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Greenfield Pharmacies

Fri, 22 August 2008 AEST

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Should I set-up a new pharmacy? Is it cheaper?

On face value it would appear cheaper. However, you need to factor in the years it would take to get the business to a profitable level and any investment (or losses accumulated) until it becomes profitable.

An existing business has a known sales level and is more likely to be profitable. Day 1, you make money.

Setting up a new business can take 3 to 4 years before it reaches break-even.

Is it worth paying a premium for security of income?

Do you have a question about Buying or Selling A Business? Visit Ask An Expert, and find the answers to your questions on our knowledge base. If you can't find what you're looking for, submit a question for free and one of our consultants will provide some information for you!.

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