Independent Rx

Independent Rx

Share

Independent Rx has the experience, skills, contacts and processes to help you become a successful owner.

Independent Rx helps individuals wherever they are at in the independent pharmacy ownership lifecycle:

-Starting/Buying a pharmacy
-Ongoing Accounting and Tax Services
-Selling a pharmacy Whether you are current owner looking to expand through acquisition or planning to become a pharmacy owner by starting a new pharmacy we want to provide you with the knowledge and skill set to succeed. We will help you answer questions like how much cash do I need to start a pharmacy, what is the best technology, do I have the right location, how do I market my pharmacy, what licenses do I need and how much inventory should I have? Independent Rx also provides industry leading accounting and tax services to independent pharmacies throughout the United States. Pharmacy accounting and related financial analysis is unique and is very industry specific. It therefore should be performed by industry specialists with decades of experience in this regard. Let us maintain and manage your accounting and financial records while providing you with timely monthly financial statements and a consolidated online performance dashboard system. Finally, at year end, you can rely on Independent Rx to prepare your tax returns, seek tax benefits, and minimize your tax liability. At the end of the pharmacy ownership lifecycle is the prospect of selling your store. We are a team of experts dedicated to helping you with the successful sale of your pharmacy. We have gained tremendous experience and insight over the years as we have prepared for and sold a large number of pharmacies for ourselves and for others. Being pharmacy owners ourselves with over 100 years of independent pharmacy ownership experience, truly sets us apart. We would welcome an opportunity to serve you wherever you are at in your pharmacy ownership journey.

09/25/2026

Inventory is typically taken the night before closing. https://bit.ly/3ZeROio

09/24/2026

As a general rule quarterly if you pay 110% of last years tax obligation you will not be penalized. https://bit.ly/3hLn3uN

09/23/2026

A high allocation to goodwill is better for the seller. https://bit.ly/3OPCtDW

09/22/2026

Do not sign a lease until you have a loan approval https://bit.ly/3ZeROio

09/21/2026

Payroll can increase without you even knowing it are you tracking trends in your payroll? Knowing hours and dollars by job type, overtime used by job type can pinpoint inefficiencies or excess payroll. https://bit.ly/3hLn3uN

09/19/2026

Today's Tip - Check DAW and Insulin report from previous week...every week

Visit us for more insights https://bit.ly/3DkK8iR

Start Buy A Pharmacy Services 09/18/2026

In most cases we recommend keeping the name of the pharmacy as it is what you are buying.

Start Buy A Pharmacy Services Starting or Buying a Pharmacy? We have consulted on the purchase or opening of over 150 pharmacies. View our Start/Buy Webinars Contact Us About Starting Service Buying A Pharmacy Buying a pharmacy can be stressful and very nerve wracking. There is so much to learn and think about from the valuation...

09/17/2026

Make sure you understand the difference between cash vs accrual accounting as one may be more beneficial than the other. https://bit.ly/3hLn3uN

09/16/2026

Do some research to understand the positives and negatives of a stock purchase vs. an asset purchase to you the seller and to the buyer. https://bit.ly/3OPCtDW

09/15/2026

PSAO stands for Pharmacy Services Administration Organization which is essentially a third party that negotiates and holds PBM contracts for independent pharmacies. https://bit.ly/3ZeROio

Want your business to be the top-listed Business in Dayton?
Click here to claim your Sponsored Listing.

Telephone

Address


7333 Paragon Road, Ste 160
Dayton, OH
45459

Opening Hours

Monday 8am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 8am - 5pm