Sell Checklist

Information and general matters that should be checked when selling a pharmacy.

As part of our service VPB will provide a comprehensive list of what needs to be done prior to the business changing hand. There are a number of matters that need to be arranged prior to settlement these include:

  • Financing
  • Lease
  • Due Diligence
  • Medicare Australia (Formerly HIC)
  • Insurance – General
  • Insurance – Indemnity
  • State Pharmacy Authority applications
  • Business Name
  • Employee Requirements
  • Utilities/Services
  • Local Council
  • Suppliers, Agencies & Services
  • Dispensary & Point of Sale Provider
  • Banking
  • Pharmacy Guild of Australia
  • Pharmaceutical Society of Victoria
  • Prescriptions
  • Stocktake

We also provide a similar checklist to the purchaser of the business to ensure a smooth settlement.