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#4 From Urban to Rural: Exploring the Pharmacy Market Landscape
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Join host Max Beairsto on the EVCOR Advisor Podcast as he explores the latest trends and dynamics in the pharmacy sector. Discover why buying a pharmacy could still be a lucrative investment despite decreasing gross margin percentages. Understand the impact of rising interest rates on pharmacy valuations, and learn about innovative financing strategies like vendor financing, equity rollovers, and minority partnerships. Max also shares insights on the importance of proper guidance, the decline in formal business education, and the high demand for pharmacies, particularly in rural areas. Don’t miss this episode packed with invaluable tips for navigating the ever-evolving pharmacy market.
00:00 Introduction to the EVCOR Advisor Podcast
00:06 Current Trends in the Pharmacy Sector
00:33 Gross Margin Dynamics in Independent Pharmacies
01:11 Impact of Pharmacist Wages and Availability
02:13 Interest Rates and Market Dynamics
03:49 Alternative Financing Methods in Pharmacy Acquisitions
06:30 The Importance of Business Education for Pharmacy Buyers
07:41 Opportunities in Rural Pharmacy Markets
08:22 Conclusion and Upcoming Episodes
Connect with Max Beairsto:
Web Site: Evcor.com
LinkedIn: @EVCOR & @MaxBeairsto
Purchase Your Copy of Buy It Smart: https://a.co/d/iNcXH1Q
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