Looking to acquire a pharmacy in Nottingham?
Our team at Prospect Estates are here to give you a detailed market overview, talk you through your options and cover any areas of the process of acquiring a pharmacy that might be of concern. Get in touch.
We are pleased to offer a selection of pharmacies for sale in Nottingham, a vibrant and historically rich city with a strong demand for healthcare services. As one of the key cities in the East Midlands, Nottingham presents an attractive market for pharmaceutical businesses, with its diverse population, well-established healthcare infrastructure, and growing economy.
With a steady demand for pharmaceutical services and excellent growth potential, Nottingham is an ideal location for long-term business success.
Prospect Estates are working with a wide range of pharmacies in the Nottingham area that are actively looking to sell, so please get in touch to find out about our latest opportunities.
View our pharmacies for sale in Nottingham
Pharmacy for sale Nottinghamshire - Offers over £150,000.
Turnover: £330,000
Offers over: £150,000
Location(s): Nottinghamshire
Maintainable EBITDA: £42,000
Years established: 20+
Number of staff: 0
Number of items: 3,000
Notes:
- Retirement sale
- Suitable for first time buyers or experienced buyers
- Proven record of steady turnover
- Well established in local community for over two decades
Ideal opportunity if you are pharmacy buyer looking for a Pharmacy for Sale in Nottinghamshire, Pharmacy for Sale in Nottingham, Pharmacy for Sale in Derbyshire, Pharmacy for Sale in Derby, Pharmacy for Sale in Leicester, Pharmacy for Sale in Leicestershire, Pharmacy for Sale in Chesterfield, Pharmacy for Sale in Mansfield, Pharmacy for Sale in Loughborough.
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Pharmacy for Sale Lincolnshire - Turnover circa £1.4 million
Turnover: £1,400,000
Offers over: £1,500,000
Location(s): Lincolnshire
Maintainable EBITDA: £263,479
Years established: 10-15
Number of staff: 10
Number of items: 13,700
Notes: - In excess of 20% maintainable EBITDA.
- Independently owned.
- Looking to sell due to relocation.
- Running with autonomy from the owner.
- Consistent turnover figures over a 5 year period.
Ideal opportunity if you are pharmacy buyer looking for a Pharmacy for Sale in Lincolnshire, Pharmacy for Sale in Lincoln, Pharmacy for Sale in Worksop, Pharmacy for Sale in Doncaster, Pharmacy for Sale in Grimsby, Pharmacy for Sale in Boston, Pharmacy for Sale in Newark-on-Trent.
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Frequently asked questions
What are the key advantages of buying a pharmacy in Nottingham?
• Nottingham has a robust and diverse economy, with strengths in sectors like healthcare, education, retail, and technology. This economic diversity supports the local population and ensures a steady demand for pharmacy services, such as prescriptions, over-the-counter products, and healthcare consultations.
• The city is also home to large employers, including Nottingham University Hospitals NHS Trust and Nottingham Trent University, creating a stable customer base with consistent healthcare needs.
What should I look for in a pharmacy’s Reputation and Customer Base?
• Customer loyalty: Investigate the pharmacy’s relationship with its customers and how loyal they are.
• Online reviews: Check online platforms for customer feedback to get a sense of the pharmacy’s reputation in the local community.
• Brand and marketing: Understand the pharmacy’s brand presence, marketing efforts, and how well it engages with the local population.
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 growth potential should I look for when acquiring a pharmacy?
• Expansion opportunities: Look for potential to expand services or diversify offerings, such as adding additional healthcare services (e.g., flu shots, private consultations).
• Market trends: Understand local healthcare trends, including potential growth in specific areas (e.g., aging population, demand for health supplements).
• NHS changes: Stay informed on any upcoming changes in NHS policies or funding that could impact the pharmacy’s revenue.
What key aspects of the Financial Health of the business should I consider when acquiring a pharmacy?
• Profitability: Review the pharmacy’s financial statements, including income, expenses, and profit margins.
• Revenue streams: Understand the income sources, such as NHS prescriptions, private sales, and over-the-counter products.
• Cash flow: Assess the pharmacy’s ability to generate consistent cash flow to cover expenses and reinvest in the business.
• Debts and liabilities: Check for any outstanding debts, loans, or financial obligations that could affect the business.
• At Prospect Estates, we have put together a carefully selected panel of finance brokers and lenders who can help you with your acquisition finance requirements. Find out more here.
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.
