The Pharmacy Ownership Podcast

Buying or selling a Pharmacy? Contact us Stock Purchase or Asset Purchase...Why not both? That's what you get with a 336E election.  In this episode of the Pharmacy Ownership Podcast Ollin Sykes, CPA, CMA, CITP breaks down IRS Code Section 336E, one of the most powerful yet least understood tools in pharmacy acquisitions. We cover: What a 336E election actually is  The key advantage for buyer...

Buying or selling a Pharmacy? Contact us Buying a second pharmacy can feel like a natural next step but the biggest challenge isn’t finding the opportunity, it’s being prepared when that opportunity shows up. In this episode of The Pharmacy Ownership Podcast, Austin Murray sits down with Ollin Sykes, CPA, CMA, CITP to break down what pharmacy owners need to consider before expanding and why readin...

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...

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 pharm...

Buying or selling a Pharmacy? Schedule an Appointment with our transition specialis t 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 ba...

Buying or selling a Pharmacy? Schedule an Appointment with our transition specialis t In this episode, Austin Murray and Ollin B. Sykes delve into the complexities of pharmacy asset sales. They discuss the strategic considerations for both buyers and sellers. From asset allocation to the valuation of goodwill and script files, this episode provides a comprehensive guide to navigating these transac...

Buying a Pharmacy? Schedule an Appointment with our transition specialis t The NCPA Pharmacy Ownership Workshop provides valuable insights for both new and existing pharmacy owners.  But what does ownership look like in 2025 and what are some of the major, and expensive mistakes owners can avoid?  In this episode of The Pharmacy Ownership Podcast, Ollin Sykes, CPA, CMA, CITP, and Austin Murray dis...

Inventory can make or break the value of a pharmacy - especially during a sale.   But how do you ensure you’re handling it the right way?  In this episode of The Pharmacy Ownership Podcast, Ollin Sykes, CPA, CMA, CITP, and Austin Murray break down the complexities of pharmacy inventory valuation and how it impacts transactions from both the buyer and seller perspectives.  Tune in to learn more abo...

Looking at buying a pharmacy? Do proper due diligence - schedule a meeting with us here. The most important step you can take when buying a pharmacy is performing the right due diligence, but what should you be looking for? In this episode of The Pharmacy Ownership Podcast, Scotty Sykes, CPA, CFP®, and Ollin Sykes, CPA, CITP, CMA share critical insights into the due diligence process when purchasi...

Think you're ready to sell your pharmacy? Schedule a meeting with us ! If you're a multi-location pharmacy owner, you’re going to want to tune in to this episode of the Pharmacy Ownership Podcast! In this episode Scotty Sykes, CPA, CFP® and Ollin Sykes, CPA, CITP, CMA tackle a common yet complex issue: selling a single pharmacy location from a multi-store entity.   With real-world exampl...

One of the most common questions we get from pharmacy owners looking to buy or sell a pharmacy is “what’s the pharmacy worth?” In this episode of The Pharmacy Ownership Podcast, Ollin Sykes, CPA, CITP, CMA and Scotty Sykes, CPA, CFP discuss assessing the worth of your pharmacy, maximizing the value of your pharmacy, maximizing cash flow, and more! Stay up to date on new episodes by liking and subs...

Before selling your pharmacy, it’s important that you have sound financials, but what other steps need to be taken?  In this episode of The Pharmacy Ownership Podcast , we dive deep into what you need to consider when selling your pharmacy. We talk about what pharmacy lending banks are looking for, cash vs. accrual accounting, perpetual inventory, and more!  Stay up to date on new episodes by liki...

Before buying a pharmacy, it’s important that you do your due diligence, but what does due diligence look like?   On this episode of The Pharmacy Ownership Podcast, Ollin Sykes, CPA, CMA, CITP and Scotty Sykes, CPA, CFP discuss everything about Due Diligence.     We share the different types of due diligence, why it’s important to do your due diligence, what information you need to look for, and m...

Are you interested in buying a pharmacy but aren't sure how or where to even start?     Often, we get approached by entrepreneurs looking at buying a pharmacy but aren’t sure what kind of pharmacy they are buying and what the difference between an asset purchase and a common stock purchase is.     In this episode of The Pharmacy Ownership Podcast, Ollin Sykes, CPA, CITP, CMA and Scotty Sykes,...

Are you planning on selling your pharmacy? Do you think you’re ready to sell your pharmacy?  Many pharmacy owners underestimate the amount of time and planning it takes to optimize the value of your pharmacy so you can make the most money from your transition.     On this first episode of The Pharmacy Ownership Podcast, Ollin Sykes, CPA CMA, CITP and Scotty Sykes, CPA, CFP share insights into how...