Choose the right plan for
your pharmacy business

Whether you’re an Owner, Stakeholder or Buyer, My Pharmacy Appraisal's platform can help you better understand your business and the marketplace
SINGLE USE - OWNER
$595.00 / year ex GST
Most Popular
Appraise 1 pharmacy
Get buyer ready
Review listed Executive Summaries

Optional Extras

Test the market - For sale or seeking Junior Partners
Upgrade to become an anonymous vendor for 30 days for only $165 (ex GST).

Like the results of your appraisal?
Test the market anonymously by posting the Executive Summary on MPA for 30 days. MPA will provide a list of potential registered Buyers after that period.

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MULTI USE - OWNER
$2,475.00 / year ex GST
Value Pack
Appraise up to 5 pharmacies
Get buyer ready
Review listed Executive Summaries

Optional Extras

Test the market - For sale or seeking Junior Partners
Upgrade to become an anonymous vendor for 30 days for only $165 (ex GST) for a single pharmacy or - in multiples thereof for more at $165 (in GST) per pharmacy.

Like the results of your appraisal?
Test the market anonymously by posting the Executive Summary on MPA for 30 days. MPA will provide a list of potential registered Buyers after that period.

Have more than 5 pharmacies in your Group? Appraise / value a further 5 pharmacies for $2,475 (ex GST) and in multiples thereof per 5 pharmacies.

Sign Up
BUYERS & JUNIOR PARTNERS
$0.00 / year ex GST
Easy Access to Geotech Upgrades
View all anonymous listings
Review listed Executive Summaries
Register your interest in listings

Optional Extras

Upgrade to Geotech Services for additional features:

  • Visualisation Mapping Service
    • Business Plan
    • SWOT Analysis & Action Plan Checklist
  • Site Potential (or Target Pharmacy) Reports

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Looking for greater flexibility? Get in touch with Tod for Corporate and/or Broker subscription options.

Our commitment to your security and data

Password Security

All passwords we stored are hashed and salted using the latest encryption. No passwords are kept in plain text.

Safe data storage

Local and offsite back-ups are performed regularly to ensure your data is safe.

Secure Payments

Your credit card numbers are not stored in our website.

Secure & Scalable

My Pharmacy Appraisal is a secure, dependable and scalable solution designed for pharmacies of all sizes.

Save Time

Our system takes care of automating the appraisal process, saving you valuable time and money.

Downloads

We provide you with a printable roster, final report and executive summary for your pharmacy in PDF format.

MPA is a great tool to really have a look ‘under the hood’ of your pharmacy.
In private, cost effectively and at your own pace.

Tod O’Connor - CEO, My Pharmacy Appraisal

Frequently Asked Questions

How secure is my data?

All passwords we store are "hashed" and "salted" using the latest encryption. Accordingly, no passwords are kept in plain text; and we do not store credit card numbers. Additionally, local and offsite back-ups are performed regularly to ensure your data is safe. We also have the "Anonymous" mode available for when you post the Executive Summary to the Listings page and, if desired, for when you do download a pdf.

What are the key services MPA will be offers to the market?

  • A cost effective, secure, interactive, online pharmacy appraisal/valuation platform;
  • An opportunity to list, anonymously, pharmacies for sale to garner interest in the potential sale of the pharmacy;
  • An opportunity to review prospective pharmacies for sale;
  • An opportunity to refer Owners/pharmacies to "Valued Partners” for assistance in key performance areas; and
  • A platform to review the value of a pharmacy as a banker/lender to that pharmacy.

What was the gap in the market you saw that led to the creation of MPA?

  • Initially, an opportunity for Industry Brokers to better articulate what a pharmacy really looked like from a data, drivers and risks perspective;
  • Having reviewed countless numbers of IMs as a Buyer of pharmacies during my time working with API/Priceline and Ramsay Health/Ramsay Pharmacy, I saw an opportunity to bring my vision for an IM to the market that detailed appropriate levels of information and analysis. This was a trademark of my own corporate and business banking career detailing complex businesses and business cases to Credit Committees of the banks; and
  • As an Owner of businesses (with a significant financial background), I also saw a lack of financial understanding by Owners of their own investments.

What is the ethos of MPA?

To create a platform that embraced all of the following hallmarks:
  • Secure;
  • Cost effective and Value orientated;
  • User friendly;
  • Transparent and Genuine;
  • Detailed;
  • But we cannot stress - very importantly, security, integrity, and fiduciary responsibility;
  • Additionally, advocacy. The platform will identify problems within a pharmacy and so there will be an opportunity, always with the Owner in control, to refer the Owner/Pharmacy to "Valued Partners” for assistance with issues ranging from pharmacy finance, broker services, accounting advice, lease negotiations, digital marketing expertise and HR and Roster or culture support etc; and
  • Essentially, having been a long term business owner, MPA is such an outstanding exercise to undertake on an annual basis (consider it an Owner’s Annual Performance & Investment Review) I wish there was something like this available when I owned my own businesses!

What is the goal of MPA? How will the business benefit the industry, stakeholders, and the business community?

  • There truly is no better way to roadmap the value, strengths, and weaknesses of a pharmacy than to step outside of the physical environment, sit down and complete an MPA assessment/review of your pharmacy’s data;
  • MPA will act as an inexpensive, online, user friendly portal to better understand your pharmacy, particularly its value;
  • It can also highlight areas of strengths and pinpoint areas of weakness in a pharmacy so that an Owner(s) can focus on those core strengths whilst addressing weaknesses;
  • If an Owner was to welcome the outcome once completing the MPA process, they will be able to anonymously post the results on the Listings Page on the MPA platform/site to determine genuine levels of interest from registered prospective Buyers (with a small marker attached, eg., NSW medical centre pharmacy, Qld suburban strip pharmacy, Victorian shopping centre pharmacy etc). This process will create a “deeper Buying Market” and thus the opportunity to create better value for their pharmacy in a sale transaction;
  • But not only Owners can benefit. Bankers looking to undertake periodic “desktop valuations” of their existing pharmacy clients could use the platform between periodic/mandatory Professional Valuations undertaken by qualified (and professionally indemnified) Panel Valuers. Additionally, Pharmacy Groups looking to better understand the key drivers, dynamics and KPIs of their franchise base can seek “Anonymous” results for more accurate and more detailed data sets; and finally, Buyers can look to process data contained in Information Memorandums (IMs) received from other Industry Brokers can undertake, via the platform, an independent assessment of those datasets received on any prospective acquisition.
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Tailored Corporate Solutions

Looking for greater flexibility? Then contact Tod at MPA for more information on our tailored corporate solutions for businesses and brokers. Our bespoke platform allows us to build a package to suit your pharmacy industry needs.

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