Close
35 yr established 3x Dr practice on the NSW/QLD Border | Non DWS + mixed billing

35 yr established 3x Dr practice on the NSW/QLD Border | Non DWS + mixed billing

The practice has been open for 35 yrs so is a well-known destination in the Twin Towns area on the NSW/QLD border. Both the husband & wife team are GP’s & work at the practice on a fee split. They need to sell the business to refocus on their family life; however both are keen to be working at the practice until they retire. This will mean that the goodwill in the practice will stay at the practice. The owners are in their early 40’s so have 20 or so years left of working at the practice. There are 2.6 FTE incl 2x other GPs working at the practice + the income from the GPs was approx $1.4-$1.5M gross. Additional income streams are derived from the VMO’s & allied health + path rent paying $39,360 pa. Price for the freehold is $1.85M & the business is $2.25M ONO. Sally Stuart is assisting.

Contact:
0437 082 045

Date:
25/07/2018