Price: Refer to Broker
Categories: Beauty/Health
Established in 2017, the business has grown to 24 practitioners (both employees and consultants) over two sites. Offering mainly private services and medicare (mental health care plans) support, there are also some EAP, NDIS and couples counseling offered, which are certainly additional areas to grow the business. Increased room/practitioners utilisation from the current approx. 55% can also be found through continued use of SEO and building additional referrer relationships, with GP packages and introductions being a great opportunity to grow the business. Psychiatrists may become another source of referrals moving forward with changes to the TGA. Further embracing neuro-diverse clients and participants may also be an option for the new buyer to add developments assessments to further increase the income and profitability of the practice.
This is an amazing opportunity to launch into the highly in-demand mental health industry. With the clinics fully under management, this is a perfect opportunity for an allied health or healthcare/medical group as a key acquisition to add to their portfolio. Another opportunity is the ability to add service offerings into different modalities that support and complement the current service offerings where there are synergies between disciplines. There is a breadth of team members with various areas of specialization, allowing a diverse client base to be supported.
Key points:
Main clinic with modern, high-end custom fit-out in prime location
Over 20+ psychologists, 1 FT practice manager, + support staff
opportunity to grow to become multi-disciplinary clinics
Room for additional room utilisation
Referrals from over 80 GP's
Both clinics are fully accessible, bathrooms, kitchens, and waiting area
Billings 2023: $1.7 million +
Leases
The current owner is in negotiations with the landlord over the rent, which hasn't been finalized strategically to enable the new business owner to be involved in these negotiations. Owners are selling due to extended periods overseas and a change in career direction.
For further information or to complete the confidentiality agreement, please inquire now.
