DPA + MMM5 regional NSW MB SuperClinic! Bus + bldg

Price

$350,000

Profit *

Refer to Broker

Sales Revenue

$1,479,352

Location

Riverina Region, Riverina

Category

Medical Services, Medical Professional

Listing #

NSW11232

Riverina Medical Professional Business for Sale
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Riverina Medical Professional Business for Sale
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About this Business for sale in Riverina Region, Riverina

Rural GP superclinic accredited for reg training

Owner

  • Retiring GP will provide 6/12 transition incl a 3 month break

History & Facilities

  • Bought '96 & extended doubled size – '88
  • Super clinic funding allowed 2nd expansion – '11
  • 11 rms, 2 nurse stations (1x w/ chair, 1x w/ chair + bed), a 1x bed procedure rm & allied health

Team

  • 4.2 FTE GPs w/ 4 drs on 65/35% & 1x Level 1 on 50/50%
  • 1 GP is VMO w/ on-call duties 1:4
  • Owner VMO Anaesthetist 2x/mth
  • 1x dr sitting final f/ship exam '25 (currently on A1 rates)
  • Level 2 appln pending for Level 1 dr
  • GP joined in Jan '25 (482-visa w/ a 4 yr post)
  • A targeted posn exists from Feb '26 for a RVTS training posn
  • UWS med students visit (GPs are paid $400/day to support this education on 65/35% fee split)
  • PM – Accreditation, orientation drs + staff, rostering, staff education, equipment/IT control, personnel management, patient issues, dr registration/AHPRA app’s (FT)
  • Owner's wife – tax, financial + asset management, recruitment (F/T)
  • 1st assist PM – trust accounts, drs disbursement & debt collection (FTE 0.9)
  • 2nd assist PM – payroll & general assistance, stock ordering, assists equip m'ment,  (31 hrs/wk)
  • Office Mngr – monitor HC providers/room rental, incoming emails, dr requests, aged care  (3.5x/wk)
  • Assist Office Mngr – workers’ comp, med records, IT assist, Hotdoc, MyMedicare reg + GPACI, relief OM duties(FT)
  • PN: 1x RN, 1x EEN (FTE 1.4), AHN (FTE 0.1)

Allied 

  • Pt case mngr – RN (FTE 0.6) = Health assessments
  • Physio (FT) (80/20%)
  • Podiatrist (80/20%) – 2 days/wk
  • Podiatrist indigenous clinic (1x/12) – rm rent
  • Diabetes educator/dietitian (2x/12) – rm rent
  • Hearing (2x/12) – rent
  • EP (1x/wk) – rent
  • Optom (1x/12) – rent
  • D+A counselling monthly – no charge

VMO's

  • Orthopod (1x/12) – rent
  • MLHD Paeds clinic (1x/12) – rent
  • Endocrinologist (6x/yr) – rent 

HR & Contracts

  • Employsure assist HR by subscription
  • Drs are on independent contracts, some using their own co#
  • Drs can work at the local hosp as VMO + also in ED/on call

​Software

  • MD, Pracsoft & MYOB
  • No Website (Local comms via FB)
  • HotDoc for appointments & billing of phone consults (implementation progressing)
  • Current Tyro &HICAPS (until HICAPS upgrades + Pracsoft compatible)

Pts + Billing

  • MB practice w/ BB for incentive eligible
  • 10% of pts are Aboriginal w/ CTG (Closing the Gap registered/funding)
  • Practice principal supports about a dozen methadone + pain man pts
  • SWPE = 3,500 approx

Rent

  • $114,960 pa +GST or the new owner can buy the bldg for $1.6M

Stability

  • Long-term staff
  • GPs own local homes

Sally Stuart: [email protected]

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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