What a good Exit Strategy can do:
You may have become comfortable in how you run your business. The little eye sores around your premises have become completely invisible to you. A simple plan but well executed plan will not cost you much but will increase the value of your pharmacy.
Increase your profitablilty:
A buyers pockets and the people they borrow from are not always as deep as you want. Sometimes, given a bit of time, you can extract a bit more profitability out of your business and put yourself in a better retirement position.
Increases your likelihood of a sale:
A planned exit, increases your likelyhood of a sale. You might have great profitability but the structure of your business may be such that it makes it difficult for the purchaser to execute.
Provides for a better tax situation:
The sale price is one thing. The amount of tax you will pay on your sale is quite another. A little planning however can mitigate the amount of tax you need to pay on your final sale. An exit strategy can certainly improve your odds of paying less tax.