Quebec
Pharmacy for sale in Quebec
Buy or sell a pharmacy in Quebec with practising pharmacists who know the province's funding model, regulator, and market. Confidential for sellers, qualified access for buyers.
Key numbers: Quebec pharmacy market
5x to 6.25x
typical normalized EBITDA multiple
$135K
market manager salary used in normalization
6 to 12
months for a typical managed sale
- Quebec pharmacies typically transact at 5.0 to 6.25 times normalized EBITDA.
- Only pharmacists who are members of the Ordre des pharmaciens du Québec may own a pharmacy in Quebec, which limits the buyer pool to licensed pharmacists.
- Quebec has roughly 1,900 private community pharmacies, all owned by pharmacist proprietors, often operating under banner franchise agreements.
- A structural pharmacist workforce shortage pushes benchmark manager salaries to about $135,000, the highest among the provinces, and lenders apply a stricter coverage test of around 1.30.
- Professional allowances from generic manufacturers are permitted in Quebec but are regulated and capped, unlike the outright rebate bans in some other provinces.
Source: PharmacyBroker.ca transaction parameters and public provincial data, updated July 2026.
Buying or selling a pharmacy in Quebec
Quebec is the only province where pharmacy ownership is reserved to pharmacists. Under Quebec's Pharmacy Act, only a pharmacist who is a member of the Ordre des pharmaciens du Québec may own a pharmacy, alone or with other pharmacists. Banners such as the major chains operate in Quebec through franchise and affiliation agreements with pharmacist owners rather than direct corporate ownership. For sellers, this means the realistic buyer pool is other licensed pharmacists, which shapes both pricing and deal structure.
The public payer is RAMQ, which insures a large share of the population, and professional allowances from generic manufacturers are permitted but regulated and capped. Quebec's most distinctive valuation pressure, however, is labour: a structural pharmacist workforce shortage pushes wages up and squeezes debt service coverage. Our framework uses a benchmark manager salary of about $135,000 and lenders commonly apply a coverage requirement of about 1.30 in Quebec. Larger pharmacies with stable scripts and secure leases still achieve attractive multiples; smaller operations that depend on hard to replace pharmacist hours face workforce driven discounts.
Transfers involve the Ordre des pharmaciens du Québec for ownership registration, plus RAMQ and banner agreements. Because ownership must remain with a pharmacist, share and asset structures need careful legal work, and buyers should confirm their eligibility with the Ordre early in the process.
Pharmacy operations in Quebec are regulated by the Ordre des pharmaciens du Québec, which oversees the licensing and transfer requirements that every sale must satisfy. We coordinate that process as part of every engagement.
No public listings in Quebec right now
Most pharmacy sales here never reach a public page. Sellers list confidentially and buyers on our qualified list hear first. Tell us what you are looking for, or list your own pharmacy for sale confidentially.