Buying or selling a Pharmacy? Contact us

Selling your pharmacy to your PIC can seem like the perfect transition. But when you dig deeper, the structure, financing, and long-term implications can be far more complex than most owners expect.

In this episode of The Pharmacy Ownership Podcast, Austin Murray sits down with Ollin Sykes, CPA, CMA, CITP to break down what it really looks like to sell your pharmacy to a PIC and how these internal transitions compare to outside buyers.

They cover:

• Why selling to a PIC can create more value for both the owner and the community
• The key differences between stock sales and asset sales in internal transactions
• How seller financing and SBA loans impact deal structure
• The importance of working capital and how it can make or break the transition

And more!

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Ollin Sykes, CPA, CITP, CMA LinkedIn

More resources about this topic:

Podcast - Cash Vs. Accrual Accounting For Pharmacies

Podcast - Independent Pharmacy Accounting Fundamentals

Podcast - Avoiding Expensive Mistakes

Buying or selling a Pharmacy? Contact us

Buying a pharmacy through a common stock purchase can look deceptively simple but beneath the surface, the risks, liabilities, and due diligence requirements are anything but.

In this episode of The Pharmacy Ownership Podcast, Austin Murray sits down with Ollin Sykes, CPA, CMA, CITP to break down the real mechanics of a common stock purchase and what pharmacy owners should expect when considering this type of transaction.

They cover:

• The critical role of multi-year due diligence and financial normalization
• What you’re actually acquiring in a common stock purchase
• Hidden liabilities buyers often inherit
• And more!

Check out all our social media:

Facebook

Twitter

LinkedIn

Instagram

Ollin Sykes, CPA, CITP, CMA LinkedIn

More resources about this topic:

Podcast - Cash Vs. Accrual Accounting For Pharmacies

Podcast - Independent Pharmacy Accounting Fundamentals

Podcast - Avoiding Expensive Mistakes

Buying or selling a Pharmacy? Schedule an Appointment with our transition specialist

In this episode, Ollin B. Sykes, CPA, CMA, CITP and Austin Murray break down the key differences between cash and accrual accounting for independent pharmacies. They explain how accrual-based financials provide a clearer picture of pharmacy performance, from third-party receivables and inventory adjustments to balance sheet impacts on profitability.

Check out all of our social media:

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Twitter (X)

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YouTube

Ollin Sykes – CPA, CITP, CMA LinkedIn

More resources about this topic:

Podcast - Independent Pharmacy Accounting Fundamentals

Podcast - Avoiding Expensive Mistakes