No more enquiries ... we're going to contract!

Highlights of the business:

- Shopping centre based w/ 3 hrs free parking onsite
- Travelator +/or lift access for frail/elderly pts
- Walking distance to train station
- SWPE = 2,111
- Multi-disciplinary
- 3x Drs (2x F/T  & a locum - 70/30%)
- 7 CR's & a path rm
- Really lge waiting area & a reception for 2x admin

2023 billings were $990K + 2022 were $790K so on a growth trajectory post COVID. Woolworths & ALDI as head tenants so busy pedestrian foot traffic past the entrance. 

Vendor subleases this space from his neighbour the dentist; not directly through the centre m'ment. The next term for the incoming business owner is undergoing a market appraisal proces with a state retail lease appraisal specialist to arrive at the rent for the next 10 yrs, as per the process within the lease. Outgoings (approx $60K). They will offer a 10 yer lease. His neighbour on the other side is one of the head tenants so LOADS of pedestrian traffic past the door.

Now a mixed billing clinic, with some private pts w/out a M/Care card. Path pays $80K pa + there is an audiology subtenant. Podiatrist + dietitian pay 70/30% fee split. There is visiting Physio + EP. VMO Geriatrician wks 1 day/month.

Accredited in Jan '23 so no need to do this until Jan '26

Services offered:
* Men's + Women's Health
* Antenatal & Postnatal Care
* Health Assessment for over 75
* Immunizations + Travel Vaccines
* Cryotherapy
* Minor Surgeries
* Workers Comp
* Diabetes M'ment
* Pap Smears & Family Planning

 

The team at this practice believe in a collaborative approach, integrating their services with specialists and other allied health professionals:
* 1x F/T lady doing the reception & PM duties
* 4x (cas) admin to assist as reqd
* 1x nurse (cas) wkg 9-2.30pm

 

Site visits may take place after an online meeting w/ the owner, after hrs when the practice is closed to maintain pt & team confidentiality; during the shopping centre hrs, or on Saturday's before 1pm or after 5pm.

Vendor is seeking $300K ONO for a quick sale!

Vendor will stay on a part time basis post settlement if required and suitable terms are negotiated with the new business owner. 

Broker: Sally Stuart
M: xxxxx
E: sally.xxxxx

Ref: NSW10973
Ref: NSW10973
Timestamp: 20240327120003