Sydney's Upper North Shore (Non DWS ) | Established GP practice for sale
This salubrious suburb hosts a clinic offering the local community a full range of family medical services, with a special interest in clinical hypnotherapy, immunization and women's health. With 4x consulting rooms, an incoming buyer can take a room if they are working full time and the others can 'hot desk' as they are all only working part time hours currently.
With a mature male (who is the freehold owner) and 3x female practitioners remaining at the practice on a p/t basis, the goodwill of the business will remain there if the buyer is happy to keep these established practitioners working at the clinic. With the 4x part time GPs working Mon to Fri it is equivalent to 2x FTE GPs.
* Dr D is going from 3.5 to 2.5 days per week, Grandfathered GP + happy to remain working p/t for another 4 to 5 yrs, whilst he is still able
* Dr Lo – 3 days/wk, female VR GP
* Dr H - 3 days/wk, female grandfathered GP
* Dr Li, 2x 0.75 days per week, female unrestricted VR GP
This clinic is in a high socio-economic suburb, whereby the median household income is more than twice the national medium; so well-to-do patients attend via bookings in lovely tree-lined street. The practice is AGPAL accredited so eligible for PIPS, SIPS, and PNIP payments from the government. The current lease ($70K + GST + oncosts) will finish in Oct 2020 and can be assigned, or a new, long term lease created. The annual rent review is CPI and the previous short options were at the insistence of the current owner and not a reflection on what the new owner could negotiate with the landlord. The owner's daughter lives on the top floor of this complex and it is not an option for the medical centre to be expanded up into this space. Currently it is close to making a profit but is not quite there. This business really needs a full time GP owner to focus on it, to nurture and to grow the business into something that will become their legacy for the next generation of doctors.
To enquire on this business visit www.linkbusiness.com.au/NSW08801 and click on "enquire now"
Business Sales Consultant
Phone: + 61 2 9899 1999
Mobile: +61 437 082 045
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF