2023 financial year has got some head winds that may impact pharmacy trading performance going forward. Keep in mind here that 2022 bought many pharmacies additional revenue streams for Covid Vaccinations and RAT sales. Potentially many of those customers were new to your store and bought other things when they were there. Without as stronger need for RAT’s and Covid Vaccinations are customer numbers likely to drop off? This issue has been raised with me a few times with owners.
Top Five Issues Pharmacy Valuers Face
Over the last few months the volume of valuations we have been doing has been very high. The common question we receive is why? Well for all sorts of reasons. Mainly for bank compliance reasons. However there are still partnership equity changes going on all the time as well as buys and sells.
This week I thought I would let you know the top five issues a valuer must face.