Dedicated to independent pharmacy profits

Over the years we’ve helped our clients increase their profits and grow their business by buying pharmacies. We’ve worked with them to retain great talent by offering competitive benefits plans. And we’ve also assisted with the sale of pharmacies and with personal accounting for owners. Below you’ll find examples from just a few of the independent pharmacies we work with: “There are many community pharmacies out there competing against the big chains.  As a chain whose slogan is ‘your neighborly drugstores,” we find that neighborly sentiment when we deal with Sykes & Company. We are a small community pharmacy chain with eight stores. Sykes is attentive to our needs. They understand our strengths and weaknesses; they know where we need extra guidance and the areas we can handle on our own. With Sykes & Company, I am not just sending a report once a year to a CPA firm to complete our taxes and review financials and hope they understand our business. We have an ongoing relationship. They go above and beyond to make sure we as clients reach our goals. Whether it’s increasing profitability, lowering expenses or even advising on closing or selling a store, they value the success of their clients.” – Alicia Wolfe, Klingensmiths Pharmacy

“Ollin [Sykes] helped me buy and sell the same business. I owned it for eight years. Without a doubt Sykes & Company’s work made it a desirable target for purchase. I sent him the number of prescriptions filled and the gross margin numbers every month. They’d call me back and say, ‘We need to check something, we’re out of line here compared to your peers’ or ‘You’re doing better here than your peers.’ We worked on keeping inventory at a manageable level so we had just what we needed. No CPA firm compares to Sykes & Company’s professionalism. They know what they’re doing. I did not have to tell them what to do because they had already done it. They anticipated my needs because they know what other pharmacies need and they apply that knowledge to my situation.” – Rhett Butler, former owner at P & H Discount Pharmacy

“I needed someone I could trust and who would shoot straight. Sykes & Company is careful to be sure everything is black and white and honest. It is obvious that my success is important to them on a personal level. Since working with Sykes & Company, I am looking at real numbers every month. I have confidence that I know what is going on and where we stand. I don’t know that I’d still be in business if I hadn’t switched to Sykes & Company eight years ago.” – Jean Kitchin, former owner of Rocky Mount Drugs