A 50% sale. DPA + MMM2 multi-dr GP clinic in FNQ
2x directors, one is staying and working the other is leaving to retire… will you be this profitable and established practice’ new working director?
Overview
Practice established 40+ yrs since the ’80’s
Team
7x Drs remaining incl2x new regs, 3x nurses, a PM & 3 admin
All drs are booked out daily (Jnr drs see less pts)
Business owners have too many pts, they are always fully booked whilst some of the newer reg’s are still building their patient lists
Other partner remaining is happy to stay there 3-5 yrs as a reg trainer together w/ 2x other FRACGP’s
Clinic
Fully equipped w/ all the necessary equipment in very good condition w/ a lot replaced in 2024 (recently renovated)
8 big CRs, 4 tx rms, a procedure rm, vacc room, a sterilizer & equipment rm, 2 storerooms, kitchen, office & a toilet. It has a huge waiting rm & a very lge receptionist area
Floor space is 323m2. It consists of 2 units (front part is 231m2 & back part is 92m2
The practice bldg has unlimited parking and is located very centrally with easy access
Just under 100 car parks for the pts surround this shopping precinct located clinic
Pts
Loyal patients stretching over 3 generations, so never advertised for pts as word-of-mouth referrals in abundance
Pts ae mostly locals with lots of excisions for Skin cancer and CDM’s for the older folk
Business
EBITDA >$500K on average over the last 3 yrs, seeking $800K for half the business + a patient load
Lease
The lease has been renewed July 2024 for 5+5+5 yrs so will be assigned/transferred
The pathology is in a separate unit in the same building. It is not part of the medical centre arrangements or income. It is independent.
Bookings + Billings
Online booking via HotDoc
Mixed billing + fees going up again soon. They only bulk bill Aboriginal and/or Torres Strait Islander pts, Pension Concession Card holders, Health Care Card holders, DVA Gold Card holders + Children aged 0-15 yrs. All other pts are privately billed
Services
Cosmetic procedures
General + Family (men’s + women’s) Med
Indigenous
CDM incl Diabetic + Asthma
Skin Cancer + Minor Surgeries
Fractures
Pregnancy & Neonatal
Vacc
Accreditations
AGPAL
RACGP for reg training.
Online meetings with the vendor available after hrs Mon to Thurs nights. Site visits can take place at a mutually convenient time a/hrs. Weekends and after hrs weeknights both OK!
Broker: Sally Stuart
0437 082 045
sally.stuart@linkbusiness.com.au