Bris. 5x GP accredited training clinic. New reg

Price

$997,500 ONO

Profit *

$265,270

Sales Revenue

$719,877

Location

Queensland, Brisbane Region

Category

Professional, Medical Professional

Listing #

NSW09934

Brisbane Region Medical Professional Business for Sale

About this business for sale in Queensland, Brisbane Region

The new registrar will bring additional value into this primarily BB practice. Based on the last 3x yrs, the vendor is keen to sell & has priced the business accordingly! Purchased in 2019, this practice owner is selling to focus his efforts on other parts of his wider business.

People

  • 4x GPs and 1x reg (started July 2024), all on contacts
  • 3 Drs are on DPA exemption, so if they leave their replacement no# can be used to recruit new drs (replacement of Drs will be relatively easy)
  • New Reg billing around $1K/day at GPT2 rate
  • Some Drs do private billings
  • Others drs are on F/T hrs, offer BB services + 70/30 fee split.
  • Snr recept does the PM role & 2x cas admin look after the front desk (each do 25 +38 hrs/wk) 
  • Owner goes to this practice to oversee the operations & do wages (Approx 4-6 hrs/wk)
  • 2x nurses, both EN's + both P/T – each wks about 4x days & they overlap for 2x days
  • Allied health onsite incl Podiatry, Dietician + Physio
     

Leases + subleases

  • Rent is $120K pa w/ a lease until 2030
  • CPI increase pa
  • Sublease of $75K pa paid by path
     

Fees

  • On W/ends + Public Hols all fees are privately paid
  • BB is offered to all pts holding a valid Medicare card for all Medicare-eligible procedures
  • All new pts will be charged private fees
     

Design

  • 6x CR's, 1x path rm + 2x single bed treatment rms
  • practice on 2x levels, PM room is upstairs
  • 2 staff toilets + 1 pt toilet
  • Site Area: 1,636sq m2 + Floor Area: 423sq m2
     

Software

  • uses BP
  • SWPE of about 3,300
     

Accreditation

  • Completed 2023 so 3 yrs certificate will be from Oct 2023-Oct 2026
     

Services offered incl:

  • GP Services
  • Men’s, Women’s + Children’s Health
  • Vaccinations
  • Health Assessments + CDM
  • Mental Health Care
  • Minor Surgery
  • Full Body Skin Checks
  • Private + Commercial Vehicle Drivers Health Assessments
  • Iron Infusions
  • Mirena + Implanon Insertion & Removal
     

Hours

  • open six days/wk Mon – Fri from 8am to 5pm & Sat 8am – 1pm
     

Online bookings

  • Available
     

Location

  • not DPA + MMM1 (DPA replacement provider no# avail)
  • 30 mins nth of Brisbane CBD
  • In the 2021 census, this suburb had a population of 12,295
     

Site visits may occur with the vendor at a mutually convenient time outside clinic hrs to maintain pt & staff confidentiality. 

Broker: Sally Stuart
E: [email protected]

Some details of this business are confidential & disclosure is subject to completing a CA & the discretion of the broker.

Purchasers are required to make their own inquiries in order to verify the information provided.

Ref: NSW09934

Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.

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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

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