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