Community pharmacy work is what we do every day within our accounting and tax division company. We have extensive knowledge and experience of what’s going on in the pharmacy world and can advise on how to package the deal, minimise your tax and get the pharmacy sold at the highest price. After all this is what matters to you.
How can you help our members?
Whether you are looking to sell or buy a pharmacy we can help. We will market your pharmacy in confidence and to the buyers who are carefully vetted.
- We offer a No Sale No fee Service
- We offer accountancy and tax advice on the sale of your pharmacy (our unique selling proposition)
- We can meet or call you in the evening, weekends or via Zoom or Teams at a time that suits you
- We provide a personal and bespoke service
- We speak a number of languages including Cantonese, English, German, Gujarati, Hindi and Russian
- We can recommend pharmacy specialist solicitors
- We have a huge list of buyers with pre-approved funding including cash buyers
- We can recommend a financial adviser to invest the proceeds of the sale
What support is provided?
Put it simply – we get the job done. We will sell your pharmacy at the best/highest price possible. The list of sample pharmacies sold on our website is a further evidence of the trust put in us by the sellers. We don’t take this lightly and we are truly humbled by the faith shown in us. It makes us want to work harder to sell your pharmacy at the best/highest price possible.
What can you offer our members as added value?
Working alongside Silver Levene – Pharmacy Specialist Accountants we can advise on tax implications, if required.
Are there any helpful resources for our members to use or download?
You may be aware that Umesh Modi (Partner, Pharmacy Department) and Vinku Shah (Manager, Pharmacy Department) write pharmacy-specific finance related articles and blogs regularly, here are some samples recently published:
We operate a NO SALE NO FEE service for pharmacy sales.
|“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 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, Kalpesh 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 of Umesh Modi, Sanja and Sadhana 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
|“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
|“When I felt it was the right time to sell, I contacted several agents, but decided to go with Modiplus who work closely with my accountants because there is less legwork for me preparing paperwork for the agents. However, having completed the sale, I now think it was absolutely the right decision because they were also 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
Or visit our website to view more testimonials.