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About this Business for sale in Townsville & District

Key Points:

  • Gross billings 2021 = $3,745,640
  • Most of the drs are 70/30% fee split
  • Rent paid/month = $10,125 + GST
  • Rent from Path/month = $6,713.75 (incl GST)   
  • PIPs for Nov – Jan = $49,410
  • WIP s for Nov – Jan = $23,766
  • SWPE = $6,160

This accredited teaching clinic has always been a 5 GP + 2 Reg practice. One of the big attractions of this opportunity is that as a result of 1x DPA exempted dr leaving recently, there is now a DPA exemption ready for an incoming buyer. Currently there are 5 GPs (1x only private billing) + 2x regs (males & females) w/ a preserved DPA exempted M/C provider no# in place. A strong teaching relationship exists w/ JCU & other RTO's. As a result, the clinic is accustomed to having a steady supply of Drs-in-training & students through the clinic. There are currently no aged care facilities supported by the drs or other hospital duties covered, which indicates plenty of opportunities to continue to value-add to this currently profitable clinic. It is expected that there will be strong demand for this practice, which sees an average of 350 new pts/month.

Opening Hours:

  • Mon to Fri 8am – 5pm
  • Sat 9am – 3pm
  • Sun 9am – 3pm 

Established for more than 15 yrs, this clinic is the main GP clinic in the city. W/ both online booking (HotDoc) & a walk-in option, a diverse pt base is attracted by offering Occupational health medicals (privately billed) as well as standard GP services (bulk billed). Using MD + Prac Soft for their PMS, this clinic is using only soft pt files. All of the P+E of the practice are included in the sale so the new buyer should not have to spend any money on additional equipment at the time of settlement. No active marketing take place as the Drs are fully booked. The clinic uses 405 m2 & is located within an air-conditioned shopping complex. Should the new owner wish to expand the footprint, it is understood that there might be additional space available. With 7x CR's + a 4x bed treatment room, plus a hearing & path room, this profitable business with all systems & processes in place is ready to impress! Site visit can be scheduled at a mutually convenient time after hours. 

Enquire on this business by visiting https://linkbusiness.com.au/businesses-for-sale/ca/NSW10320 + click "enquire now"

Sally Stuart
M: 0437 082 045
E: sally.stuart@linkbusiness.com.au

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS & 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.

Listing: #NSW10320
Profit*: $840,000
Sales Revenue: $1,655,800
Coastal, Townsville & District
Professional, Medical
*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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