Author: Will Brown

At AP Group we believe it is best practice to have listings supported by a Valuation Report, or ‘Indicative Valuation’ Report, from an accredited pharmacy valuer.   Occasionally, due to the thorough process of having a Valuation completed, people will query the rationale behind this approach. Basically, there are two key reasons for this. Firstly, the Valuation will always influence the sale price at some point in the transaction. Secondly, “broker’s numbers” are often not as accurate as an independent valuation and are therefore not as trusted by the market. In the vast majority of cases, the purchaser will require finance…

Jules Fletcher was battling extremely difficult circumstances when she contacted me in early 2022. Her husband, Mark, had passed away suddenly from a stroke in 2021. Mark was the registered pharmacist and owner of Strahan Pharmacy, the business they established and developed together over 11 years. Although Jules is an experienced pharmacy assistant, she is not a pharmacist herself, and pharmacy ownership laws dictated that she had to sell the business within a year, or it would be shut down. In the interim, while she was grieving, she had to operate the pharmacy without Mark and maintain the vital care…