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Radiology Practice - 2 hours from Melbourne

$430,000

Vic Far Country Region, Victoria

Radiology Practice - 2 hours from Melbourne

An outstanding opportunity to purchase this long standing privately owned Radiology practice located within a public hospital only 2 hours from Melbourne. There has never been a better time for a Sea / Tree Change than with this one. Currently owned by a Sonographer who also undertakes General X Ray and CT Scans this is a busy business that has provided significant returns for the owner. With an assured patient base coming from both the hospital outpatients / inpatients and local GP's and no local Radiology competition this is a very unique opportunity. A Radiology reporting service is in place for remote reporting. Equipment includes General X-Ray, Computed Tomography and Ultrasound. All equipment is owned and will be sold unencumbered. The local status for Medicare on upgrades is "remote". The current owners will novate a long existing lease to the new purchasers for the space within the hospital and have the hospital consent to do so. Rent in minimal to nominal.

Turnover - $700,000 per annum and profit to owner in 2019/2020 was $370,000 in net earnings.

This practice is ideally suited to a Sonographer who wishes to undertake the above or perhaps employ a Radiographer or even a Medical Imaging couple. There is no requirement to provide out of hours services or "on call" which means you have your evenings and weekends free. There is also scope for an existing Radiology group to buy this practice and staff it.

If you've been thinking about getting into your own practice, a rural lifestyle and the surety of being backed by a local health service and general practitioners then now is the opportunity, such unique divestments do not come along very often.

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Last updated: 25th September 2020

Summary

Property Type
Business
Contract Type
For Sale
Location
 Vic Far Country
State
 Victoria
Price
$430,000
Category
  • Medical
  • Medical Practice

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Agency

Business Brokers Network

Business Brokers Network

Contact

Brian Hill