Price
$175,000
Profit *
Refer to Broker
Sales Revenue
$530,000
Location
Newcastle & Region, Newcastle
Category
Medical Services, Medical Professional
Listing #
NSW11018
Est 2018, the GP is keen to one day retire so will negotiate a transition period w/ new owners whereby he would work 2x days a week for 2x years! He & his wife work in the practice & are supported by 2x P/T GP's to manage their GP, skin cancer & mental health pts. 3x CR's + 2x Tx rms, where 1x of the tx rms could be a nurse/path/reg rm if there was another dr in the clinic & the buyer wanted to support drs in training. W/ ramp & wheelchair access to the clinic, there is also a bathroom + a staff kitchen. There is plenty of public transport + parking for the staff & pts.
Currently open 4 days/wk (Mon to Thurs), the clinic is well located next to a major interchange, so the clinic is not short of pts! W/ 2x undercover car parks under the bldg, a new business operator can buy or lease the bldg on a long term basis. The vendors will transition all of their GP pts across eventually to retire & the psychologist may continue for a period if reqd by the new owner or finish up post settlement if the new buyer wants to make this GP only clinic.
The P/T admin works about 15-20 hrs/wk. Rent is only about $55K pa ++ & the lease is ongoing.
There is no path sub-tenant but if there were 2x F/T (min) GPs then there is space to get path (and their income) in-house. This clinic would suit an OTD still restricted by 19AB of the health act but must be Fellowed as it is MMM1.
Team:
Accredited til Dec 2025, there is a loading zone out the front of the practice where an ambulance can pull up.
Site visits after hrs or when the clinic is closed as mutually agreed and convenient.
Broker: Sally Stuart
E: [email protected]
Some details of this business are confidential & disclosure is subject to completing a CA & the discretion of the broker.
Purchasers are required to make their own inquiries in order to verify the information provided.
Ref:NSW11018
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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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