Summary
Thriving paediatric therapy practice with a clinic based in Melbourne North-Eastern suburbs. Offering mobile & clinic-based Occupational Therapy & Early Intervention services.
Revenue
$580,000 pa
Rent
$25,000 pa
Expenses
$330,000 pa
Net Profit
$250,000 pa
Location Details
Melbourne North-East
Our Melbourne clinic is based in Box Hill and includes a long-term recurring lease on a shopfront on a quiet street with off-street parking. This includes a fully equipped Sensory Gym, three treatment rooms, a waiting room, kitchen and two toilets.
Potential
Currently two OTs and one admin staff with potential to expand. Two office rooms currently unter-utilised are set for expansion by employing, leasing to or sub-contracting other aligned Allied Health practitioners. The internal fit out has potential to be changed or renovated to add additional treatment rooms, with architectural drawings of current layout already completed and included.
Skills
We are renown in the are for providing a high standard of therapeutic care to children and families. Our Sensory Gym (indoor playground) is unparralled in size and equipment available and is highly appealing to clients.
The business continues to receive ongoing referrals through established networks with other Allied Health practitioners, GPs & Paeds, medical centres, NDIS co-ordinators, parents, local schools, Kindergartens and our website.
Hours
Open Mon - Sat 9am-6pm.
Lease
3 x 3 x 3 long-term stable commercial lease, continuously renewed since 2019. Privately owned building.
Employees
Three part-time employees with a total of 2.4 EFT with plenty of space in clinic to expand and take on additional staff or contractors.
Reason for Sale
Owner relocating.
About the Business
The business has a positive reputation that has been established in the local area since 2010 with a large client base and referral network. Our current staff members are fully booked, with a substantial waiting list and guaranteed ongoing revenue.
This business is a turn-key practice currently operating and ready to step into with a shop fit out, existing staff, fully equipped treatments rooms & Sensory Gym (indoor playground), referral networks, website, branding, and all booking & invoicing systems already in place.
We currently primarily provide paediatric OT services including assessments and intervention for children aged 2-18 years. The practice has previously and has capacity to expand to also provide early intervention services, Speech Therapy, Psychology, Counselling & Play Therapy via additional employees, sub-contractors and/or contractors hiring rooms at the practice.
Our fully equipped Sensory Gym is unique and one of the largest in its kind. It is highly appealing and a big drawcard to our paediatric clients and parents. Its contents are included in the sale, valued between $30K-40K:
- Rock climbing wall
- Indoor zip line
- Load bearing steel ceiling beams and multiple suspension points for swings
- 10+ various swings
- Large lycra hammock
- Large ball pit & balls
- Climbing frame, slide and ladder
- 12 x gym standard Hart brand safety mats
- 4 x foam crash pads
- Large number of soft toys, sports equipment, games & therapy supplies
Other equipment in waiting room and treatment rooms
- 4 x tall storage cupboards with sliding doors
- 2 x height adjustable table
- 2 x folding 1.5M long desks on wheels
- 8 x office chairs on wheels
- 3 x kids tables and chairs
- 4 x laptop computers, 1 office monitor and keyboar for admin
- 2 x 8 cube IKEA storage units
- Possum play couch
- 8 x white waiting room chairs
The business sale will include the full shop fit out valued at approx $80K which includes:
- 2 x separate lockable offices 8.7m2
- 1 x waiting room 10.3m2
- 1 x reception area 8.3m2
- 1 x Sensory Gym 42m2
- 1 x Treatment room with kitchenette 24.6m2
- 5 x AC heating/cooling units, one in each room
- 2 x separate toilets, one indoor at front of clinic and one at back of clinic
- A securely fenced garden area, approx 30m2
- Street front signage and window branding
The business continues to receive ongoing referrals through established networks with other Allied Health practitioners, GPs & Paeds, medical centres, NDIS co-ordinators, parents, local schools, Kindergartens and our website.
History
The business was established in 2010 prior to NDIS by an individual OT, relying on private clients and Medicare referrals. It was sold to a new owner, also an OT, in 2019. The business has since expanded with additional staff and revenue greatly increased, with 90% of clients now accessing NDIS funding and a large waiting list.
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