The real process begins
After a couple of weeks of searching, I have finally found a location for my pharmacy. It’s happening quicker than I thought it would (two weeks instead 6 months).
This morning I contacted the center’s manager and was given a decision to allow a pharmacy in their center only a few hours later. Now the real work begins:(1) applying for a specific use permit with the city–make sure you do this first before going any further, because nothing happens unless the city wants a pharmacy to open. Then you can contact a wholesaler to get a contingent approval letter–you need this before you can apply for the pharmacy license.
After note: I skipped over the whole location analysis part, but that is actually the most important part of starting a pharmacy. You want large population (preferably with a greater proportion of elderly residents), lots of traffic, high visibility, and low competition. You can pay big bucks for a company to do demographics reports for you, but you can obtain the same information for free if you work with a commercial real estate broker. They can help you find locations that meet your criteria and do location analysis free of charge. Just make sure you work with a CCIM (google it).
think a company like this will benefit from the new health care reform?
http://www.express-scripts.com/