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Outstanding General Practice – Eastern Suburbs Melbourne For Sale

Victoria, Australia
Asking Price:
$980,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Business ID: BS

Adjusted Net Profit 24% of Income

This practice was originally founded in 1993. It was purchased in March 2017 and continues to operate predominantly as a bulk billing, family-orientated practice, with special interests that include paediatrics, women’s health and sports medicine. There is a well-equipped procedure room and trained nursing staff, separate pathology (Melbourne Pathology) and an adjoining dental clinic. All doctors (male and female) are vocationally registered and undergo continuing medical education.

The building is now owned by an associated entity and comprises 7 consulting rooms, a treatment room, a reception and waiting area, an office, a children’s playroom, a baby change room and 25 on-site parking bays including disabled parking. The clinic is located in close proximity to the Eastern Freeway and main arterial roads, with a bus stopping right at the door. The clinic is only minutes away from private and public hospitals, medical imaging and pharmacies.

•Owner lives interstate and do not work in the practice
•Recovering strongly from COVID
•Located in established middle-class suburb
•Mix of male and female doctors
•Bulk billing clinic
•Future growth from allied health, mixed billing

10% deposit on signing of unconditional contract with balance on settlement (30 days).

A practice of this size and quality does not come on the market often. Perfect for an entrepreneur or corporate group and would benefit from local management.

Asking Price: $980,000

Property Code: 2959

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