25 Year Old Well-run General Practice – South East Melbourne

Business For Sale BS148111, Officer, Victoria 3809

Business Category Medical

$685,000

Description

25 Year Old Well-run General Practice – South East Melbourne

Business ID: BS148111

Turnover Exceeds $1.8 million with Profit to Owner $485,000

This practice commenced operations in early 1995 and has been very stable during this period. The practice is conveniently located in one of the fastest growing areas in Victoria approximately 50kms south-east of the CBD. A Railway Station is a short walk away and Chemist Warehouse is just across the street.

The practice comprises of 5 consulting rooms plus 2 toilets, 1 treatment room, pathology room (ACL) reception area, storeroom and 2 waiting areas.

In addition to the owner/principal, there are currently 4 doctors (1 female and all being with the practice for around 10 years) and supported by a senior receptionist/practice manager and 3 other permanent reception staff. The practice is NOT currently accredited but has been in the past (expired in 2018). It is a bulk-billing clinic.

-Long-standing practice
-Doctors have been with practice 10 years
-Growth area in Melbourne’s SE
-Strong financial performance
-Owner willing to stay post-sale
-Plenty of scope to grow

Terms of settlement: 10% deposit and the remainder on settlement

This practice fits the bill – 5 doctors, quality building, desirable location and potential for growth – and will be keenly sought after.

Asking Price: $685,000 including SAV
Contact Seller
Xcllusive Business Sales

Bsale ID: 567378
Broker REF: 6786352

Xcllusive Business Sales Pty Ltd
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