Sydney W. GP + Allied clinic. Clinicians staying!
GP Clinic for Sale in Sydney
Asking Price: 500,000
Recognised as a Medical & Dental Centre, the vendor is selling the medical (WorkCover) + allied health practice ONLY. The dental, pathology + pharmacy components of the business will not be sold. They are separate business entities & rent directly from the landlord.
Only 25kms from Sydney CBD, this practice is a state of the art clinic with GPs who service the wider Western Sydney area. Offering online appointments, this primarily BB practice is well positioned to thrive under the right practice ownership.
4x GPs (3x FTE’s) are experts in WorkCover, Mental health, Women’s health & Skin treatments – (1x GP overseas in 2024 + 1x unwell)
All GPs are on 75% except for one on 80%
Director is a dentist, wkg 3-4 days/wk as a PM + a family member does accounts 2 days a week (No wages drawn by either, only trust distribution)
Physio 60%, Dietitian 75%, Psychologist 70%, Chiropractor 60% (the main referrals go to the physio, chiro & Psych as they are the main work cover referral basis & work off the SIRA rates which are significantly higher than basic medicare rates)
x2 VA’s support the WorkCover and use Cubiko
Use Trello, Surgical partners +MyPracticeAp for the pts
Open floor plan incl:
7 CR’s
Path rm (income goes to the landlord – non negotiable)
Kitchen
Bathroom
Reception + waiting
The following are included:
New phones lines, system or PCB
New ethernet
NBN connection
4g back up
IT company to manage services ($1500/month) doing remote & in-person work
BP data base
Everything has been set up taking no shortcuts. The fit out is lovely, the equipment is exceptional & a functional floor plan makes this a desirable practice to acquire. There are 10 visitor parking bays and 6 doctors bays.
The lease for $140K + GST plus CPI + 1% each year increase + a 5 yrx5 yr x5 yr option with a market review at 10 yrs – costs of creating the new lease would be borne by the buyer. Alternatively, the rent will be $160K plus GST inclusive of all outgoings. One month rent free to get settled
This would be an ideal opportunity for a motivated medical professional or great acquisition for an experienced investor. Site visits week nights after closing or on a weekend after 5pm.
Serious vendor encourages offers to settle ASAP!
For more details:
Sally Stuart
email: sally.stuart @linkbusiness.com.au