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: Break down the volume by brand vs. generic , retail vs. specialty/compounding , and the concentration of your prescribing doctor network .

: Identify key employees who are vital to operations and check for any outstanding employee liabilities or special accommodations.

Buying an independent pharmacy is a complex process that blends high-stakes financial investment with strict regulatory compliance. This checklist breaks down the critical stages—from initial evaluation to closing the deal—to help you navigate the transition successfully. 1. Pre-Purchase & Assembly

: Evaluate the pharmacy’s relationships with Pharmacy Benefit Managers (PBMs). Understand the risk of future audits or potential clawbacks.

: If you aren't buying the real estate, check if the lease is assignable and look for "danger clauses" like the landlord’s right to relocate or demolish the building.