Accredited + established GP clinic for sale in Melb (Non DWS)

7 days ago

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Internal Ref: NSW09024

Summary

Bay Street Medical is a private billing clinic. Opening Hours are Monday to Friday: 8:00am to 6.30pm, Saturday: 8:00am to 1:00pm, Sunday: Closed

About the Business

Bay Street Medical is a private billing clinic.

Opening Hours are Monday to Friday: 8:00am to 6.30pm, Saturday: 8:00am to 1:00pm, Sunday: Closed

8-9 CR,s + optical plus dental
EBITDA of $1M so looking for a 3.5x profit multiple
New GP joining soon + room for more
Owner taking a $150K director fee
Rent is $250K ...neg as the current GP owner owns the freehold
Path income is $97,860
Free undercover car park
Attachments for the practice include:

The excel spreadsheet which is a summary of the profit after add-backs
For your information the current business owner operates through three different entities; hence you see three set of accounts.

1. Adore International PL which collects the rent, runs the dispensary etc.

2. Habibi Health resources PL

3. Pro wellness service trust

Here's the website - http://www.baystreetmedical.com.au/ so that you can see how many drs are at the clinic as well as the services that they offer to their patients.

With regards to the pathology income, it is between $60 to 70k plus GST pa and the owner is currently negotiating a new lease.

Listing ID: NSW09024
Broker: Sally Stuart
Phone: + 61 2 9899 1999
Mobile: +61 437 082 045
Email: sally.stuart@linkbusiness.com.au

To complete an online confidentiality agreement visit this business and enquire now: http://www.linkbusiness.com.au/NSW09024

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

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