Business For Sale Wagga Wagga + Riverina NSW Region, New South Wales
Business Category
$350,000
Description
Dpa + Mmm5 Nsw Mb Superclinic! Bus + Bldg 4 Sale!
VR GP reqd to buy this rural GP clinic(accredited for regtraining).
The ownershave given great service &been terrific employers, resulting in long term (20 yrs) staff.This practice has the capacity for 7 drs & offers growth inaged care visits, skin cancer clinics, CDM&health assessments by age.
Owners
• W/a large family, it's time for more work/life balance!Selling to retire.
Practice History & Facilities
• Purchased business in 1997w/a super clinic grant for expansion in 2009
• 11 rms, 2 nurse stations (1xw/chair +1xw/bed), a 1x bed procedure rm&allied health services
Team
• 3.4 FTE GPs w/ 5 drs on65/35%
• 2 GPs wk 4x/wkw/on-call duties, 2GPs &the owner wk3x/wk
• 1x dr sitting final GP fellowship exam shortly (currently on A1 rates)
• New GP has joined recently
• Another will join in Jan '25ona 482-visa w/a 4 yr post
• UWS med students visits the clinic &the GPs are paid $400/day to support this education (65/35% fee split)
• PM (FT)
• owner's wife undertakestax, financial +asset management (F/T)
• 1st assistant PM manages trust accounts &drs disbursement (F/T)
• 2ndassistant PM handles payroll, wages &office duties incl tyro, Workers' comp billings &outstanding debt (31 hrs/wk)
• Office Mngroverseas staff(3.5x/wk)
Allied
• Pt case mngr
• Physio(F/T)(80/20%)
• podiatrist (80/20%)
• Diabetes educator (1x/12) pays rm rent
• Dietician- (1x/wk)pays rm rent
• Hearing services (2x/12)
• EP
VMO's
• General surgeon -1x/12
• Orthopod -1x/12
• Urologist -6x/yr
• Paediatrician- 6x/yr
• Endocrinologist - 6x/yr
• Cardiologist -2x/yrfor assessments (no income, a pt service w/the local hospital)
HR & Contracts
• Employsure handles HR
• Drs are on independent contracts, some using their own companies
• Drs can also work at the local ED as a VMO so need great emergency medicine skills
Software
• MD, Pracsoft, and MYOB
• Website in development
• using HotDoc for appointments and billing of phone consults
• Swapping Tyro for HiCaps
Pts + Billing
• MB practice w/BB for pensioners
• 10% of patients are Aboriginal supported byCTG - closing the gap
• Practice principle w/ another GP supports about a dozen methadone +pain management pts
• SWPE = 3,500 approx
Rent
• $101,455 pa orthe new owner canbuy the bldg (Price TBA post valuation completion)
Community & Stability:
• Long-term staff
• 3x drs own houses locally +another will join in '25, contributing to community stability
Site visits may occur w/the vendor at a mutually convenient time outside clinic hrs to maintain pt &staff confidentiality.
Broker: Sally Stuart
E: XXXXXXXXXX
Ref: NSW11232
[p]
Ref: NSW11232
Timestamp: XXXXXXXXXX 3003
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