PB-001LOI in process
Burnaby turnkey community pharmacy inside medical clinic
Burnaby, BC · Turnkey community pharmacy
SoonAvailableLOIAgreementSold
Inside an active medical clinicActive CPBC licenceApproximately 280 scripts per day and growing
British Columbia
Pharmacy for sale in British Columbia
Buy or sell a pharmacy in British Columbia with practising pharmacists who know the province's funding model, regulator, and market. Confidential for sellers, qualified access for buyers.
Key numbers: British Columbia pharmacy market
5x to 6.5x
typical normalized EBITDA multiple
$125K
market manager salary used in normalization
6 to 12
months for a typical managed sale
- British Columbia pharmacies typically sell for 5.0 to 6.5 times normalized EBITDA, with 5.75 as a common midpoint.
- PharmaCare applies an $11 cap on the dispensing fee it reimburses, which compresses margins relative to provinces with higher public fees.
- Fair PharmaCare uses income based deductibles, so a meaningful share of prescription spending is paid by patients and private plans rather than the province.
- Lenders commonly apply a stricter debt service coverage test in BC, around 1.30, reflecting higher operating and real estate costs.
- A benchmark manager salary of about $125,000 is used when normalizing owner operator earnings in BC valuations.
Source: PharmacyBroker.ca transaction parameters and public provincial data, updated July 2026.
Buying or selling a pharmacy in British Columbia
British Columbia operates under PharmaCare, an income based public drug program with an $11 cap on the dispensing fee the province reimburses. That cap compresses retail margins compared with provinces that pay higher public fees, and buyer multiples reflect it. The high end of the range is generally reserved for premium urban locations with stable scripts, strong front store sales, and secure long term lease tenure.
Real estate is a defining factor in BC transactions. Lease costs in Vancouver and Victoria are among the highest in the country, so lenders scrutinize rent as a percentage of revenue and commonly apply a stricter debt service coverage requirement of about 1.30. A pharmacy with a long, assignable lease at sustainable rent is worth measurably more than an otherwise identical business on a short or above market lease.
The College of Pharmacists of British Columbia licenses pharmacies and oversees changes of ownership, including disclosure of direct and indirect owners and the pharmacy manager. Non-pharmacist ownership is permitted, but every pharmacy must operate under a licensed pharmacy manager and meet the College's licensure requirements before and after closing.
Pharmacy operations in British Columbia are regulated by the College of Pharmacists of British Columbia, which oversees the licensing and transfer requirements that every sale must satisfy. We coordinate that process as part of every engagement.
Current opportunities in British Columbia
Pharmacy transactions in British Columbia: your questions
What multiple do BC pharmacies sell for?
Most British Columbia pharmacies transact between 5.0 and 6.5 times normalized EBITDA. The PharmaCare dispensing fee cap keeps the range slightly below top performing Alberta assets, and the strongest multiples go to urban pharmacies with stable scripts and long lease terms.
Who regulates pharmacy sales in British Columbia?
The College of Pharmacists of British Columbia licenses pharmacies and must approve the licensure changes that come with a change of ownership, including disclosure of the new owners and the pharmacy manager. The provincial PharmaCare program also requires enrolment updates for the new operator.
Can a non-pharmacist own a pharmacy in BC?
Yes. British Columbia permits non-pharmacist and corporate ownership, but the pharmacy must be licensed by the College of Pharmacists of British Columbia, ownership must be disclosed as part of licensure, and day to day practice must be overseen by a licensed pharmacy manager.
How does PharmaCare affect pharmacy value in BC?
PharmaCare caps the dispensing fee it reimburses at $11 and applies income based deductibles, so margins depend heavily on payer mix, front store performance, and cost control. Valuations reward pharmacies that are not overly dependent on capped public fees.
Where can I find a pharmacy for sale in British Columbia?
Most BC pharmacy sales happen off market through advisors rather than public listings. If you are looking for a pharmacy for sale in British Columbia, a broker with pharmacy specific experience can surface confidential opportunities and benchmark asking prices against real transaction data.