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.
*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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