Pharmacy Pro Forma
Healthcare Excel Template (Free Download)
Turn pharmacy openings, script volumes, reimbursement mix, staffing, and working capital into a seven-year community pharmacy pro forma.
professionals from Deloitte
About this pro forma
This pro forma shows how a multi-location community pharmacy grows from store count and utilisation into scripts, dispensing revenue, clinical services, and front-of-store retail. It carries the pharmacist and technician-heavy cost stack, inventory and receivables investment, capex, EBITDA, and unlevered free cash flow into a DCF valuation.
Use it to assess de novo growth, tuck-in opportunities, reimbursement pressure, and service-line expansion. The Excel model is the linked calculation engine; the pro forma is the projected operating, cash flow, and valuation output.
What every model includes
Live formulas, no hardcoded values
Outputs are driven by live formulas, so the workbook updates from its assumptions instead of relying on hardcoded results.
All assumptions in one tab
Inputs are clearly marked in the Assumptions tab and separated from calculations, making it clear what to change and what to leave intact.
Statements always balancing
For integrated-statement models, the balance sheet, cash flow, and supporting schedules tie through properly.
Distinct schedules for clarity
Debt, working capital, taxes, and cash flow can get messy quickly. We group calculations in clear schedules, not across disconnected tabs.
No hidden macros or external links
There are no unexplained external workbook links or macros to undermine auditability or portability.
Changes flow through the model
Update a key driver and see the impact carry through the forecast, financing, and return outputs. We never use hardcoded numbers in formulas.
What's inside the Pharmacy Pro Forma
- Pharmacy roll-forward and utilisation ramp
- Four-tier prescription mix and revenue-per-script output
- Clinical services and front-of-store retail forecast
- Pharmacist, technician, occupancy, and overhead cost build
- Inventory, receivables, capex, and free-cash-flow bridge
- Enterprise value, equity value, and value-per-share DCF outputs
Formatted to IB standards
Named theme colors repaint the whole workbook in one click, on top of an investment-banking structure with clear input, output, and cross-sheet reference styling - brand-ready, institutional-grade, and fully auditable.
Created by ex-finance professionals
Hey, I’m Alex and I created Finamodel.
Over my years in the finance industry I kept building the same models over and over again. Same structure, same assumptions, different logo. So I started building frameworks to turn them into clean, reusable templates.
Every model here is one I’d actually use for a client, and I personally vet each one before it goes up.
I’m not an expert in every industry, but I’ve built enough models to know what belongs in one. And when something is completely foreign to me, I reach out to my network for experts to work on our models with us.
Having a template library on hand cuts a first build from hours to minutes.
Need help finding your model? You’ll find me in the Finamodel app!
Frequently asked
What does this pharmacy pro forma model?+
It projects store growth, prescription volume and mix, services, retail, costs, cash flow, and DCF valuation.
Can I test reimbursement pressure?+
Yes. Change tier price indices, mix, and utilisation assumptions to see the effect on margins and value.
Are new stores included?+
Yes. The roll-forward can project new pharmacy openings, build-out cost, and the ramp to productive utilisation.
What valuation does it produce?+
The unlevered free-cash-flow forecast produces enterprise value, equity value, value per share, and implied EV/EBITDA.
Have more financial modelling questions? Contact us
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