GPs Remaining. Shopping Centre Location. Busy Clinic.

Price

$650,000

Profit *

$225,000

Sales Revenue

$1,257,000

Location

Brisbane Region, Brisbane City

Category

Professional, Medical Professional

Listing #

NSW09753

Brisbane City Medical Professional Business for Sale
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Brisbane City Medical Professional Business for Sale Slide 3
Brisbane City Medical Professional Business for Sale
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Brisbane City Medical Professional Business for Sale Slide 3 Thumbnail

About this business for sale in Brisbane Region, Brisbane City

Seeking $650K ONO

  1. Profitable BB Accredited clinic.
  2. Consulting rooms not fully utilized means you can add value.
  3. Stable Male and Female GP workforce will remain post-settlement.

W/ 3x GPs, 2x nurses & 2x administrators, this newly created GP clinic on the north side of Brisbane has turned off their SEO AdWords/Google advertising & closed their books now as they are too busy + can't take on additional pts. Having an owner/working GP move into this clinic would mean that new pts can be again welcomed to the practice & the web advertising restarted. 

Currently open 8.30 til 5pm Mon to Fri, there is so much potential w/in this practice for a keen business buyer to open the clinic for additional hrs & days. W/in this suburban shopping centre there is a Dominoes open til 9pm w/ loads of people attracted to this location til after 8pm each night. Sat trading is another opportunity as yet unexplored. W/ loads of car parking, there are ample spaces for both drs & pts. The are no restrictions on the no# of GPs that can work in the clinic at any one time & there is approval for 7x CR's so plenty of space to add in extra drs. 

The lease can be assigned or transferred & is for 10 yrs. The clinic is 9 rms, w/ a lge treatment rm. Med Labs are providing path services ($2k/month). There is a PM using a rm w/ 6 rooms for GPs. There are 3x GPs currently at this practice.

This BB clinic is appointment based w/ allied health providing additional services. There is a physio there 1x session/wk & paying 35% to the practice owner. 2x dietitians pay room rent at $120/day (1x comes every Wed & the other 1 day/fortnight). They are currently trying to get psychologist to join the practice to support the increase in mental health referrals that are coming as a result of COVID. 

The practice recently showed $250K in profit w/ gross billings around $1.2M. Site visits can be scheduled at mutually convenient times AH's or on the w/ends. He doesn't work in this practice so there will be no loss of income at settlement as he is not the major income earner for this clinic.

Listing ID:​ NSW09753

Sally Stuart
Business Sales Consultant
Phone: + 61 2 9899 1999
Mobile: +61 437 082 045
Email: [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

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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