Location:
Sydney - Greater > New South Wales
Investment level:
$3,500,000
Type:
Business
Industry:
Health, Beauty & Fitness > Health & Medical
Speech therapy and Occupational Therapy (OT) work together to help children with communication, fine and gross motor skills, sensory processing, and independence in daily activities. Speech therapy fo
Why buy thisexceptional paediatric allied health business?
- 20+ yrs in business puts itat the forefront of innovation in healthcare
- Profitable before NDIS &still growing year-on-year
- Very stable team invested in the achievements of the clients
- Excellent reputation in thecommunity w/families traveling long distances for theincomparable support provided
Retirement, grand kids + travelingwithout a care in the world are the reasons this owner is seeking to find the perfect buyer to carry on this acclaimed business! Ideally the legacy, under new leadership(which will be aligned w/ the core leadership values of theclinic), will thrive. Theoutgoing owner is happy to provide consulting or ad hoc support to the new owner to ensurethis occursfor up to a yearon the same basis as is currently worked, being a day a week in the office. Vendor does very little in the business &hasn't supported aclientin 3 yrs.Current duties include liaising w/thesolid leadership team,over-sighting payroll +end of month finances
Participants/clients
- Clinic base currently 85% NDIS, down from 93%
- Increasing proportion of private billing to providebilling flexibility
Team
- 27x employees all on open ended contracts incl4x admin, 9xF/T OT's, 10xF/T speech therapists + 4xcasAHA's
- Agreat VA provides ongoing vendor support
- No-one works Fri afternoon or takes work home; so great work/life balance for all!
- Ideally team will stay on with the new business owner
Financials
- T/over in FY25 was$3.4M+EBITDA$1.17M
- Year on year profit due in part to the strong relationships w/nearby schools as a result of being a preferred service provider for several decades
Rent/Lease
- $23k/month
- 5x5x5 yr lease (now in the 3rd year of the first 5-yr term)
- Team parks safely underneath the building w/14carparks linked to the lease
- Bond is 2x months' rent + GST
Space
- Relocated into new location in 2023 with abrand new, custom-designed fit out
- Massive interactive spaceallows for exponential improvements in children's learning &understanding in an environment supported by all therapiststogether w/parents/support workers
- Plenty of nearby parking for everyone as families can use a nearby massive supermarket car park
Ideal buyer
- Must sharethe same values/ethics as the current owner &be aligned w/theculture of the practice
Site Visits
- May take place as mutually agreed, ideally on a Fri afternoon or after hrs/weekends to maintain the confidential nature of the sale
Broker
- Sally Stuart
- [email protected]
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