Ontario pharmacy acquisition alpha

What is the pharmacy actually earning?

Separate the operation from the asking price. Calculations stay in this browser and are not submitted.

Input

Trailing 12 months

Listing and operations

Optional context for comparison.

Seller asking price (CAD)

Total annual sales (CAD)

Reported EBITDA

Enter every field. Use zero only when the amount is confirmed zero.

Reported net income

Interest expense

Income tax expense

Depreciation and amortization

Normalize the owner and one-time items

These fields distinguish an owner-operated store from a fully managed investment.

Owner compensation expense

Replacement pharmacist-manager cost

Documented personal add-backs

Documented one-time add-backs

Family payroll adjustment

Market-rent adjustment

Non-recurring income

Rebate haircut

Assets and capital structure

Keep goodwill, inventory, real estate, cash, and debt separate.

Inventory

Accounts receivable

Accounts payable

Other assumed liabilities

Real estate value

Excess cash

Assumed debt

Managed EBITDA multiple - low

Managed EBITDA multiple - high

Calculated result

Value bridge

Blank means the required evidence is incomplete.

Reported EBITDAIncomplete

Owner-operator cash earningsIncomplete

Managed normalized EBITDAIncomplete

Goodwill rangeIncomplete

Net tangible assetsIncomplete

Total equity value rangeIncomplete

Asking price versus midpointIncomplete

Required fields entered0 / 22

Public asking-price context

The cleaned annual-prescription model has a marketplace-holdout R² of 0.400 across 121 listings, with a $672,506 average absolute error. The source split is 113 versus 8. It is asking-price context, not a completed-sale appraisal.

Open listing study

How to read it

Price follows earnings quality.

Sales help describe scale. Normalized earnings, lease risk, inventory, real estate, debt, and deal structure determine what that scale is worth to a buyer.

Owner-operated

Add back documented owner compensation and valid one-time items to show cash earnings before replacement labour.

Fully managed

Subtract the market cost of a pharmacist-manager. This is the cleaner earnings base for a passive buyer.

Assets stay separate

Goodwill is not inventory, real estate, cash, or debt. The workbench shows each component before the final bridge.