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Medical business for sale in Adelong

  • Medical
  • Adelong NSW 2729
  • $300,000 Freehold available $1.9M

DPA. Growth Corridor. Selling This Financial Year!

DPA. Growth Corridor. Selling This Financial Year!

Real estate also for sale at $1.9M ONO
Accredited GP training practice + suitable for all PEP candidates
Located in a growth corridor so scope to grow this clinic
This regional NSW Medical & Dental Centre is able to cover a wide range of services, having trained nursing staff, modern equipment and procedure rooms. The clinic is close to a large retirement village + next door to a university.

The practice is in an enviable position with income from the path more than covering the current rental payments. A chemist dispenses from this location but there is no rent going to the practice owner. There are allied health onsite, with 1x spare CR, thus the option to add additional services. The Dental room (currently not being utilized) has an adjoining steri-room plus Molecheck is available for the GPs at all times.

There are 2.5x FTE GPs remaining, w/ 1x F/T reg, a p/t GP in the PEP programme & a F/T VR GP as the supervisor. The reg has been there since 2019 and is year 3. Drs billings are 70% (VR), 65% and 50.5% + Super (Registrars). The clinic is accredited til Oct 2021 and with a FT RN on site, it is getting govt incentive payments for WIPS, PIPS, and SIPS. All pt files are soft, with the practice using BP.

There are 4x CR's, a combined nurse/tx rm & a dental chair. With high pt demand, they are undergoing a surge in pt no# as they are close to the university & a new residential development. There are 2x new suburbs locally which are growing quickly with many new young families moving into the area with no doctor.

Hours: Weekdays => 8:30am5:30pm, Sat + Sun = Closed so plenty of potential here to extend the hrs & increase the income and therefore the profit. Approx SWPE no# are 1900, so additional local marketing to the uni and the new residential community will certainly bolster this.

View the video here: https://vimeo.com/user1063334/review/438446134/42900a011b

The owners also own the building which is on the market for $1.9M and must be sold with the business ($300K) making the whole transaction currently listed for sale at $2.2M.

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 NSW08879 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 ID2016959749
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Last updated  24 Apr 2021
Map for Adelong NSW 2729
Map for Adelong NSW 2729Adelong NSW 2729
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Business Highlights

Business ID2016959749
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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