This profitable, well regarded speech path clinic on Sydney's North Shore is selling! W/ 5 therapists or 4 FTE (+ recruiting/hiring 3x more) & 150 clients, the team supports NDIS clients (17%) who are self & plan managed. There is a contracting physio also providing remote services wkg a couple hrs/wk, split 70/30.
A great office mngr/reception & a team leader have allowed this remote owner (who invests 5 hrs/wk) to earn over $135K profit in FY24! The owner schedules a fortnightly meeting w/ the team leader (1 hr) & undertakes payroll on a fortnightly basis (about 1-2 hours using Xero). The invoicing is all done through the receptionist who follows up outstanding invoices. The Receptionist/office mngr is looking to take on more responsibilities so may take over the owner's role. Here KPI's wil increase.
The owner spent a lot of time initially getting this business running well & has put systems into place so that it can be monitored remotely. They also invested in a good team leader who does most of the staff management. They are selling to deploy the funds into more care businesses. Price is not negotiable.
Since 1990 the team has specialised in Delayed speech & language development, Articulation difficulties, Stuttering, Language difficulties, Social Skills + Voice problems.
In a modern, professional + recently fitted out clinic w/ a long lease, it is easily accessed. 8x therapy rms, 1x lge group therapy rm, reception + utilities rm, 2x waiting areas, fully stocked therapy aids & resources room, assessment & testing resources cupboards + kitchen w/ bench seating (209 m2).
Therapists provide speech, dyslexia, literacy + autism services to a mainly paediatric base. All new business comes from word of mouth & referral relationships. There is no money spent on acquiring new clients. This is thanks to its strong brand presence + the clinic’s reputation for therapeutic excellence & for delivering the services in a warm, friendly & caring environment.
Ops are highly systematised, efficient & professional. Most processes are automated via an online PMS platform incl a comprehensive Policies & Procedures manual.
This makes daily management efficient. Handover of the business to a new owner will be smooth as they will have clear visibility into the processes & procedures.
Online meetings w/ the vendors in the first instance pre site visit. Only those buyers w/ Allied Health/medical/NDIS exp may apply.
- Broker – Sally Stuart
- E: sally.stuart@linkbusiness.com.au
Ref: NSW11490
