General Practice Sales in Melbourne | GP Business Brokers 

As experts in general practice sales in Melbourne, we have assisted hundreds of owners with a range of general practice sales since 2014. If you are looking to sell a GP practice or seeking the assistance of general practice valuers we can provide you with the expertise you need for general practice sales.

How We Can Assist With General Practice Sales In Victoria

Getting The General Practice Appraisal Correct

Since 2014 our firm of general practice brokers has been appraising, valuing and selling general practices across Melbourne and Victoria. We have sold a range of general practices from smaller solo and duo general practice sites to large multi location general practices. These have been across all suburbs with various models of billing and subtenancy arrangements. This has provided us with an extensive range of market evidence of general practice sales in Melbourne and across Victoria and the results achieved across varying internal and external metrics. We can therefore provide in the first instance the most accurate general practice appraisals that are evidence backed so you can be sure that the price on your general practice reflects its real market value.

Preparing Your General Practice in Victoria For Sale

As part of the general practice appraisal process and in preparation for listing we will call for a range of specific inforamation that allows us to accurately value your general practice as well as prepare it for listing. This is information usually requested by all general practice buyers and includes but is not limited to

• financial accounts
• balance sheets
• location
• number of full time equivalent GP’s
• reliance on owner
• gross billings
• subtenancy rent
• lease on premises
• accreditation
• bulk billing  / mixed billing ratios
• government incentives
• DPA and MMM zonings
• registrars

Finding You Right Buyer When You Sell A General Practice

On all our general practice sales in Melbourne and Victoria we pride ourselves on finding the right fit for our clients. We understand that selling a general practice is not always just about the price. There are other equally important aspects such as post sale employment negotiations or departure to retirement. To date, approximately 95% of our general practice sales have been between general practitioners and not corporate firms. We source our GP Clinic buyers from a range of areas including our database which has been building since 2014 and also through a range of confidential marketing across a diverse range of commercial websites, social media, banks and other networks. Having a broad spread of marketing is key to source the most active current buyers who are looking in the moment for general practices for sale in Melbourne or Victoria.

Registered General Practice Valuers

Apart from running general practice sales in Melbourne and Victoria, we are also Registered Business Valuers (RBV). This means, we have the qualifications, experience and registration to perform general practice valuations. Practice valuations are different to appraisals.  Appraisals are “estimates of price” often known as “back of the envelope calculations” while they can still be accurate, an appraisal is not a legally structure document written for a specific purpose or against a framework. As general practice valuers, our reports are robust, detailed and defendable. They are written in accordance with the International Valuation Standard Council guidelines. Valuations can be used for such purposes as family law court, partnership disputes, associate buy in / buy outs, assessment of practices for purchase and tax office requirements. General practice appraisals cannot be used for these purposes, any agent, broker or salesperson can write an appraisal without the need for specific qualifications or education. Valuations can only be produced by valuers that have qualifications, education and experience in valuing businesses.

Sell a General Practice – Our Process

Our general practice sales process in Melbourne and Victoria is methodical and streamlined and includes the key points of

• general practice appraisal
• preparation, marketing, listing
• vetting enquiries for the right fit
• negotiation of price and other terms such as exit
• due diligence
• contracts / finance
• settlement

We use for all our general practice sales in Victoria and Melbourne a secure dataroom that holds all the commercial information on your general practice. This only allows vetted buyers entry under password consditions. The buyers cannot print, download, email or copy any document or piece of information about your general practice. This ensures confidentiality and you can be sure that your general practice details are not being disseminated to other parties.

For an in depth overview of our general practice sales process you can visit our process page tips on selling your general practice here

Licenced Business Agents and Professional Association Members

We are licenced business agents  in Melbourne and Victoria and this allows us to particiapte in general practice sales in these areas. We are also members of the Australian Institute of Business Brokers. This is the leading professional association in Australia which ensures that we keep to a gold standard of practise by undertaking ongoing CPD and training to meet our registration and accreditation requirements.

Who Will Sell Your General Practice in Melbourne or Victoria?

Most practice owners only sell a general practice once. To ensure that you get the best outcome with a professional, experienced and confidential service. Contact us for a conversation about how we can assist you with general practice sales in Victoria and Melbourne.