The Pharmacy Ownership Podcast | Episode 13 | Insider Transitions: Selling to a PIC
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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