Mixed GP business + bldg selling in Newcastle. DPA

Newcastle NSW
Asking Price $255,000
Categories
About
* Underutilised busy clinic needs more Drs!
* 90% priv billings ($95 - Item 23 + $145 for a level C & a rebate for pensioners (Recent rate inc)
* 3-5 new pts/wk

Est 2018, the GP is keen to retire so will negotiate a transition period w/ new owners! He & his wife work in the practice & are supported by a P/T GP to manage their GP, skin cancer & mental health pts. 3x CR's + 2x Tx rms, where 1x of the tx rms could be a nurse/path/reg rm if there was another dr in the clinic & the buyer wanted to support drs in training. W/ ramp & wheelchair access to the clinic, there is also a bathroom + a staff kitchen. There is plenty of public transport + parking for the staff & pts.

Currently open 4 days/wk (Mon to Thurs), the clinic is well located next to a major interchange, so the clinic is not short of pts! W/ 2x car parks attached to the bldg, a new business operator can buy or lease the bldg. The vendors will transition all of their GP pts across eventually to retire & the psychologist may continue for a period if reqd by the new owner.

The P/T admin works about 15-20 hrs/wk. Rent is only about $55K pa ++ & the lease is ongoing. There is no path sub-tenant but if there were 2x GPs then there is space to get path in-house. This clinic would suit an OTD still restricted by 19AB of the health act but must be fellowed as it is MMM1. 

Team:
* GP 2 -  just returned from mat leave 1 day/wk
* Locum GP: occasionally does a few days locum to cover annual leave on 70%
* Owner GP - Wks 3 to 4 days/wk - + will stay on 1- 2 days if reqd @ 70% 
* Psychologist - Wks 3 to 4 days/wk @70% (Tues to Thurs) + will stay on 1- 2 days if reqd @ 70% 
* Audio Clinic - uses the rooms on a Friday (1-2/month at $250 a day + GST.)
* Visiting clinicians - med directions & medicines legale (1-2/month at $250 a day + GST)
* PM - 3x days/wk

 

Accredited til Dec 2025, under cover car parks come w/ the bldg. There is a loading zone out the front of the practice where an ambulance can pull up. Site visits after hrs or when the clinic is closed as mutually agreed and convenient.

Enquire now here: https://xxxxx-for-sale/listing-enquiry/?listingid=3718cc6f-776f-429f-ac22-66b85f2e6e2e

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

Some details of this business are confidential & disclosure is subject to completing a CA & the discretion of the broker.

Purchasers are required to make their own inquiries in order to verify the information provided.

Ref: NSW11018

[p]
Ref: NSW11018
Timestamp: 20240426090003
Ref Num: 117-NSW11018
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