Board

2012

Business Outlook

Case Studies

Bright future Notwithstanding this, the place of pharmacies and pharmacists at the heart of communities is largely assured. Many operators have already embraced the fact that they will have to continue to adapt and evolve their businesses. With the implementation of new services and income streams these should see the sector not only survive the worst of the economic recession and legislative changes, but go on to flourish in the future; something that pharmacists have demonstrated regularly in the past. The sector, safe in the knowledge that there remains a strong interest and funding desire, is in excellent shape for the years ahead.

Apple Pharmacy, Musselburgh

In selling the Apple Pharmacy in Musselburgh, Christie + Co assisted the ongoing expansion of the pharmacy’s new owners Gordons Chemist. The acquisition of this very popular community pharmacy takes Gordons’ presence in Scotland to nine, to add to 52 units it has in Northern Ireland.

Chemifarm

500

In bustling Stratford, in the heart of pre-Olympic East London, Christie + Co sold the leasehold on this pharmacy on behalf of trustees in bankruptcy, Re10. Its position made for a competitive marketing process and the business was finally sold for well over the asking price of £125,000.

Pharmacy businesses valued by Christie + Co in 2011

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