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$116,000
$953,023
SPRING PRICE REDUCTION
The practice principle is about 60 yrs and works in his practice with a female GP who is doing about 35 hrs per week. The owner will transition for a period of 6-12 months with the new owner, and if the female is required, she'd be delighted to stay on too! The business owner also owns the freehold but is only happy to sell the business and keep the freehold; a long lease will be granted to the new buyer at the rate of $70K pa + GST + on-costs. All patient files are in the computer, and with patients coming in 7 days a week, this is a busy practice. Opening hours are 9am to 10pm, with GPs sometimes working til 11pm with the high patient demand in this location. Medical practitioners are highly regarded by this community and there has never been a safely breach at the practice.
As the suburb is not a DWS location, it still could be an attractive practice for a DWS restricted VR GP as there are so many options to work in the practice; being 4 hrs each week night, Sat afternoon and evening as well as all day Sunday, being just over 40 hrs. In addition, as a result of the 2x units being joined, there is the ability to create an onsite after-hours deputizing clinic at this location with one unit being separately lockable. This would increase the income and profitability of the practice.
Currently there are GPs as well as a dietitian, psychologist, chiropractor, VMO (endocrinologist), diabetic educator, and pathology (3 days a week) onsite; making this a one-stop-shop for the residents of this community. There are 5x reception staff, all casual so no staff entitlements. 4 of them work 10-15 hrs per week and one works f/t hours.
Established in 2010, the centre is an AGPAL accredited practice dedicated to providing their patients with the very best of health care services. It is their goal to assist the local community in their health journey, with individually focused, holistic care. They get government incentives of over $3K per quarter for e-health and after hrs level 1 consults. The SWPE no# is 1632, with 2133 whole patient equivalent.
The modern facilities and expert staff can provide patients with a wide range of assistance, including:
– General Practice Services
– Family Checkups
– Weight Reduction
– Nutrition
– Stop Smoking Counseling
– Pap Smears
– Pregnancy Tests, Family Planning and Contraception
– Heart Checks
– Vaccinations and Immunizations
– Minor Surgery and Procedures
– Sports Medicine
– Sleep Studies
– ECG
– Wound Management
– Industrial and Medical Consultations
– Skin Checks
– Allergy Testing
– Workers Compensation
– Medicals
The local community has a wide range of additional allied services available including pharmacy, physiotherapy and dental. As a bulk billing practice, they offer bulk billing to all patients holding a valid Medicare card for all Medicare-eligible procedures. This means no out-of-pocket cost for most general consultations. For patients without Medicare, their fees start at $75, dependent upon the procedures required.
The location has ample parking available for patients. With buses running nearby and the train station just around the corner, this practice supports patients from Greenacre, Wiley Park, Bankstown, Campsie, Belmore, Roselands, Belfield, Punchbowl, Strathfield, Homebush and Flemington. People with additional language skills would be well regarded in this practice, including Arabic, Lebanese, Hindi, Sinhala and Bengali.
Site visits to this clinic can take place before work from 8-9am on a Tuesday or Sunday or when the owner finished on a Sunday at 2.00pm. The owner is negotiable WRT the sales price and transition arrangements. Currently seeking $200K.
To inquire on this business visit www.linkbusiness.com.au/NSW08886 and click on "enquire now" – Ref: NSW08886
Sally Stuart
Business Sales Consultant
Phone: + 61 2 9899 1999
Mobile: +61 437 082 045
Email: sally.stuart@linkbusiness.com.au
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
*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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