Testimonials

It was a pleasure to work with Modiplus team on sale of my pharmacy. Their approach was professional, kept us informed throughout the process and they were always available to answer our queries. At one stage the deal almost collapsed but Modiplus team used their expertise to turn it around. Thank you to Modiplus and the team for all their advice and support. I have no hesitation in recommending them to anyone who is looking to sell their pharmacy.

Mr K & Mrs S Patel, St Clare’s Chemist, South London

I would like to thank Umesh and the team for their guidance and invaluable support in the sale of our pharmacy. Modiplus has looked after our accounting and tax needs for a number of years, so it was natural for us to trust them to handle the sale of our business. They provided us with valuable insight and advice throughout the process, particularly in dealing with a mountainous due diligence process. Share sales can be complicated at the best of times and utterly impossible at others, so their specialist industry knowledge proved vital, particularly in securing a fair price for our business. I unreservedly recommend Modiplus for their professionalism, transparency and unrelenting dedication to their clients.

Mr and Mrs Raval, SVR Chemist

I appointed Modiplus to help sell one of my branches in North London. They guided me through the process so well, were very transparent and highly professional. I had a number of viewings and got an excellent price. They kept me in the loop, chased the buyer, both sets and solicitors 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 recently completed the sale and really want to thank the Modiplus team. I highly recommend them.

Mr V Mistry, Atkins Pharmacy

Modiplus took the strains of selling my pharmacy when the first interested party ready to put a deposit, withdrew. They came up with three buyers the very next day and we had a buyer in less than 24 hours. The team at Modiplus were always in contact to ensure progress was being monitored and intervening to speed it up if necessary.
Selling a pharmacy is stressful but Modiplus helps to go through the process.

Mr Patel, Paterson Heath Pharmacy

I would like to thank Modiplus for their support and guidance during recent sale of our pharmacy. Following our meeting with Modiplus, we were impressed with their knowledge of selling community pharmacies and appointed them without hesitation. With their extensive marketing, we received 7 offers and one of the offers was 11% above the asking price. The whole selling process is stressful, however with the help and guidance of Umesh and his team we got there in end. What also helped was their accounting and tax expertise and guiding us through the due diligence. We found Umesh and the team very amicable and helpful. We would happily recommend Modiplus to anyone who is looking to sell their pharmacy.

Mr D & Mrs K Amlani, Woods Chemist

When I decided to sell my pharmacy there was choice of a few companies. One or two were not interested but Modiplus were enthusiastic and professional. Within a few days of Modiplus coming to the pharmacy and discussing the best way forward buyers were looking at the pharmacy after work and making offers. Having accepted an offer, they liaised with the buyer, ourselves and the solicitors. They were always there if anything needed explaining right up to exchange. I can definitely state that they were an integral part of the whole process and I cannot recommend them more highly for the professional way the sale was conducted.

Mr Meir Kattan, Former director, Kalmak (Chemists) Ltd

I would like to thank Modiplus for their excellent service in selling my pharmacy. Modiplus team are professional and very helpful, any issues we faced was dealt efficiently, and I was informed of the progress through out. Not only did they help me to sell my pharmacy, but they were also my accountants for many years, so they knew my business inside out which helped with the smooth due diligence and completion. I would highly recommend Umesh and his team to anyone who is looking to sell their pharmacy.

Mr Kalpesh Patel, Director of Kalpesh Ltd until January 2018

We are a 9-doctor surgery with a dispensing contract. We also owned a retail pharmacy which operated from within the surgery premises. As we discovered, this unusual arrangement required the considerable expertise of our accountant Silver Levene, not only with preparing accounts but providing valuable advice on how best to manage dispensing successfully. One of the directors in our retail business a practicing pharmacist, put us in touch with Umesh Modi, at Silver Levene, some 4 years ago to take over our accounting affairs. We were very pleased with the services provided. Their knowledge of the pharmacy business proved valuable in guiding us through some difficult times in the last few years. Once we decided to sell the pharmacy, the obvious choice was to appoint Umesh Modi and his team at Modiplus. They marketed the pharmacy extensively with a view to getting the best price possible. As this was a large business they knew who to approach and who to target as potential buyers of the business. Despite the funding cuts and uncertainty in the market place, we received an excellent offer and sold the pharmacy at the end of July 2017. Umesh and his team kept everyone well informed during the transaction and did everything possible to keep the sale on track. There were numerous complications that could have jeopardised the sale, but timely input from Umesh and his team helped negotiate a satisfactory outcome.
I would happily give my recommendation to Umesh and his team at Modiplus.

Dr Vijay Patel, Former Director, Dexapharm Ltd

I would like to say thank you to Modiplus team for their hard work in helping me buy my first pharmacy. I have dealt with many pharmacy sales agents and I can surely say, that none other come close to how excellent their service is. My huge thank you goes to Sadhna, who was always available to talk and kept me well informed. Their knowledge and experience in this area is second to none. The whole buying process is very stressful, however, with the help and guidance from Modiplus team, it was all sorted smoothly. I highly recommend Modiplus and look forward to working with them again in my future transactions.

Mr Abbas Ali, Hounslow

I worked very closely with Umesh and his team at Modiplus on the purchase of my pharmacy and would like to thank the team for all their help throughout the process. They were the selling agents and they made sure there was continuous communication between both parties which made me feel at ease knowing that they were just a phone call away. I highly recommend them to anyone looking to buy a pharmacy and if they are also acting as selling agents, even better.

Danny Osbon, Eastbourne

The service provided was bespoke and very professional. The team helped to maximize sale on assets and provided sound advice throughout the transaction. I would recommend them anytime.

F. Idowu, United Pharmacy, Kent

I am glad I approached Umesh Modi at Modiplus and his team to sell my pharmacy. I had a big modern double fronted pharmacy, having tried to sell it through various well known agents even before the cuts but I had no joy, just wasted time. I contacted Umesh Modi rather cautiously in view of my previous experience. I know I made the right decision, I felt I was understood and my instructions were followed through. Modiplus team maintained discretion of the sale and their selective advertising managed to sell the pharmacy to the right person at the right price. Thank you to Mr Umesh Modi and his team. I highly recommend Modiplus team to all my professional colleagues and friends, and you were good at keeping all sides happy.

Ms Thakrar, Sussex

We were recommended to go and see Umesh. We were buying a company with a pharmacy goodwill but didn’t understand the full concept. After having a meeting with Umesh and his colleague, we were comforted. They know what is involved. We appointed them immediately. The due diligence process and a lengthy share purchase agreement is daunting, but having the right team to present us was a god-send. Thank you to Modiplus.

Mr & Mrs Lam, Lam Pharmacy & Health Ltd

The team at Modiplus know the Pharmacy business inside out. Their due diligence questions and attention to details on purchase agreement, gave us a lot of confidence. It was a peace of mind for us and they continue to provide us with ongoing accounting and tax service since our purchase in 2015. Highly recommended.

Mr C & Mrs Wu, Taw Hill Healthcare Ltd

I am glad I moved to Modiplus to help me with the purchase of our first and subsequent pharmacies. They have saved us a large amount of tax and interest on the loan by negotiating a good deal because of their experience.

Ade and Jess Williams, M J Williams Ltd, Bristol

I am impressed with Modiplus and the team. They helped me with the purchase of some of my pharmacies over the years. Their negotiation and due diligence skill in pharmacy is second- to- none. Due to their considerable experience, they have saved me thousands of pounds through negotiations and reduced tax. Their fees were more than covered by the savings. They act with integrity, are transparent and very efficient with their responses and do things on a timely basis. I highly recommend this firm.

V. Mistry, Esoms Pharmacy, Hertfordshire

Umesh and his team have been looking after my accounting needs for over 8 years and have always been fantastic, so when the time was right for me to sell my business, I turned to them first for advice. Selling any business is never as straightforward as it seems, even less so with a pharmacy. Umesh and his team were invaluable at brokering the deal and their speed at dealing with enquiries from the solicitors on both sides was fantastic. Share sales can get quite complicated, and although I had a great solicitor, it was so reassuring to have the input of people that deal with the intricacies of pharmacy business on a daily basis. The direction and advice given to both myself and legal team was truly brilliant and made the whole process much quicker…. There was, of course, a delay in completing – of one day, which amazed the stock- takers who are used to delays of weeks to months! There is no doubt in my mind that the whole process would’ve been much slower and painful without the team at Modiplus – Thank you!

Mr Fergus Inglis, Sharps Healthcare Ltd, Sussex

Thank you for all your help on the sale of my pharmacy and for all the work you did. You got me a price beyond my expectations. I had so many people coming to view my pharmacy that in the end, the price was mouth-watering. Thank you Umesh.

Mr John Foreman, Greenlight Pharmacy, London

Modiplus helped me to sell my pharmacy and maximise my tax savings. The whole selling process involves many parties and it can be very stressful. If you have a pharmacy to sell, I truly recommend Modiplus for their professional and proactive advice.

Mr Amrik Singh Wilkhu, Essex

Selling a pharmacy is a challenging process. Modiplus sailed through it and with their experience the whole process was stress free. The final price was even better.

Mr Aziz Ahmed, Essex

I have worked with Umesh for many years both for mutual clients and also where Umesh has been involved on the other side of the table on sales/purchases. I have always found Umesh and his team to be proactive and helpful both in terms of giving clients commercial and balanced advice and also in helping to get transactions over the finishing line. They have a thorough understanding of pharmacy business and are rightfully recognised as leaders in their field.

Tim Jenkins – Partner and head of Pharmacy Transactions at Charles Russell Speechlys LLP

Ansons has worked with Umesh and his team on numerous transactions over the years. The team are true sector specialists and we have found their advice to be on point but always with an eye on the commercial deal. We would have no hesitation in recommending Umesh and his team.

Neil Jones – Partner, Ansons Solicitors