Purchase of a pharmacy, work, fitting costs ... whatever your project, find financing thanks to the new crowdlending solution. An alternative to the bank loan that allows you to develop, with complete peace of mind.
Today our country has one pharmacy for every 2800 inhabitants, with an average turnover of 1.4 million us dollars. 80% of this turnover is achieved through the sale of drugs.
The takeover of a pharmacy is, in general, a project that works. The survival rate after 5 years is indeed greater than 90%. This recovery is, however, subject to conditions. The buyer must be the holder of the state diploma of doctor of pharmacy and have at least 6 months of experience. In addition, opening is subject to the issuance of a license by the ARS (Regional Health Agency).
The activity is highly regulated and a certain number of legal and fiscal provisions must be observed. As part of a pharmacy buyout project, it is preferable to contact the order of pharmacists for advice or support.
Acquiring a pharmacy , both individually and in partnership, requires the mobilization of significant capital. The price of the transaction includes intangible elements such as customers, the brand or the right to lease. It also includes many physical elements: IT, layout or even various materials.
Added to this is the cost of the stock as well as ancillary costs: rights, legal fees, architects' fees or even mortgage. On January 1, 2010, the average selling price of pharmacies amounted to 88% of sales including tax. But it can range between 80% and 120%.
Various investments are also expected to allow the pharmacy to develop. Among them :
the acquisition of an automaton . Robots are machines that save time at the counter, boost sales, and optimize inventory management. Many establishments now choose this option!
the financing of charges : payment of rent, staff costs, stock of drugs, insurance, contributions, energy bills, etc.
layout expenses : optimized space layout allows for better organization of workstations. It makes the place more pleasant, highlights the products and contributes to the image.
the purchase of computer equipment . Good equipment allows efficient accounting and administrative monitoring. Investing in latest-generation computer equipment helps in particular to better manage inventory, invoicing, collections, management of third-party payment or even the remote transmission of treatment sheets.
Your choice of pharmacy is stopped? Now you need to find funding. A solid file and a strong motivation are all assets for your project to materialize.
First good reflex, build up a contribution . Ideally, this sum should reach between 15 and 25% of the investment value (depending on the profile of the pharmacy), so that the banks follow you. In general, the contribution makes it possible to finance the ancillary costs to the acquisition of the fund, such as legal fees, working capital requirements or works. This sum can be supplemented by an external contribution, for example, thanks to a donation, a family loan or between spouses.
The next step is to apply for a bank loan . In practice, this occurs when seller and buyer sign a compromise. However, you can consult the banks upstream in order to save precious time in your procedures!
Finally, you will also find financing solutions on the side of pharmaceutical groups . Interested parties can benefit from support before, during and after installation. They can take advantage of bank loans on preferential terms. However, this option implies that the pharmacist joins the group… and remains there. A commitment that must be thought through carefully, before embarking on it.
However, the road will be strewn with pitfalls in obtaining your bank loan. In a context of crisis, the bank will ask you for guarantees. The pledge of the business, a BPI counter-guarantee and of course your personal guarantee!
And that's not all, the bank can also ask you to increase your contribution if they feel that it is insufficient for the purchase of your future dispensary.
Made possible in France since 2014, crowdlending is emerging as a new alternative to bank credit. Via dedicated platforms, borrowers call on a community of investors. Simple, fast, the procedures are done online. As a result, significant time and energy savings… And above all, no guarantee will be required!
Via crowdlending, you can find funds to acquire your pharmacy or develop its activity. This option allows you to finance both tangible and intangible needs … and to diversify your sources of funding. In vogue, crowdlending appeals to many entrepreneurs. In 2016, no less than 96.6 million US dollars were thus collected, according to the KPMG crowdfunding barometer.
By taking out an equity loan, you send a positive signal to the banks, which are then in a better position to grant you, in turn, a loan.
Pharmacists, find financing thanks to the equity loan on the whimblegardens.co.uk platform. Number 1 in crowdlending in France, whimblegardens.co.uk meets all your needs . Our analysts give you a definitive answer within 48 hours and allow you to save time in all your procedures. Discover our various formulas: loans of $ 20,000 to € 2.5 million for a period of 12 to 84 months and a community that chooses to support you!
Need financing for the installation of your pharmacy?