Medical

17/05/2021 | ID: 4651

Under Contract - GPs Remaining. Shopping Centre Location. Busy Clinic.

Seeking $650K ONO

Profitable BB Accredited clinic.
Consulting rooms not fully utilized means you can add value.
Stable Male and Female GP workforce will remain post settlement.
W/ 3x GPs, 2x nurses & 2x administrators, this newly created GP clinic on the north side of Brisbane has turned off their SEO AdWords/Google advertising & closed their books now as they are too busy + can’t take on additional pts. Having an owner/working GP move into this clinic would mean that new pts can be again welcomed to the practice & the web advertising restarted.

Currently open 8.30 til 5pm Mon to Fri, there is so much potential w/in this practice for a keen business buyer to open the clinic for additional hrs & days. W/in this suburban shopping centre there is a Dominoes open til 9pm w/ loads of people attracted to this location til after 8pm each night. Sat trading is another opportunity as yet unexplored. W/ loads of car parking, there are ample spaces for both drs & pts. The are no restrictions on the no# of GPs that can work in the clinic at any one time & there is approval for 7x CR’s so plenty of space to add in extra drs.

The lease can be assigned or transferred & is for 10 yrs. The clinic is 9 rms, w/ a lge treatment rm. Med Labs are providing path services ($2k/month). There is a PM using a rm w/ 6 rooms for GPs. There are 3x GPs currently at this practice.

This BB clinic is appointment based w/ allied health providing additional services. There is a physio there 1x session/wk & paying 35% to the practice owner. 2x dietitians pay room rent at $120/day (1x comes every Wed & the other 1 day/fortnight). They are currently trying to get psychologist to join the practice to support the increase in mental health referrals that are coming as a result of COVID.

The practice recently showed $250K in profit w/ gross billings around $1.2M. Site visits can be scheduled at mutually convenient times AH’s or on the w/ends. He doesn’t work in this practice so there will be no loss of income at settlement as he is not the major income earner for this clinic.

Sally Stuart
Business Sales Consultant
Mobile: +61 437 082 045
Email: sally.stuart @ linkbusiness.com.au

Enquire now

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