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Psychology Practice For Sale Or Lease Of Premises For Sale

Coburg, Victoria, Australia
Asking Price:
$100K - $250K (AUD) Furniture / Fixtures included
Sales Revenue:
$100K - $250K (AUD)
Cash Flow:
Under $50K (AUD)

Established in 1999, this award winning practice has established itself as a trusted provider of mental health services and has become synonymous with top-tier care and professionalism in the field.
Over the years, Total Psychological Care has meticulously cultivated a strong reputation for providing high-quality mental health services to individuals from diverse backgrounds. The practice prides itself on its ability to cater to the needs of mainstream and culturally and linguistically diverse communities alike, offering services in English, Arabic, Turkish, Bosnian, and Serbian.
At the helm of the practice is a dedicated team of five part-time psychologists and a clinical counsellor, each trained across a broad spectrum of psychology and counselling services. Their collective expertise enables Total Psychological Care to deliver comprehensive psychological services, meeting the unique needs of every client they serve.
Demand for mental health services in the area is consistently high, with the clinic experiencing regular waiting lists and a substantial database of registered referral agencies and returning patients. This high demand is further underscored by the clinic's strategic location, which is conveniently situated near medical centres, and public transportation.
The physical infrastructure of the clinic is equally impressive, featuring a double-story premises with four beautifully furnished consulting rooms flooded with natural sunlight. Additionally, there is a reception area, waiting room, and a common use room downstairs, providing a comfortable and welcoming environment for clients.
Parking is ample in the area, with private parking space available on the premises for up to five cars, ensuring ease of access for both clients and staff.
The potential for growth and expansion is palpable, with opportunities to increase the number of practitioners, clientele, and revenue streams. The practice will inspire any potential buyer to expand and grow the practice as a psychology clinic or expand to include other allied health professionals.
It will also suit other established psychology practices that are looking to expand their geographical coverage. There is also the potential to sublease rooms to other private business entities or government services. The clinic will also suit a psychiatrist looking to work in a mental health group practice.

Another option being considered is the Lease of the premises without Sale of Buisness.


Key to the success of Total Psychological Care is the leadership of its founder, a senior psychologist with over 30 years of experience. Her commitment to excellence has been recognized through awards and media features, further solidifying the practice's reputation as a leader in the field of mental health care.
As the practice prepares for transition, the owner is willing to offer professional services and support post-sale, ensuring a seamless handover and continuity of care for clients and practitioners.
A very flexible lease agreement further makes this opportunity to purchase an outstanding, award and established psychology clinic more attractive.
Prospective buyers are encouraged to inquire further for additional information or to arrange a site inspection.

Property Information

Real Estate:

Lease

Lease Terms:

Negotiable

Leasehold Rent:

$60,000 (AUD) per annum

Location:

The practice is situated in the heart
of Sydney Road Coburg Victoria.

Premises Details:

The premises is situated close to several hospitals, medical centres and close to all forms of public transport with ample parking surrounding the clinic.
The building is double storey with 4 consulting rooms all beautifully furnished and lots of natural sunlight. There is reception and waiting room and a common use room downstairs. The building has a rear entry with private parking for 5 cars.

Business Operation

Reasons for selling:

Owner semi retiring to take care of elderly father

Trading hours:

Monday, Thursday and Friday normal buisness hours

Employees:
Contract
Years established:
25

Other Information

Support & training:

Exiting owner able to support the transitioning period.

Furniture / Fixtures value:
$40,000 (AUD) - included in the asking price