21/03/2024 | ID: 25341

South Australian GP Practice: Prime location, well established practice.

Asking Price $250,000

Our practice is in a prime location having serviced the community for over 60 years. The practice has a range of services primarily through GP services, the old owner wants to move on but is willing to work part time to help establish the clinic. The practice is on a large plot of land only 20 minutes away from the CBD, has it’s own parking space for doctors and for patients.

Highlights include

Lots of parking available on site
Busy community
Well established practice
SWPE = 3,150
Turnover of $1.2 million in 2023
Pharmacy is 2 minutes up the road

Our services include but are not limited to the following:

Childhood immunizations
Complex care
Care plans
Adult, flu, COVID and travel vaccines
Mental Health Care
Work Cover, RTW
Medical Examinations for licensing
Women’s health

The practice is currently running as a mixed billing practice, patients with concession will be eligible for incentives. We have many allied health units working on site including 2 physio’s, 1 podiatrist, Labs. 2 RN rooms, large theatre room. Currently labs are paying $30k p/a. The total working space is approximately 256sqm with lots of potential to expand. The current rent is set at $170,000 p/a, exemptions have been discussed with the landlord for any sale.

Vendor will stay on a part time basis post settlement if required and suitable terms are negotiated with the new business owner.

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