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Tony De
Nicola graduated from St. John's University College of Pharmacy in 1962
with a B.S. in Pharmacy. Having worked in a pharmacy since the age of
14, Tony immediately entered the retail pharmacy environment as a
partner in a family-owned pharmacy in suburban Long Island, Atlantic
Chemists of Freeport.
Tony expanded the business, acquiring a number of his competitors and
eventually bought a second store, Greystone Pharmacy in Rockville Centre.
During the course of an 18-year period he assumed total management
responsibility, expanded the operation significantly and built a staff
of 55 people. In the course of this process, Tony familiarized himself
with volume purchasing programs, cooperative advertising and centralized
merchandising, operating, financial and administrative functions. He
directed a total computerization of the business in the middle 1970's,
one of the first of its kind in independent community pharmacies at that
time.
In the early 1970's, Tony was instrumental in bringing together 19
independent community pharmacies from the local marketplace, forming the
Legend Pharmacy Cooperative. This group, the first of its kind in the
U.S., became, over a period of the next 13 years, the largest retail
cooperative of independent pharmacies in the country.
In 1980, Mr. De Nicola sold his retail stores and became President of
Sterling Associates, a pharmacy brokerage and consulting firm. During
the course of the next seven years, Sterling became a major force in
pharmacy brokerage in the New York Metropolitan area, and actively
participated in the sale of more than 50 independent pharmacies. Tony
has a national reputation as an evaluator of independent pharmacies, having
participated in many seminars and conferences as an expert on the value
of an independent pharmacy. He has remained active in evaluating and
brokering independent pharmacy business transfers throughout the country
during the past fifteen years.
tonyd@buy-sellapharmacy.com
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