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, offering an incoming owner the ability to step directly 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. Major equipment was purchased new at establishment and is owned outright.
The practice currently operates from one fully equipped surgery and has approximately 700 registered patients, an established website and online booking system, strong Google review profile, active patient-acquisition marketing and established local and professional referral relationships.
The premises were designed and approved for up to four surgeries, providing substantial capacity for an incoming owner to increase utilisation and expand the clinical team as demand grows.
Located on Logan Road in a modern medical precinct close to Westfield Mt Gravatt, the practice benefits from excellent accessibility, lift access and on-site parking, including dedicated patient spaces. The surrounding precinct includes GP, pharmacy, pathology, radiology and allied health services.
The practice fitout originally cost approximately $352,000, with more than $200,000 additionally invested in major and small equipment, instruments and other practice assets.
At an asking price of $200,000, this represents an opportunity to acquire the infrastructure, equipment, existing patient base and operating platform of an established dental practice for substantially less than the cost of developing a comparable greenfield facility.
The opportunity may suit a dentist ready to move into practice ownership, an established practice or dental group seeking an additional Brisbane southside location, or a dental/healthcare operator looking for an established clinical platform with significant growth capacity.
The vendors are not seeking an ongoing management or clinical role following an agreed transition. Reasonable offers and transaction structures providing a straightforward settlement will be considered.
Detailed financial, equipment, lease and operational information is available to genuine 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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