Melb. DPA exempted Medicare provider no#. BB GP

Price

$592,000

Profit *

Refer to Broker

Sales Revenue

$725,415

Location

Melbourne Region, Melbourne

Category

Medical Services, Medical Professional

Listing #

NSW10403

Melbourne Medical Professional Business for Sale
Melbourne Medical Professional Business for Sale Slide 2
Melbourne Medical Professional Business for Sale Slide 3
Melbourne Medical Professional Business for Sale Slide 4
Melbourne Medical Professional Business for Sale
Melbourne Medical Professional Business for Sale Slide 2 Thumbnail
Melbourne Medical Professional Business for Sale Slide 3 Thumbnail
Melbourne Medical Professional Business for Sale Slide 4 Thumbnail

About this business for sale in Melbourne Region, Melbourne

5x GPs comprised 1x F/T GP, 2x P/T, and 2x locum GPs wkg FT and significant PT hrs are happy to stay on post settlement. One of the remaining GPs is also the landlord, but the building is NOT for sale. The FT Principle GP can pass his DPA position on & continue working FT as he is no longer DPA restricted. A 2nd DPA position is available + can be transferred. Permit completed 40 yrs ago so no restrictions on the no# of Drs that can work there. 2x rooms upstairs may be rented to extend the service offerings.

There are 9 yrs remaining on the 3x3x3 yr lease which can be transferred. W/ 4x CR's, a shared tx & a path rm where path pays rent ($5,500 incl GST/month). Blood collection is undertaken by the nurse & collected daily. Rent is only $54K so $12K rent positive! 

Staff: 

The GP principal led this team (who are all on a contract) since 2016: 

  • F/T RN – 38 hrs/wk – does health assessments & CDM plans immunization & much more
  • P/M is F/T + covers admin ($31/hr)
  • GP A = prev owner, works F/T 70/30
  • GP B = 75/25% – wks Tues + Thurs 
  • GP C = 70/30% – wks Mon + Wed 1/2 days
  • GP D = locum for 6 wks @75/25% – will incr from 34 to 38 hrs when other locum finishes
  • GP E =  locum for 4 wks @75/25% F/T hrs

 

Open: Mon/Wed/Thurs/Fri: 9:30am–5:30pm + Tues: 9am–3:30pm

As a mixed billing clinic, there is a high component of CDM for the elderly (20% of their pt base) & health assessments. This is the only remaining clinic in the suburb that offers BB, so they have high pt demand. Tx rm procedures and online scripts + referral are paid privately.

W/ room for 4x F/T GPs,  the clinic is accredited til Feb 2026. Using MD + Prac Soft, the clinic does online bookings via Health Engine & Hotdoc. A bookkeeper/accountant assists w/ dr disbursements. SWPE = 1730.

W/ most of the equipment replaced within the last 3 yrs or so, this GP clinic w/ approx 3.5x FTE GPs remaining will suit a GP buyer or investor. Site visits at a mutually agreed time. 

Sally Stuart
0437 082 045
[email protected]

THE PURCHASER TO MAKE THEIR OWN INVESTIGATIONS & INQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON Their BEHALF

Ref: NSW10403

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.

To find out more, complete an online confidentiality agreement by clicking the button below.

Click the email alerts button to be notified of other businesses that may be of interest to you.

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.

Business Affordability Calculator

What can you afford?

Discover what you can afford, how much your loan repayments may be, and how much you could earn.

Email Alerts

Want to know what's for sale?

Register your details and receive priority email notifications about businesses for sale that meet your preferred price range, location or industry.

Share to:

Facebook
LinkedIn
Email

Contact Us

Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.