** Pharmacy Project **There is currently an industry roll up of the pharmacy industry due to the aging population, new drugs being introduced to the market, and an overall increase in drug prescriptions. At the same time there is a decrease in reimbursements to the pharmacy from insurance companies and government agencies, along with new costs to the store associated with new laws and regulations. Due to sales going up, but net profits coming down there are many pharmacy owners trying to capture a bigger piece of their market share through expansion. The easiest way to expand a business is through acquisition. Larger pharmacies have the cash and ability to buy the smaller independents that will be struggling with the decrease in net profits. We expect the pharmacy industry roll up to last a couple more years. These will very profitable years for the right Rep.
Washburn & Associates is a national company, and the industry leader, in providing acquisition and consultation services to sellers and financiers in the pharmacy industry. Yearly pharmacy valuations and audits completed by Washburn & Associates exceed $1 billion. As President of Washburn & Associates, Jack Washburn oversees all valuations and transactions. Mr. Washburn has more than 33 years of successful experience in the pharmacy industry and is known as an expert in both the legal and corporate aspects of transferring the ownership of pharmacies. Jack Washburn's excellent reputation, integrity, ability, and experience along with the company's national data, are reasons the largest U.S. Banks and buyers and sellers of pharmacies use the services of Washburn & Associates. Washburn & Associates has hundreds of pre-qualified buyers for pharmacies. We are looking for Representatives (Reps) that have the professionalism to pursue transactions with the owners of independent pharmacies. Most pharmacy owners are in the mid 50's, or older. They work 60 plus hours per week, take few vacations. Customers count on them just as they would a primary care giver. Pharmacy owners have typically made very good personal income and are confident people. We need Reps that can communicate with these professional care giving business owners. The process is easy and we teach each Rep in one on one sessions how to approach the prospect and what to say. Reps will present the basic information about Washburn & Associates and gather basic information from the prospect. The Rep will have very little time invested in a single deal. However, the down side is that these transactions can take 6-9 months to complete. Jack Washburn takes on the load of the work to close the transaction. Reps need to have other income streams so they have the cash flow to support their personal and business expenses. Reps that are consistent can earn a nice living from this project. There will literally be hundreds of pharmacy transactions in a twelve-month period. Can you do one a month? One every couple of months? A Rep that consistently works 4-10 hours a week can develop a pipeline of transactions, and when they start closing, be nicely rewarded. As in all aspects of doing business, persons involved need to invest in themselves to generate more income. You can't get something for nothing. Reps are required to purchase letterhead, envelopes, business cards, and presentation material. Reps are also required to have a phone line, separate fax line, computer, and color printer. Washburn & Associates will provide and maintain web sites that are designed specific to the Rep. Washburn & Associates requires all transactions be handled professionally and consistently. This is not a job. This is not a get rich quick opportunity. This is not a project for someone who needs to make money for rent at the end of the month. We are only looking for the best. How many transactions can you close in a year? When you are serious about the project, have the staying power to wait 9 months, have additional income streams, and are excited about earning some additional commissions contact me today and I can tell you more. Contact Brad at: bradpharmacy@msn.com Subject line: Pharmacy Rep Info.
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