FNQ GP, prime location, MMM2 + DPA

GP Practice for sale in North Queensland

Asking Price: $325,000

Bulk Billed Medical practice in Townsville CBD

Key Points:

Est for more than 15 yrs
Rent paid = $10,125 + GST/month
Rent from Path = $6,713.75 (incl GST)/month
SWPE = 6,160 approx (huge pt base but not enough drs. )
This accredited teaching clinic has in the past been a 7x dr practice. One of the big attractions of this opportunity is that the whole suburb is DPA and this clinic in right in the heart of the mall!

A strong teaching relationship existed w/ JCU & other RTO’s. As a result, the clinic was accustomed to supporting Drs-in-training & students. There are currently no aged care facilities supported or other hospital duties covered, so plenty of opportunities to grow this clinic.

Opening Hrs:

Mon to Fri 8.30am – 4pm
Sat + Sun closed
W/ both online booking (HotDoc) & a walk-in option, a diverse pt base is attracted by offering Occ health medicals (privately billed) & GP services (BB). Using MD + Prac Soft for their PMS, all the P+E is included in the sale so the new buyer should not have to spend anything on additional equipment. No active marketing occurs as the Drs are fully booked. The clinic uses 405 m2 & is located w/in an A/C shopping complex. Should the new owner wish to expand (or contract) the footprint, there might be additional space available + sublease demand. W/ 7x CR’s + a 4x bed tx rm + a hearing & path rm, this business w/ all systems & processes in place will impress!

New lease being negotiated – landlord will reduce the size if reqd, reduce the rent, allow other subtenants like allied health to use the rooms upstairs. They are in a negotiable position atm as the landlord wants the MC tenant to remain there post June 2024. Landlord is interested in subleasing to anytime fitness which would reduce the new business owner’s rental payments significantly
2x FTE GP’s (room for 8-9 Drs)
Owners had the business for 15 months only
Selling as the owners are more focused on their NDIS businesses
Site visit can be scheduled at a mutually convenient time after hours. Serious vendor encourages offers.

Please be advise for new enquiries: CA will be required

Contact Sally Stuart for more details/ site visit bookings
M: 0437 082 045
E: sally.stuart@linkbusiness.com.au