Practice4Sale Blog (Page 46)

Medici Capital recently published an article on their website that discusses a number of issues regarding the generational change of pharmacy ownership. Industry evidence suggests that the average owner of a pharmacy is between 50 and 60 years of age with a significant portion skewed towards the more mature generations. Given this, many pharmacies will change hands in the coming years resulting in a generational transisition of pharmacy ownership. As an owner or prospective owner, what have you done to prepare yourself for this change?

Practice4sale is a one stop shop for the Pharmacy community. The site lists Pharmacies and Approval Numbers for sale, partnership opportunities, as well as full compliment of Pharmacy jobs.

As a young pharmacist, you graduate, gain experience in various pharmacies and eventually manage a pharmacy. For the majority, getting to this rung on the pharmacy ladder is inevitable; however the next step up is always the hardest to take. In a market characterised by high values and perhaps a sellers market, coupled with increasing risks; achieving ownership is a concern for many young pharmacists.

Employment opportunities appear on both Practice4sale.com.au and Jobs4careers.com.au - in fact both sites list exactly the same Business For Sale and Employment listings.