Inner West Gp. Under $100k. Suit Solo Or Couple.

Business For Sale Abbotsford, New South Wales 2046

Business Category Medical

$90,000 ONO

Description

Inner West Gp. Under $100k. Suit Solo Or Couple.

Establish in 1991, this lovely boutiques solo GP practice in Annandale would suit a husband and wife GP buyer. With 2 CRs, this mixed billing clinic is not being operated on a F/T basis currently so there is plenty of potential to grow the clinic. Alternatively, you could consider this acquisition as a great base on which to develop and relocate to a bigger site. Located on a busy main road, it is close to nursing homes and next to a psychiatric practice.

The vendor is happy to stay on with the new buyer to help transition the patient base. Asking $90,000, there is room to negotiate. The ideal buyer must be a working principal, a corporate would not be an option. The clinic is currently unaccredited and used MD + Prac Soft. 

The lease option from an unrelated landlord would be 3x3 yra at the commencing rate of $46,800 pa + GST. The solo GP has a P/T administrator who is there when he is. Current hrs are Mon/Tues/Thurs/Fri 8.45am to 12.30pm + 2.15pm to 6pm. The admin person is happy to stay on with the new owner and is paid currently $47,986 pa + 10% super. 

Last financial year the clinic had 5,705 active patients; with approx 145 pts/wk. Nursing home residents that were former pts of the clinic are seen fortnightly. The pt split is approx 40% privately billed and 60% BB. The owner takes approx 75% of his pt billings. 

Reasons to buy this practice:
• huge potential to grow the practice by increasing the days + hours the clinic is open 
• plenty of street parking with excellent visibility on a main road 
• no path in house currently.....opportunity to add income via sub-lease to path + off-set rent
• desirable Inner West Sydney location with a pt base that could be relocated 
•  sale price less than the cost to create a new clinic
• no anti-aging services currently offered means that private income stream could be increased

Listing ID: NSW09941

Broker: Sally Stuart, Phone: XXXXXXXXXX . Email: XXXXXXXXXX

To complete an online confidentiality agreement visit this business at: XXXXXXXXXX

THE PROSPECTIVE BUYER IS REQUIRED TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS PRESENTED AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE WITHIN THIS ADVERTISEMENT, BY THE VENDOR OR BY ANYONE ON THE VENDOR'S BEHALF.
Ref: NSW09941
Timestamp: XXXXXXXXXX 0059
Contact Seller

Bsale ID: 545996
Broker REF: NSW09941

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