Modern Attractive General Practice – Inner South East Melbourne
Business For Sale South Yarra, Victoria 3141
Business Category Medical
$820,000 + SAV
Description
Modern Attractive General Practice – Inner South East Melbourne
Business ID: XB159421
Mixed Billing - Adj Net Profit $200,000
Part of a medium-sized group, this mixed-billing practice has been in operation for six years in a vibrant inner Southeastern suburb. The split-level premises consist of 8 consulting rooms (Including pathology, a treatment room, a reception and waiting room, and one undercover car space).
There is a lift for non-ambulant patients to move from reception to the consulting rooms. 13 years remain on the lease (rent $160,000 approx). 6 doctors (2.8 FTE) have been working across 5 days (Saturdays open on availability of doctors) with two additional doctors joining shortly.
They are supported by two part-time receptionists and a full-time nurse. Payroll/bookkeeping is centralized. The practice is accredited by QPA with an expiry date of 5 April 2026. It receives incentive payments. Owner selling as part of a rationalisation strategy.
- Vibrant, iconic location
- Mixed billing
- Long term lease
- Two additional doctors have joined
- Attractive premises with room to grow
Terms of settlement:
10% deposit to be paid on signing of an unconditional contract, balance on settlement.
Rare opportunity to acquire an established practice with further opportunities to expand. Ideal for an experienced operator.
Asking Price: $820,000 + SAV
Property Code: 4133
Mixed Billing - Adj Net Profit $200,000
Part of a medium-sized group, this mixed-billing practice has been in operation for six years in a vibrant inner Southeastern suburb. The split-level premises consist of 8 consulting rooms (Including pathology, a treatment room, a reception and waiting room, and one undercover car space).
There is a lift for non-ambulant patients to move from reception to the consulting rooms. 13 years remain on the lease (rent $160,000 approx). 6 doctors (2.8 FTE) have been working across 5 days (Saturdays open on availability of doctors) with two additional doctors joining shortly.
They are supported by two part-time receptionists and a full-time nurse. Payroll/bookkeeping is centralized. The practice is accredited by QPA with an expiry date of 5 April 2026. It receives incentive payments. Owner selling as part of a rationalisation strategy.
- Vibrant, iconic location
- Mixed billing
- Long term lease
- Two additional doctors have joined
- Attractive premises with room to grow
Terms of settlement:
10% deposit to be paid on signing of an unconditional contract, balance on settlement.
Rare opportunity to acquire an established practice with further opportunities to expand. Ideal for an experienced operator.
Asking Price: $820,000 + SAV
Property Code: 4133
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