Pharmacies Under Offer
PHARMACY UNDER OFFER IN WEST LONDON / MIDDLESEX (REF: 2039)
Turnover: c£640k (Y/E 31/05/2022)
Gross profit: c£205k (Y/E 31/05/2022)
Dispensing average 5,000 items per month
Rent £17,640 p.a. with 5 years rent reviews
Offers invited in excess of £685k
Company sale
Retirement sale
PHARMACY UNDER OFFER IN ESSEX (REF: 3099)
Turnover: c£999k (Y/E 30/06/2023)
Gross profit: c£315k (Y/E 30/06/2023)
Dispensing c9,800 items per month
Vendor managed business
Offers invited in excess of £925k
Asset sale
Retirement sale
PHARMACY UNDER OFFER IN NORTH WEST LONDON (REF: 2241)
Turnover: c£503k (Y/E 31/10/2023)
Gross profit: c£165k (Y/E 31/10/2023)
Dispensing circa 3,400 items per month
Freehold including flat for sale at market value c£500k
Offers invited in excess of £440k for goodwill fixture & fittings plus stock at valuation
Asset sale
Retirement sale
PHARMACY UNDER OFFER IN HERTFORDSHIRE (REF: 3348)
Turnover: c£803k (Y/E 29/02/2024)
Gross profit: c£237k (Y/E 29/02/2024)
Dispensing circa 5,500 items per month
Vendor managed business
Freehold for sale at market value
Offers invited in excess of £650k
Company sale
Retirement sale
PHARMACY UNDER OFFER IN SOUTH LONDON / SURREY (REF: 5002)
Turnover: c£2.030m (Y/E 31/03/2024)
Gross profit: c£591k (Y/E 31/03/2024)
High volume items dispensed per month
High footfall pharmacy
Offers invited in excess of £1.7m
Company sale
PHARMACY UNDER OFFER IN HERTFORDSHIRE (REF: 4365)
Turnover: c£1.18m (Y/E 31/03/2024)
Gross profit: c£332k (Y/E 31/03/2024)
High volume items dispensed per month
Vendor managed pharmacy
New 15 years lease
Rent c£15,000 p.a.
Offers invited in excess of £1m
Company sale
PHARMACY UNDER OFFER IN WEST LONDON / MIDDLESEX (REF: 2039)
Turnover: c£640k (Y/E 31/05/2022)
Gross profit: c£205k (Y/E 31/05/2022)
Dispensing average 5,000 items per month
Rent £17,640 p.a. with 5 years rent reviews
Offers invited in excess of £685k
Company sale
Retirement sale
PHARMACY UNDER OFFER IN ESSEX (REF: 3099)
Turnover: c£999k (Y/E 30/06/2023)
Gross profit: c£315k (Y/E 30/06/2023)
Dispensing c9,800 items per month
Vendor managed business
Offers invited in excess of £925k
Asset sale
Retirement sale
Kind Words From Our Clients
"Thank you to all at Modiplus for achieving offers, and securing a deal, far more than other Agents had quoted. They provided excellent advice & support and communicated brilliantly"
Former online pharmacy owner in South West England
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"I'm extremely glad that I appointed Modiplus as our agent. I would go as far as saying the sale would definitely have fallen through if it wasn't for Umesh's tenacity and resourcefulness. Above all, I felt the whole team really cared about their client. That's something I don't experience very often nowadays."
Former owner of Headington Pharmacy in Oxfordshire
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"I always used to look forward to Modiplus calls on Friday, to update me of progress made after liaising with all parties, to ensure a timely completion. I would just like to thank you all at ModiPlus for all your help, and let you know that I would 100% recommend you to any prospective pharmacy buyers or sellers."
MR B Paddan- B J Chemists Ltd
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"When I felt it was the right time to sell, I contacted several agents, but decided to go with Modiplus. I now think it was absolutely the right decision because they were helpful all along the way pushing the transaction when both sides stall and providing advice when needed to minimise my liabilities."
Mr Ramiz Bahnam, Pharma Supply Ltd
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“I would like to thank Umesh and the team for their guidance and invaluable support in the sale of our pharmacy. Their sister company Silver Levene has looked after our accounting and tax needs for a number of years, so it was natural for us to trust Modiplus to handle the sale of our business."
Mr & Mrs Raval, SVR Chemist, London
“I wish to share my experience of using the services of Modiplus for the sale of my pharmacy. During my dealings with Mr Modi I felt he understood and appreciated the requirements we had. He is a very good negotiator and kept all sides happy making himself available even out of hours. Just cannot recommend him more."
Ms Thakrar, Sussex
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"A 5-star effort in all areas and extremely polite and sincere team. I would recommend them very highly to anyone wishing to use their competent services. Thanks again to each and every one on the experienced team.”
Mr S Ebrahim MRPharm.S., Kubri Chemist, London
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“I am very grateful to have Umesh’s team assisting with the due diligence on accountancy side and Modiplus brokering a deal. They negotiated with both the solicitors and buyers and turned it around very quickly. Very happy with their service and I highly recommend them. A one-stop service which made life so much easier.”
Mr R Suddhi, Derbyshire
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“They constantly kept us in the loop and kept the sale on track. It is a stressful process but with a good team of people to support you, it becomes easier. We would definitely recommend them very highly to anyone wishing to use their competent services.”
Mr M H Shah & Mr P S Shah, Surrey
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“Their approach was very professional, and it was a right decision to appoint Modiplus to sell our pharmacy. We would highly recommend Modiplus and their team if you are looking to sell your pharmacy.”
Mr I S Virdee & Mr R S Virdee, West Midlands
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“Very professional, efficient, prompt on delivery, good communication all good service with a listening ear.”
Mr N Bathia, Hertfordshire
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