Pharmacy AcquisitionsReferral Fees There is currently an industry roll up of the pharmacy industry due to several reasons. The aging population in the U.S., new drugs being introduced to the market, and an overall increase in drug prescriptions. At the same time there is a decrease in reimbursements to the pharmacy from insurance companies and government agencies, along with new costs to the store associated with new laws and regulations. This results in sales going up, but net profits coming down. To maintain profitability of the business, many pharmacy owners are trying to capture a bigger piece of their market share through expansion. The easiest way to expand a business is through acquisition. Larger pharmacies have the cash and ability to buy the smaller independents that will be struggling with the decrease in net profits. The Project Corporation has aligned itself with Washburn & Associates to pursue transactions during the current pharmacy industry roll up. Washburn & Associates maintains a large database of qualified buyers and pharmacy equity investors who are looking to buy pharmacy businesses. Jack Washburn is the owner of Washburn & Associates. Jack has more than 32 years of experience in the pharmacy industry. He is well respected for his knowledge of the industry and the ethical way he conducts business. Jack is the industry expert that provides the valuation of the business, and negotiates the transaction. Jack’s reputation is recognized by some of the largest financial institutions in the U.S. These institutions lend $billions for the acquisitions of pharmacies and they depend on Jack’s expertise. If you know someone who owns an independent pharmacy, or a small chain, and they may be considering selling the business, we will pay for the referral. All you need to do is introduce us in a conference call. If the pharmacy owner Lists their business with us, and we complete the transaction, you will be paid a finders fee. We only get paid on the successful completion of a transaction and that is when we pay referral fees. Option to referral fees: If you are a professional consultant, and would like to participate in multiple transactions, there is an option of becoming a trained Representative with our firm. Trained Reps are provided the training and opportunity for closing numerous pharmacy deals. Washburn & Associates is a company with Representatives nationwide. At the present time we have room for two more Reps. If you have an interest in learning more about becoming a trained Pharmacy Acquisition Rep please send an e-mail to BradPharmacy@msn.com You can learn more about the pharmacy project by visiting www.pharmacyvaluations.com
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