Price
$2,200,000
Profit *
$650,000
Sales Revenue
$3,000,000
Location
North Coast, Forster
Category
Medical Services, Medical Professional
Listing #
NSW00626
A big, purpose-built mixed billing clinic, created over 10 yrs ago, w/ 10 CRs, a staff rm, PM's office & a large 3-bed treatment rm is for sale on the NSW mid-nth coast with over 3 mil turn over. W/ 9 drs (3x VR GPs) working 3-5 days/week, this clinic is accredited for training registrars & with GPA.
The owner also owns the bldg & will offer a long lease w/ options. The current lease has 3x more yrs w/ 2x more 5 yr options. They are happy to assign/transfer it or start a new long lease. My vendor will remain wkg at the practice where he is happy to remain supervising regs + consulting as a GP & focus on his family. He will transition the m'ment for up to 3 months to the new owner. The building is not for sale currently.
A F/T PM is in place, w/ 2x RN & 1x EN, together w/ 5x admin. Open 5.5 days/wk, all procedures are privately, card holders are BB as well as paeds up to 16 yrs. They support local nursing homes & retirement villages so plenty of potential to do more!
Long standing Podiatrists, Audiologist & dietitian pay rent, subsidizing the head lease. The rent is manageable together w/ the great WIPs & PIPs combined & subtenants. Practice also receive education incentives. Another dr in the practice is also an accredited GP supervisor to assist with training/supervision.
PMS is MD & prac soft. Accreditation took place in 2021 & the next audit is due 2024. Online bookings w/ HotDoc. An accounting firm ensures that the dr disbursement are undertaken correctly on a fortnightly basis & staff are paid fortnightly.
Site visits A/H at a mutually convenient time, once an initial online meeting has taken place.
Some details of the business for sale are confidential & disclosure is subject to completing a CA & at the discretion of the broker.
Purchasers are reqd to make their own enquiries in order to verify information provided.
Ref: NSW00626
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.
Click the email alerts button to be notified of other businesses that may be of interest to you.
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.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
