Summary
Modern Upper Mount Gravatt dental practice with established patients, quality fitout and equipment, plus approved expansion to 4 surgeries. Walk in and operate from day one.
Location Details
Prime Logan Rd location in a modern medical precinct near Westfield Mt Gravatt. Lift access, on-site parking incl. dedicated patient bays. Surrounded by GP, pharmacy, pathology, radiology and allied health services.
Potential
Significant growth opportunity through increased utilisation of the existing facility. Currently operating from one fully equipped surgery, with the premises designed and approved for expansion to 4 surgeries. Approx. 700 registered patients, established digital presence and active new-patient marketing. Ideal platform for an owner-operator, existing dental group or healthcare operator seeking a Brisbane southside location without the cost and delay of a greenfield setup.
Skills
Suitable for a dentist seeking practice ownership, an established dental group looking for an additional location, or a dental/healthcare operator wishing to build a multidisciplinary clinical team. The practice is fully operational with established systems and infrastructure. Incoming ownership can retain or adapt the existing service mix and develop the practice according to their own clinical and business model.
Hours
Currently Mon–Fri by appointment. Operating hours can be expanded by incoming ownership to 7 days.
Lease
5+5 year lease commenced July 2023. Current rent $10,162.97/month. Full lease details available under NDA.
Employees
Currently owner-operated by principal dentist and practice manager. Sale is structured as an owner exit; purchaser is free to establish their preferred clinical and staffing model. Potential dentist candidates may be introduced if required.
Reason for Sale
After establishing and developing the practice, the owners have made the decision to exit practice ownership and pursue other priorities. This is a genuine sale, not a partnership or investor proposal. The vendors are seeking a straightforward transition to new ownership and are open to discussing a practical handover arrangement to ensure continuity for existing patients.
About the Business
An opportunity to acquire a fully operational, modern dental practice in Upper Mount Gravatt, allowing an incoming owner to step straight into private practice without the cost, delay and uncertainty of establishing a new clinic from scratch.
Opened in late 2023, the practice was professionally designed and fitted to a high standard, with modern equipment purchased new at establishment and owned outright.
Currently operating from one fully equipped surgery, the practice has approximately 700 registered patients and an ongoing new-patient flow. The premises were designed and approved for up to four surgeries, providing substantial capacity for expansion as demand and staffing grow.
The practice includes:
Fully equipped operational dental surgery
High-quality contemporary fitout
Modern equipment owned outright
Approx. 700 registered patients
Established website, online booking and digital presence
Strong Google review profile
Active patient-acquisition marketing
Established local and professional referral relationships
Excellent Logan Road exposure
On-site patient parking and lift access
Location within an established medical precinct
Capacity and approvals for expansion to four surgeries
The fitout alone originally cost approximately $352,000, with more than $200,000 subsequently invested in major and small equipment, instruments and other practice assets.
This represents an opportunity to acquire a ready-to-operate dental platform substantially below its replacement cost, rather than undertaking the significant capital expenditure required to establish a new practice.
Genuine sale – owners exiting
The vendors are not seeking an ongoing management role following settlement. However, they are open to a mutually beneficial transition arrangement, including limited clinical involvement where appropriate, to support continuity of care for nominated existing patients and a smooth handover.
The asking price is $250,000, with reasonable flexibility around price, terms and transition arrangements depending on the overall transaction structure agreed between the parties.
This opportunity may particularly suit a dentist moving from associate work into ownership, an established dentist seeking an additional location, or a dental group seeking a Brisbane southside presence.
Genuine enquiries only. Confidential financial and operational information is available to qualified purchasers following execution of a confidentiality agreement.
History
Established in October 2023 as a new independent dental practice, Renew Dental Lounge was designed from inception to accommodate future growth from one to four surgeries. The owners initially anticipated expanding the clinical team as the patient base developed. Growth has been slower than originally forecast, leaving significant unused capacity for an incoming owner with a different operating model, larger clinical team or existing patient/referral network.
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