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No Mone Enquiries, We're Gong To Contract! For Sale

Sydney, New South Wales, Australia
Asking Price:
$295,000 ONO
Sales Revenue:
Available on request
Cash Flow:
Available on request

- Price: $295,000 ONO
This MB (70% BB, 22% Private + 8% workcover) practice 1.5 hrs sth of Sydney is nr beaches + is selling with the building!

W/ 4x Drs remaining, the clinic has 4x CR's (approx 3.5 x 4m, 3x w/ windows) + a tx rm. The F/T PM's office is behind a lge reception. There are 7x pkg spaces for pts + 6x undercover for staff w/ direct access. Potential for expansion as the vendors own the bldg + may sell. Physio + path in a smaller bldg w/ street frontage (the vendors also own these bldgs). A lge tea-room upstairs w/ staff toilet & shower means the team can cycle or walk to work + refresh onsite; making this a potential workplace of choice!
* BP software
* MB (DVA + for return visits at Drs request + multi-family pts on the same consult + some long term pts at Drs discretion)
* 100% of telehealth BB
* Computers & server are 2 yr old
* SWPE of 2936 represents a diverse pt mix
* Fees: 23 = $90 + 36 = $135

Team
* Dr 1 = 1/3 owner - will work til retirement or as neg on 70/30 w/ Tues @ the nursing homes
* Dr 2 = 68.24% (as an employee), 2x days & 3x part days (0.8 FTE)
* Dr 3 = GPT 2 reg wkg FT til Aug '24 (on 50% of billings + 11% super)
* Dr 4 = started Nov 2023 => P/T male doing 3 days/wk
* 1x RN - F/T - $40/hr
* 4x P/T + cas reception = 2x FTE's - range of rates plus cas get 1.25x loading
* 1x FT PM - $45/hr

Mon to Fri: 8.30am til 5.30pm (no w/ends or pub hols), 161 m2 downstairs (office, reception, waiting area) & 73 m2 upstairs (not incl the 5x5m2 balcony). Undercover car garage for 6 cars + spacious storage space (91m2).

There is a core of aging pts + lots of new, young families moving in. The suburb is surrounded by new suburbs w/ high socio-economic demographics. Plenty of nursing homes but no obligation to service any. No AH's. W/ 30x new pt inquires/wk, new Drs will thrive! 500 pts enrolled in MyMedicare since -.--.--.

New owner will start a new lease if not buying the building. The rent will be $8k/12 or $96k/pa incl GST.

Solar panels in place. Site visits may take place after an online meeting w/ the owner weeknights or on a w/end as mutually agreed.
* Sally Stuart
* ---- --- ---
* [email protected]

Some details of the business for sale are confidential & disclosure is subject to completing a CA together w/ the discretion of the broker.

Purchasers are req.d to make their own inquiries in order to verify the information provided.

Ref: NSW10625
Ref: NSW10625
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