Adelong, New South Wales 2729

DPA. Growth Corridor. Selling This Financial Year!

For Sale | $300,000 Freehold available - $1.9M

Medical

• Real estate also for sale at $1.9M ONO
• Accredited GP training practice + suitable for all PEP candidates
• Located in a growth corridor so scope to grow this clinic

This regional NSW Medical & Dental Centre is able to cover a wide range of services, having trained nursing staff, modern equipment and procedure rooms. The clinic is close to a large retirement village + next door to a university.

The practice is in an enviable position with income from the path more than covering the current rental payments. A chemist dispenses from this location but there is no rent going to the practice owner. There are allied health onsite, with 1x spare CR, thus the option to add additional services. The Dental room (currently not being utilized) has an adjoining steri-room plus Molecheck is available for the GPs at all times.

There are 2.5x FTE GPs remaining, w/ 1x F/T reg, a p/t GP in the PEP programme & a F/T VR GP as the supervisor. The reg has been there since 2019 and is year 3. Drs billings are 70% (VR), 65% and 50.5% + Super (Registrars). The clinic is accredited til Oct 2021 and with a FT RN on site, it is getting govt incentive payments for WIPS, PIPS, and SIPS. All pt files are soft, with the practice using BP.

There are 4x CR's, a combined nurse/tx rm & a dental chair. With high pt demand, they are undergoing a surge in pt no# as they are close to the university & a new residential development. There are 2x new suburbs locally which are growing quickly with many new young families moving into the area with no doctor.

Hours: Weekdays => 8:30am5:30pm, Sat + Sun = Closed so plenty of potential here to extend the hrs & increase the income and therefore the profit. Approx SWPE no# are 1900, so additional local marketing to the uni and the new residential community will certainly bolster this.

View the video here: https://vimeo.com/user1063334/review/438446134/42900a011b

The owners also own the building which is on the market for $1.9M and must be sold with the business ($300K) making the whole transaction currently listed for sale at $2.2M.

To enquire on this business visit  https://linkbusiness.com.au/businesses-for-sale/ca/NSW08879 and click on "enquire now"

Ref: NSW08879

Sally Stuart
Business Sales Consultant
Phone: + 61 2 9899 1999
Mobile: +61 437 082 045
Email: sally.stuart@linkbusiness.com.au

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF
Ref: NSW08879
Timestamp: 20210423030137

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Sally Stuart

LINK Sydney

Overview

This Medical Business is one of 20 businesses for sale in Canberra, New South Wales, and one of 2 Medical Businesses in this region that a business for sale currently has on offer. This Medical Business is for sale in Canberra for the asking price of $300,000 Freehold available - $1.9M and has been marketed for a while and is definitely worth another look as it is sure to be snapped up soon..