Long-standing General Practice In South East Suburbs Melbourne

Business For Sale BS147249, Cranbourne, Victoria 3977

Business Category Medical



Long-standing General Practice In South East Suburbs Melbourne

Business ID: BS147249

Adjusted Profits $120,000; Asking Price $325,000

This general practice was established in 1994 in purpose-built premises. The current owners purchased the clinic in May 2018. The practice is in a high-visibility location and the building is substantial with 7 consulting rooms, a treatment room, pathology room, staff facilities and office and storage. There is a large reception area and waiting room as well as 20 patient car parks and 7 staff car spaces. The lease commenced in 2018 with the first option ending at the end of April 2023 and followed by a further 3 x 5-year option. Rent is currently $9,200 pcm. The landlord has indicated an interest to sell the freehold and any purchase will only follow a successful transaction of the practice.

There are 5 doctors  (2 FTE) doctors currently working 7 days with COVID vaccinations delivered on the weekend. They are supported by experienced reception staff (2.6FTE), nurses (1.2 FTE) and a Practice Manager (0.5 FTE).

-Excellent prominent location

-Strong reputation

-Substantial building with potential for greater utilization

-Male and female doctors
-7-day operation (COVID Vaccinations on weekends)
-Strong demand and growth potential
-Under Practice Management

Terms of settlement: 10% deposit and balance on settlement

A wonderful opportunity to acquire a well-run and well-established practice in a growth area. Ideal for an owner/operator.

Asking Price: $325,000 + SAV

Similar Businesses For Sale

This business is somewhat unique and has no similar competition in this region, category or price bracket.

Contact Seller
Xcllusive Business Sales

Bsale ID: 550598
Broker REF: 6576425

Xcllusive Business Sales Pty Ltd
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