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Medical business for sale in Asquith

  • Medical
  • Asquith NSW 2077
  • $165,000 (GST na)

4x GPs Remaining. Sale Pre 30 June Requested!

4x GPs Remaining. Sale Pre 30 June Requested!

2x FTE Drs remaining, all P/T
New lease can be negotiated with landlord for long or short term
Renovations can be undertaken with landlord consent.

This salubrious suburb hosts a clinic offering the local community a full range of family medical services. It is a mixed billing clinic and fees are $75 per standard consult & $120 for a long consult otherwise they can be bulk billed at the drs discretion or with a valid card. With 4x CR's, an incoming buyer can take a room if they are working full time and the others can 'hot desk' as they are all currently working p/t hours.

With a mature male (who is the freehold owner) & 3x female drs remaining, the goodwill of the business will remain if the buyer is happy to keep these established GPs. The GPs work as follows:

2.5 days/wk, Grandfathered GP + happy to remain working p/t for another 4 to 5 yrs, whilst he is still able, on 65% of billings + super
3 days/wk, female VR GP, 70%
3 days/wk, female grandfathered GP, 73%
2x 0.75 days/wk, female unrestricted VR GP, 65% + super

This clinic is in a high socio-economic suburb, whereby the median household income is more than twice the national medium; so well-to-do patients attend via bookings. The clinic is AGPAL accredited so eligible for PIPS, SIPS, and WIP payments. The current lease ($70K + GST + oncosts) will finish in Oct 2021. There is a residential tenant on the top floor and it is not an option for the medical centre to be expanded into this space. This business really needs a full time GP owner to focus on it, to nurture and to grow the business into something that will become their legacy for the next generation of doctors.

For more information on this opportunity, please contact the undersigned:

Allbiz Deal Room
T: 1800 858 696

For more details go to https://allbizsales.com/au and complete our online confidentiality agreement. Use the reference ID NSW08801 to search for the business.

Disclaimer:
Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

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Business ID2016959763
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Last updated  24 Apr 2021
Map for Asquith NSW 2077
Map for Asquith NSW 2077Asquith NSW 2077
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Business Highlights

Business ID2016959763
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  24 Apr 2021
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Suite 59, 14 Narabang Way Belrose NSW 2085
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