GP bus + bldg. MMM5 + DPA. 100 kms sth of W'gong.

This MC has been established for 25 yrs! They are an accredited practice w/ AGPAL + a teaching practice affiliated w/ the Uni of W'gong.

Here's a snapshot of the business & building on sale:

• Mixed billing w/ plenty of BB local pensioners 
• Accredited w/ ACRRM + RACGP for registrars; can have Drs via the RVTS too
• PMS = BP (no old hanging files)
• Accredited til July 28
• Wife is a clinician but not wkg as a Dr in the practice; supports w/ some remote PM duties  
• Only clinic in town
• Gross billings about $1.4M
• Can sell the bldg or new owner can pay $8K/month rent
• Contractor Drs are paid in full every month & pay 30% as rent (not service fee)
• 4 CR's + 1 treatment rm + 1 small office + a path rm
   

Team:

• Dr 1 – FRACGP – GP w/ special interest in skin cancer. He is an accredited skin cancer provider & performs skin checks as well as some skin cancer surgical procedures in room – 3.5 days/wk
• Dr 2 – FRACGP – trained locally + offers shared obstetrics care – Independent contractor – 5 days/wk incl 2x Full days & 3x 1/2 days
• Dr 3 – FRACGP –  has an interest in chronic disease + chronic pain management. He has taken on additional training in obesity management + CBD oil prescribing – 3 days/wk Independent contractor
• Dr 4 – GP reg w/ ACRRM – F/T  employee finishing end 2025
• Dr 5 – GP reg w/ RACGP starting Aug 25 –  3 days/wk P/T employee
   

The staff & processes are well established. The admin run their own meetings monthly w/out vendor support. The original drs surgery was initially opened in the '80s & moved to the dedicated rooms around 1999 when the notes became computerised. One of the current nurses started then. The vendors joined the practice in 2015 & 2016 respectively as regs & they have been practice owners ever since. 2 of 3 nurses have worked at the practice longer than the vendors. They have 3 admin; 2 of which have been wkg for the last 5-7 yrs at this practice; so a very stable team.

Vendor is:

• Selling as the kids are in school an hour away & too much daily diving
• Will work for the next 5 yrs w/ the new owner doing 3x days/wk
• Currently wkg Mon/Tues/Thurs & every other Fri
• Will take 60% billings for the first year w/ view of increasing to 70% thereafter
• Happy to teach & supervise whn at the clinic wkg

Site visits can take place AH's to maintain confidentiality. 

Broker: Sally Stuart
[email protected]

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS & INQUIRIES IN RELATION TO THE BUSINESS & NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF

Ref: NSW11846

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