Sold! Medical Practice With Excellent Revenue,fifo Option – Tropical Qld

Business ID: BS146370

$294,427 net income for 2022 for 45 hours per month work with $800,000+ potential for a full-time practitioner and further opportunity to upscale the practice with multiple doctors. Try before buy option with Guaranteed income

Weipa is RMA 7 remote regional- (highest possible incentive payments) Far North QLD mining town. A relatively young town with an average age 35 years. The population is about 5000 people with approx. 1500 indigenous.

This practice offers general practice and occupational health services. It is fully Private practice and does not offer any bulk-billed service, no after-hours, no weekend or no emergency services which offer a great lifestyle.

-Affluent town with younger population, Additional remote allowance for being in the location
-Weipa is RMA 7 remote regional, which is great for young families, provides a concession for ATAR scores.
-Good database and regular clientele, majority of clients come from onsite mining companies
-Current doctor works on average 15 hours per week, current revenue of approx. $25,000 per month and, with 45 hours a week it could easily achieve $800,000+ revenue per year. This practice generates an hourly rate of approx. $350 to $400
-Further, there is a great opportunity to increase doctors, services, bulk billing and hours of operation to scale up the practice. The current doctor had a larger practice till December 2020 with 4 doctors and moved to this premises for a better lifestyle
-The clinic is a digital clinic with all records kept online, including prescriptions and referrals offers less paperwork and reduces time to deal with paperwork.
-Supervision available from the current doctor for an incoming trainee doctor if required
-Try before buy option with guaranteed minimum NET income of $300,000 per year for 20 hour per week work with total price at $150,000

Ideal buyers for this business could be doctors with FRAGP qualifications, with or without experience. Additionally, greater opportunities exist with qualifications in sports injury, but it is not a requirement to operate this practice.

This business is suitable for a new doctor, family and those seeking a good lifestyle with excellent earnings. Premises are available to purchase optionally.

Asking Price: $100,000 + GST if any (including Goodwill and Equipment)

Property Code: 2432