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Empty clinic on busy rd + 2km from the Bankstown Hospital (get their level 4 + 5 pt referrals)

$270,000South Western SydneyListing: #NSW08311

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About this business for sale

Empty clinic on busy rd + 2km from the Bankstown Hospital (get their level 4 + 5 pt referrals)

Due to the owner's health condition (diabetes) AHPRA has advised this clinic owner that he is not to practice on his own so is therefore unable to work in his own practice. It is fully fitted out; w/ 3x CR's, a tx and path room, with 2x off street car parks and loads of passing foot traffic. With a solid community of both Vietnamese and Lebanese pts, this practice might be ideal for a buyer with additional language skills suitable for this Western Sydney suburb. 

The owner is looking to enter into a JV relationship with a new buyer OR have an after hours medical Centre (recruitment activity) OR to have a lease re assignment and fit-out sale (100%) of this business. There are 18 months left on the lease with another 5 yr option. The DA is approved for this practice for an unlimited no# of practitioners with no limitations on the no# of hrs this practice can open. To create the business; the owners spent $350K on the fit-out and are looking to sell the business and reassign the lease for $270K ono. 

This option might be great for a GP with 19AB restrictions looking for additional work after hrs as this practice could be set up to open from 6.00pm at night until the GPs wished to cease working of an evening. The practice has been closed a while now so the pts would need to be advised that a new clinician is needs to be done locally if a GP wishes to start seeing a solid number of pts. In addition, the local ED should be approached and invited to send their triaged level 4 + 5 consults to the new GP at this practice to reduce the delays in the hospital ED. The clinic and the hospital are just 2km or 5 mins drive apart so ideally, this practice could become the 'practice of choice' for this community when they have a minor emergency to save them wasting 3 hrs plus up at the local ED unit. 

There is an option for Drs looking to join this practice from a recruitment perspective to receive 10-15% equity in the practice should they be keen to join the team and start practicing here as a non-buyer utilizing the recruitment option. Working in this bulk billing clinic (at least initially to rebuild the pt data abase, all eligible practitioners will receive a 70/30 fee split for all pts they treat. 

If you are interested in hearing more about this beautifully appointed practice, please email or call on 0437 082 045 for a confidential conversation re buying this practice or working there as an after hrs GP. 

To enquire on this business visit and click on "enquire now"

For full details contact Sally Stuart on or on 0437 082 045.

Ref: #NSW08311

Note: The purchaser to make his/her own investigations and enquiries in relation to the business and not to rely upon warranty or statement made by the vendor or by anyone on his/her behalf.

02 9899 1999
0437 082 045

Sally Stuart

+61 2 9899 1999
+61 450 810 340

Nicolas Yanni