Under Contract (Do Not Enquire)

Price

$350,000

Profit *

$230,000

Sales Revenue

$450,000

Location

Illawarra and South Coast, Wollongong & Illawarra

Category

Professional, Medical Professional

Listing #

NSW10381

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

The practice is currently a solo clinic whereby the pt demand far exceeds the GP supply and the one there can’t see more than 50 pts per day even though they are at the door waiting to come in. In addition:

  • 1x psychologist – 1x day/fortnight (70/30% fee split) 
  • Podiatrist is one day/fortnight (70/30% on consultants and 75/25% on orthotics)
  • F/T nurse
  • F/T PM
  • Pathology pays $26K pa plus GST
  • 3x Telehealth GPs (P/T) averaging 30-40pts each per week
  • Long term lease with 7 yrs to go
  • Backs onto a chemist
  • Approx 20 car parks
  • BP
  • 4x CRs + Tx rm with one bed
  • 2x toilets (mixed for staff and pts)
     

The vendor has just taken on a new massive project with NSW health as a project manager and can’t give this business the attn it needs. Currently seeking $350K ONO this vendor will consider a partial or full sale; his preference is 100% based on his currently workload in his F/T role.

The practice receives $26,097+ GST rent from Pathology + approx. $75,000 in PIPs / WIPS annually for the Nurse and allied health from Medicare as an accredited clinic.

Services incl but are not limited to:

  • Family Medicine
  • Paediatric Health
  • Immunisation
  • Adolescent Health
  • 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

Opening hrs:

  • Mon – Thurs 8am – 5:30pm (Telehealth & phone consults available til 7pm each night)
  • Fri   – 8am – 1.30pm
  • Sat: 9 am–2 pm for telehealth consults only 
  • Sun: Closed

Supporting:

  • Indigenous Health
  • Cosmetic injectable & Skin Care Clinic
  • Wound Care
  • Chronic Conditions & Care Plans
  • Industrial Medicine
  • Family Planning
  • Pre-Employment Medicals
  • Travel Medicine
  • Work Cover

Lease is in place until April 2031 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 own and operate run a GP clinic. 

Asking Price: $350,000  – Serious vendor encourages offers!

BrokerSally Stuart

M: 0437 082 045
E: [email protected]

NB. 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 enquiries in order to verify the information provided.

Ref: NSW10381

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.

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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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