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Medical business for sale in Toowoomba

  • Medical
  • Toowoomba QLD 4350
  • $600,000 Freehold also for sale at $740K

QLD. GP Business + Building. DPA & MMM4.

Equity share options also available to an interested partner!

MMM4 + DPA makes this site an option for all drs
Accredited training clinic with GPs remaining post settlement
Building also for sale at current valuation

Located in the centre of a rich pastoral and wheat-growing district, overseas trained doctors are eligible to work in this location and get into a 3GA training role here whilst they work towards fellowship using the PEP in this long-time established practice. Home to the largest store cattle sale yards in the Southern Hemisphere...this location is not for the faint hearted! GP's in regional locations such as this might be assisting patients with a range of treatment that city GP's would never experience! As the well known quote goes: "With great risk comes great reward." - Thomas Jefferson.

Locum drs here get 65% plus a car and a house. Currently, there is a husband and wife team working as well as the owner. The wife is currently level 2 supervision and the husband is writing his final Fellowship exam in Dec 2020 this year. They are both keen to remain at this clinic as they each have a 5 year contract and have 3 + 2 years each to serve at this practice. Their children are entering University in Brisbane in 2021 and the GPs have committed to remaining in this township for the duration of their contracts.

The principle GP will hand over with a 6 to 12 month transition (negotiable) and may continue to fill locums roles or come in for a day or two a week post transition if mutually agreed. He has been at the clinic for 45 yrs and treats 3x generations of patients from this centre; being the only bulk billed clinic in town. With gross billings at about $1.8M for 2020, there is still growth opportunities for a Fellow of the College to bring to this practice. As a traditional country practice, there is pathology onsite ($3,200 rent per month), plus a practice nurse and mental health nurse to provide extended patient services including care plans for CDM patients.

This practice is pandemic proof and recession proof; as one of only 2 clinics for this regional township (popln 8000). The clinic is accredited until Aug 2022, uses Medical Director and Prac Soft, and would be ideal for a VR GP to buy whose intention it was to work in the practice as that person could then assist with the mentoring and supervision requirements of the current GPs.

Opening & Closing Hours

Mon to Fri 5:00 AM - 6:00PM
Saturday 6:30 AM - 10:30 PM
Sunday Closed
Conditions

Family Planning Advice
Injuries
Headaches & Migraines
Pain and Other Conditions
Bites and Stings
Stomach and Digestive Problems
Viral Infection
High Cholesterol
Preventive Medicine
Weight Loss
Procedures/Treatments

CT Scans
Faecal Occult Blood Test X-Rays
Allergy Testing
Insect Bites
Acute Disease
Measles and Blood-Borne Illnesses
Stress Management
Measles
Blood Sugar Level
Ultrasound or MRI
Heavy Metal Detoxification
Faecal Occult Blood Test X-Rays
Lung Function Tests
Lung Function Tests
Pain Management
Salmonella
Blood Pressure
Communicable Disease
Infectious Disease
Hepatitis A Screening
Detailed Stool Analysis
CT Scans
Electrocardiogram (ECG)
Gynecological Examination
Ultrasound or MRI
Urinalysis
The building is also for sale at valuation being $740K. Should the business purchaser not wish to buy the freehold, then the rent would be also as per the valuation report at $75K pa + GST + on-costs. A long term lease would be offered to the new tenant.

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 NSW09628 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.

Business Highlights

Business ID2016830820
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Last updated  27 Feb 2021
Map for Toowoomba QLD 4350
Map for Toowoomba QLD 4350Toowoomba QLD 4350
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Business Highlights

Business ID2016830820
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  27 Feb 2021
Allbiz Business Sales
Suite 59, 14 Narabang Way Belrose NSW 2085
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