90km Sth Sydney. Non DPA. GP + Med Cannabis Clinic

Price

$535,000 ONO

Profit *

$180,000

Sales Revenue

$1,300,000

Location

Wollongong & Illawarra, Wollongong

Category

Professional, Medical Professional

Listing #

NSW10382

Wollongong Medical Professional Business for Sale
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Wollongong Medical Professional Business for Sale
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About this business for sale in Wollongong & Illawarra, Wollongong

This motivated & very busy GP owner is happy to stay working w/ the current clinical load; he's just not wanting to continue running the business & being responsible for the clinic as a business owner. His billings are about $750K pa as he wks across both the GP + cannabis clinics. He recruited 2x GPs on a 75/25% fee split in Nov '21 so there will be 3x remaining Drs at settlement. In addition, there is income from Laverty Path as well as psychology & podiatry subtenants. The aim of the GPs at this practice is to give their pts the highest possible quality of care, by ensuring excellence in all aspects.

Reasons to buy this practice:

  • male & female GPs remaining
  • co-located w/ a chemist neighbour
  • path on-site
  • nurse support
  • wide range of service offerings 
  • fully accredited AGPAL
  • approved for GP training
  • 6,000+ active pts
  • current GPs bkd a wk in advance

Opening hours:

  • Mon – Fri 7:30AM – 5:00PM
  • Sat + Sun: Telehealth (potential to add more income/profit w/ w/end clinics)

Services Offered:

  • Family Medicine
  • Paediatric + Adolescent Health
  • Immunisation
  • Preventative Health
  • Sexual Health
  • General Medicals
  • Mental Health
  • Women's & Men's Health
  • Minor Surgery
  • Antenatal Shared Care
  • Smoking Cessation
  • Medicinal Cannabis consults
  • Weight loss consults
  • Psychological treatments
  • Indigenous Health
  • Cosmetic injectable & Skin Care Clinic
  • Wound Care
  • Chronic Conditions & Care Plans
  • Industrial Medicine
  • Family Planning
  • PEMs
  • Travel Medicine
  • Work Cover

The clinic BB's most of services, however private fees apply for Medicinal cannabis consults, non-cancer minor surgical procedures & for non-Medicare vaccs. At this practice, the staff & clinician's mission is to provide the utmost standard of pt care, whilst incorporating a holistic approach to illness diagnosis & m'ment. To this end, they are supporting the 'flu vaccs for the following:

  • Those > 65 yrs
  • Pregnant women
  • Children < 5 yrs 
  • Aboriginal people
  • Medically at-risk groups

Lease in place until April '31 which will be transferred to the incoming owner. Site visits can be scheduled at a mutually convenient time, out of hrs, to maintain confidentiality. You do not have a to be a GP to buy & run a GP clinic. 

Sally Stuart
Business Sales Specialist
M: 0437 082 045
E: [email protected]

Purchasers are required to make their own inquiries in order to verify the information provided.

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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For reasons of confidentiality a stock photo image may be used to represent the business for sale.

*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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