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Vic GP Clinic. Urgent Sale. All Offers Considered.

Refer to Broker

Melbourne, Victoria

Vic GP Clinic. Urgent Sale. All Offers Considered.

Seeking $550K for the bldg or you may have a long term lease at $28,600pa plus GST + on-costs. 

Due to personal circumstances these owners find themselves keen to sell their business they created from an empty office space in a strata titled bldg.

W/ a permit for 2x FTE GP's, there are 2x CR's & a treatment rm. The male GP used to work in the practice w/ another Dr until 2 yrs ago when he became the solo dr. During the COVID pandemic, all consults were telehealth & his patient income decreased accordingly. This is however, the only GP clinic  in the suburb with the next closest GP clinic being over 7 min drive away. The wife is working on the business from an admin perspective and the GP is only a few half days each week (Mon + Fri). There is a new male GP wkg 4x days (approx 20 hrs), so there is about 0.75 FTE GPs currently manning the practice.

Post settlement, the vendors will no longer be working at the practice. The other GP will remain post settlement + will continue offering mixed billing services.

This is the only clinic in the suburb and is so well known within the suburb, the owner didn't see the need for a website! They have a Facebook site and use this for marketing within their community. Prior to COVID this was primarily a privately billed business and may be again one day. Dorovich will co-lease the treatment room if the new buyer wants path on site ($1K/month)

With a population of 4,200 in the suburb and 2,500 in the surrounding areas, there is plenty of patient load for a couple of GPs to service this community on a full time basis. 

The building was purchased as an empty shell and fitted-out out to the value of $170K for the fittings and $30K for the equipment. The vendor is keen to sell both the business and the building to the next GP for this township; however, they will also offer a long term lease should the buyer of the practice have no interest in buying the building. The outgoing GP is happy to provide a couple of weeks transition to introduce the new GP to the patients and important people within the community. Site visits can be scheduled at a mutually convenient time. 

To enquire on this business visit https://linkbusiness.com.au/businesses-for-sale/ca/NSW09769 and click on "enquire now"

Sally Stuart = M: 0437 082 045 or E: sally.stuart@linkbusiness.com.au

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
Ref: NSW09769
Timestamp: 20210717030107

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Last updated: 17th July 2021

Summary

Property Type
Business
Contract Type
For Sale
Location
 Melbourne
State
 Victoria
Price
Refer to Broker
Category
  • Medical

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Michael Torcasio