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Busy Medical Practice - Looking for New GP to take over.

$250,000

NSW North Coast Region, New South Wales

Busy Medical Practice - Looking for New GP to take over.

Located in a thriving regional city in the NSW New England & Northern Tablelands district this long standing General Practice is for sale. We are looking for a GP or GP couple to take over this practice and transition in over time as the current owners transition out.

The owners both work part time and are happy to stay for up to 24 months (end of 2022). Due to the owners departure, this practice is not suitable for investors or non clinical owners.

Key Points

2-3 FTE VR GP's - including owner
GP Registrar - currently being supervised by the owner
Experienced Nurses and Reception / Management Staff
Mixed Billing - 70% Bulk Billing - 30% Private
Best Practice Software
Recently Renovated Rooms
4 Consult Rooms
1 Treatment Room
Over $1M turnover
Strong returns for GP owner - looking to transition out over time
DPA zoning allowing overseas trained doctors under the moratorium to access Medicare
Allied Health subtenants

Owner earnings $500,000 in the 2020 financial year. Price of business offers around $250,000

Approximately 6 hours driving from Sydney with direct air connections to both Sydney and Brisbane and 1.5 hour drive to the coast.

A thriving regional city that offers excellent lifestyle, leading academic facilities including top private schools as well as a university campus. Express your interest in this practice. Freehold premises are not for sale. Not suitable for investors.

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Last updated: 14th May 2021

Summary

Property Type
Business
Contract Type
For Sale
Location
 NSW North Coast
State
 New South Wales
Price
$250,000
Category
  • Medical
  • Medical Practice

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Agency

Business Brokers Network

Business Brokers Network

Contact

Brian Hill