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
• Pharmacy Board
• 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.