner, we can help guide you through the process of buying a business.
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.
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.
