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Great Financial Results - Practice and Freehold For Sale
Accredited, mixed billing practice located close to town centre with lots of parking. Operating out of owned premises with space for further expansion. The practice has a growing client base generating increasing revenues and profits from 5 day trading. There are currently 3 full time doctors and 1 part time doctor with another full time doctor scheduled to recommence with the practice in mid June 2020. The doctors are supported by 2 part time nurses, reception staff and a practice manager who works 4 days.
The practice has 7 consulting rooms (one leased to a Pathology provider), one treatment room, PM's office, staff room with kitchen, reception with wait area and internal wc's. Space exists for the installation of a lift to access the upstairs extension to the original building.
Turnover should exceed $1.2m in FY20 and further growth should be experienced once the experienced doctor returns in June 2020. The owners prefer to sell both the business and the freehold of the building but will consider leasing the premises to the buyer of the business.
-Gross Turnover to exceed $1.2m in FY20
-Very strong EBITDA
-Centrally located with onsite, offsite and street parking
-Open 5 days Mon - Fri 9.00am - 5.30pm
-8000+ active clients
10% pre due diligence and balance on settlement
This is a growing, modern practice with space for further growth. The practice will suit both an investor and an owner operator. An excellent ROI is available.
Asking Price: Business Goodwill and Assets $800K. Freehold Premises $1.2m