Nth Side Bris. 5x Gp Mixed Billing Clinic. No Dpa.

Husband + wife GP owners staying post settlementat least 1x yr, together w/3x other GPs,now billing nearly$3M.Vendors are selling b/c theyare tiredof running the clinic... still lovetheirpatients & arehappy to stay asdrs under a new businessowner!

Highlights
• $2.9 M billings in FY24 without medical reports, vaccines, PIPs WIPs, making a total income of over $2.8M into the practice
• No# of CR's: 7x
• Txrms: 1xlarge rm w/3 beds & 1 small rm w/2 beds
• PMS: BP
• Nurses =3x (2x cas + 1x PPT) w/ another cas nurse being recruited
• Admin = 3x reception (hrs variable) + 2x P/TPM's
• No# Drs =5x(3x F/T + 2x P/T) = 4.5 FTE
• P/T GPs get70/30 + F/T GP gets 72.5/27.5
• Medical students = 3x (no regs currently) - $400/day = about $40K additional income for the practice owners
• The vendors want72.5% of their future billings to reflect their capacity as Medical Student trainers
• Each vendor sees 40-50 pts each day
• Both vendors will commit to the new practice owner for12 months post settlement wkg 4 days/wk
• Accreditation audit inOct2024 w/GPA+ so next one in 2027

Additional income:
• The VMO's & allied health pay a fee split to the practice owner of 80/20%or 70/30%, depending on the agreement reached; but no binding contracts in place with any of them


• Dietitian& Orthopaedicsurgeon pay 20% of their billings to the business owner
• Diabetic educator &Gastroenterologist pays 30% of their billings tothe owner
• Starting from 1st July 2024, Mixed Billingwas introduced. As such,a small gap feeispayable by pts

Services:
• Skin Cancer Clinic
• Women's Health
• Orthopaedics
• Gastroenterologist
• Mental Health
• ShockwaveTherapy
• Pelvic Floor Therapy
• Ear Wax Removal
• CDM
• Vacc Centre
• Child Immunisation
• Iron Infusions
• Vitamin Infusion
• Physio
• Travel Vacc

Hrs:
• Monto Fri: 9amto 5pm
• Alternative w/ends: 9to 3pm on Sat &9-1pm Sun

Stats:
• Number of active pts- 28,646
• Total no#of pts w/chronic diseases- 5.111
• The total no#of pts in database- 34,462
• Appointment- STANDARD 15 MIN

Demographic analysis ofactive pts :
• 5 &below= 1377
• 6-15 =4143
• 16-21= 1646
• 22-34 =7555
• 35-44 = 5550
• 45-49 =1684
• 50-75 =5658
• 76+=708

Rent
• $234,390 in 2024 w/ 3% inc each yr
• exp1 Feb 2026 w/ 10 yr option

Vendors seek full price (not negotiable)+may consider vendor finance w/70% at settlement +30% paid over the next 3months.

Broker: XXXXXXXXXX

NB: The purchaser to make his/her own investigations &inquiries in relation to the business ¬ to rely upon warranty or statement made by the vendor or by anyone on his/her behalf.

Ref: NSW11260
Ref: NSW11260
Timestamp: XXXXXXXXXX 3002