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$250,000
$700,000
Why buy this practice:
1. Accredited w/ AGPAL (May '22) + ACRRM (Oct 23)
2. Training practice w/ ACRRM + new regs starting Feb '24
3. Supervising dr/vendor will transition til 30.06.2024 w/ the regs
4. Skin cancer clinic
5. Distance to Newcastle = 40 min, to Sydney Nth Shore = 1h 50 min
Est 2014, this lge, corporate-style practice nr Port Stephens has been supporting Drs to gain Fellowship via the RVTS or FSP. Reason for sale is to reduce travel time to + from Sydney. Vendor will remain 2x days/wk on 70% if required.
Note: vendor has cut down staff cost significancy post COVID + their PIP + PNIP have increased by approx 50% this quarter. My-Medicare will bring more incentive to the practice, so, if you delay in purchasing a GP business this year, the EBITDA will be significantly higher at the end of the current fin year.
Online meetings w/ the owner initially preferred.
Broker: Sally Stuart
M = 0437 082 045
E = sally.stuart@linkbusiness.com.au
For enquries + top complete an online CA:you may click the link: https://linkbusiness.com.au/businesses-for-sale/listing-enquiry/?listingid=f2c15fe2-927d-4c17-823e-9f599beb6b0b
THE PURCHASER TO MAKE THEIR OWN INVESTIGATIONS & INQUIRIES IN RELATION TO THE BUSINESS & NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON Their BEHALF
Ref: NSW10817
*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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