Buy or Build?

First Steps

Buy or Build

Develop Business Plan

Select Business Advisors

Select a Location

Can you really make an existing pharmacy your own?

Choosing to open a new pharmacy or purchase an existing pharmacy is a decision that can be based on a range of criteria, including:

• Physical availability
• Financial options
• Personal interests and goals
• Competition

Regardless of your situation, talking to others — particularly those who have gone through the process — is extremely helpful. Search out other pharmacists in your county or state who have opened or purchased a pharmacy in the past several years to learn from their experiences and help answer questions you have.

To locate these colleagues, ask our Ownership Consultant and contact your state pharmacy association or local pharmacy school for references.

You may also want to consider taking a course on pharmacy ownership, such as the NCPA Ownership Workshop, to learn from experts and talk to other pharmacists who are considering independent pharmacy ownership. Visit the NCPA Ownership Academy to learn more.