Healthcare · NAICS 446110

Pharmacy Valuation Multiples (2026)

Pharmacy multiples reward compounding, LTC, and specialty Rx work that lifts gross margin. Standard retail dispensing trades around 0.4× revenue with margin pressure from DIR fees.

SDE multiple
3.5×
2.8–4.5×
EBITDA multiple
4–6.5×
Revenue multiple
0.4×
0.3–0.55×

Lookup my business multiple

Pick your industry and enter revenue + EBITDA / SDE. We'll triangulate three valuation methods and show what buyers typically pay for businesses like yours.

Industry: Pharmacy · Healthcare

Premium drivers

  • Compounding / specialty Rx revenue
  • Strong PBM contracts and DIR fee profile
  • Front-end retail sales > 20%
  • Long-term care or LTC partnerships

Discount drivers

  • DIR fee exposure / margin compression
  • Single PBM concentration
  • Generic-only Rx mix
  • Lease near expiration

Who buys pharmacy?

Independent pharmacy buyer, regional independent group, or chain (CVS, Walgreens, regional)

Typical timeline + revenue band

  • Days to close: 90180
  • Revenue band these multiples apply to: $2.00M$8.00M
  • NAICS: 446110 (Healthcare)

5 levers that lift your Pharmacy multiple by 30-50%

  1. 1
    Lock in recurring revenue
    Convert the top of your pharmacy revenue stack into multi-year contracts, retainers, or auto-renewing subscriptions. Buyers pay 25-40% more for revenue they don't have to re-win every quarter.
  2. 2
    De-risk customer concentration
    Aim for no single customer above 15% of revenue. If you have a > 25% client, get them on a multi-year master services agreement before going to market.
  3. 3
    Document the business out of the owner
    Independent pharmacy buyer, regional independent group, or chain (CVS, Walgreens, regional) will discount aggressively for any function that lives in the owner's head — sales, key vendor relationships, pricing, hiring. Run the next 90 days like the owner is on a 6-week vacation.
  4. 4
    Clean up the financials
    Get a Quality of Earnings-ready trailing 12 months: GAAP-aligned, owner add-backs documented, no commingled personal expenses. This alone moves the multiple 0.5-1.0× upward in this category.
  5. 5
    Match the deal to the right buyer pool
    strategic acquirers and operator buyers compete on different terms. List with someone who has run a process for pharmacy acquisitions — generic SMB brokers will leave 20%+ on the table.
Run the full Exit Readiness Assessment →
Personalized Pharmacy valuation, action plan, and ideal-buyer profile.

FAQ — Pharmacy valuations

What's a typical pharmacy valuation multiple?

Typical pharmacy valuations land near 3.5× SDE, 5× EBITDA, or 0.4× revenue. Strong operators reach 4.5× SDE / 6.5× EBITDA / 0.55× revenue, while weaker operators stay closer to 2.8× SDE / 4× EBITDA / 0.3× revenue.

How long does it take to sell a pharmacy?

Most pharmacy deals close in 90–180 days from listing. Strong operators with clean financials and a documented buyer pool close on the lower end.

Who buys a pharmacy business?

Independent pharmacy buyer, regional independent group, or chain (CVS, Walgreens, regional)

What pushes a pharmacy valuation to the high end?

Compounding / specialty Rx revenue. Strong PBM contracts and DIR fee profile. Front-end retail sales > 20%. Long-term care or LTC partnerships.

What forces a discount when selling a pharmacy?

DIR fee exposure / margin compression. Single PBM concentration. Generic-only Rx mix. Lease near expiration.