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Refer to Broker
$1,035,000
Co# sale – no need to redo contracts!
For almost 20 yrs, this clinic has delivered excellence in medicine to the NSW central coast. Founded by a prominent GP & integrative dr, the practice supports 4,000+ loyal pts.
This accredited (til 2023) clinic has registrars being supervised & mentored by the principle & a secondary supervisor. It offers traditional GP services plus preventative medicine. It also provides additional integrative lifestyle health approaches for more complex health problems. This model has demonstrated exceptional results in anxiety, depression, digestive problems, insomnia, allergies, diabetes and other chronic & inflammatory conditions.
A highly trained team of GP’s is supported by allied health & other therapeutic practitioners. By Oct 2021 there will be 7x P/T VR GPs & 1x F/T reg (50+% of income) & comprise approx 4 FTE. The majority of pts are private billed w/ only about 15% BB. There is a very successful on-site supplement dispensary (28% of income). DHM provides rental income w/ a path sublease. There are 12 providers + admin who would love to remain post settlement should ‘shared care’ be retained.
The lease can be transferred or assigned. W/ 55 car parks, this is a purpose- built facility. There are 8x CR’s, 2 tx rms, a lge kitchen/dining area, another bldg (group sessions, workshops, special clinics & wellbeing classes, incl yoga etc) + a therapeutic garden. The practice space is currently underutilized, providing excellent opportunities for growth! W/ 15% growth yr-on-yr, this practice is set to boom as pts embrace more pt centric care now & into the future.
The principal is willing to remain working post-settlement for a time to be agreed b/w the parties. Her main objective in selling the practice is to be removed from day-to day operational & clinical management. The practice is < 5 min from Gosford Hospitals & about 40 mins from Hornsby.
Ref: NSW09423
Sally Stuart
Business Sales Specialist
M: 0437 082 045
E: [email protected]
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF
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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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