- Price: $395,000 ONO
- Categories: Beauty/Health
All drs are eligible to get into a 3GA programme in this location close to Sydney!
As the only GP clinic in the suburb w/ dedicated car pt parking, longevity is assured past the current lease as there is a friendly commercial landlord who would offer extended terms. Currently a 5x3x3 yr lease, lease started June '19 + is valid til end June '26 w/ Clinical Labs path onsite.
Pts are lovely in this mixed billing clinic as are the team member who will all be remaining (apart from the Dr owner who will leave post-handover). Accredited as a training clinic so can have drs on the FSP as MMM5 plus ACRRM regs.
The 4x CRs (+ path rm = 90 m2) are utilized by the 3.5+ FTE GPs w/ the owner there just 2x days/ wk so not clinically reliant on the vendor. The PMS is MD Helix. 2x NICU cas nurses starting Jan 2024.
Pts are mainly Caucasian, who are happy to pay for procedural skin work and residents of the nearby retirement village. There is an exclusivity agreement in place b/w this practice & the operators of the independent living practice.
The Drs get 70/30 fee split & the regs are paid as per the award (55%). There is a AGPT 3 who is on an extension awaiting fellowship & w/ a home nearby would likely stay at this practice post Fellowship. One of the other jnr drs in training lives in Sydney & may leave post Fellowship due to the extensive drive times daily. This would leave space for the incoming owner & a pt base to take over.
As the no# demonstrate, the clinic is still in a strong growth phase. Factors that will ensure continuing growth & profitability incl:
* Triple BB incentive
* Private billing for those who don't qualify for BB
* Growth of the local area w/ subdivisions
* New P/T GP joining Feb 2024 w/ a pt following
These factors fall outside the potential for trading longer hrs & full occupancy of the rooms, which would be other drivers for growth. There is plenty of free on-site parking as well as street parking.
The clinic is a 4 minute (350m) walk from the train + bus stations.
Site visits may take place after an initial online chat at a time that is mutually convenient after hrs.
Sally Stuart
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[email protected]
THE PURCHASER TO MAKE THEIR OWN INVESTIGATIONS & Inquiries IN RELATION TO THE BUSINESS & NOT TO RELY UPON WARRANTIES OR STATEMENTS MADE BY THE VENDOR OR BY ANYONE ON THEIR BEHALF
Ref: NSW11201
Ref: NSW11201
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