A new buyer has been found. No more enquiries pls

Highlights of the business:

– Shopping centre based w/ 3 hrs free parking onsite
– Travelator +/or lift access for frail/elderly pts
– Walking distance to train station
– SWPE = 2,111
– Multi-disciplinary
– 3x Drs (2x F/T & a locum – 70/30%)
– 7 CR's & a path rm
– Really lge waiting area & a reception for 2x admin

2023 billings were $990K + 2022 were $790K so on a growth trajectory post COVID. Woolworths & ALDI as head tenants so busy pedestrian foot traffic past the entrance. 

Vendor subleases this space from his neighbour the dentist; not directly through the centre m'ment. Outgoings (approx $60K). They are currently finalising the market review (as per the process within the lease) for the next 10 yrs so I can send through the new lease if this is of interest to you once it is finalised. His neighbour on the other side is one of the head tenants so LOADS of pedestrian traffic past the door.

Now a mixed billing clinic, with some private pts w/out a M/Care card. Path pays $80K pa + there is an audiology subtenant. Podiatrist + dietitian pay 70/30% fee split.

There is visiting Physio + EP. VMO Geriatrician wks 1 day/month.

Accredited in Jan '23 so no need to do this until Jan '26!

Services offered:

• Men’s + Women’s Health
• Antenatal & Postnatal Care
• Health Assessment for over 75
• Immunizations + Travel Vaccines
• Cryotherapy
• Minor Surgeries
• Workers Comp
• Diabetes M'ment
• Pap Smears & Family Planning

The team at this practice believe in a collaborative approach, integrating their services with specialists and other allied health professionals:

• FT GP owner & F/T lady GP currently
• 1x F/T lady doing the reception & PM duties
• 4x (cas) admin to assist as reqd
• 1x nurse (cas) wkg 9-2.30pm

Site visits may take place after an online meeting w/ the owner, after hrs when the practice is closed to maintain pt & team confidentiality; during the shopping centre hrs, or on Saturday's before 1pm or after 5pm.

Vendor will stay on a part time basis post settlement if required and suitable terms are negotiated with the new business owner.

Vendor is seeking $300K ONO for a quick sale!

Broker: Sally Stuart
M: 0437 082 045
E: sally.stuart@linkbusiness.com.au

Ref: NSW10973