Family Medical Practice For Sale Newcastle / Lower Hunter Region

UNDER CONTRACT


Family Medicine Practice for Sale


Business ID: LH 0473

Location: Newcastle / Lower Hunter Region


For Sale is this multi FRACGP practice located in the Lower Hunter / Newcastle Region of NSW ( NON DPA). With a range of GP’s working a mix of hours as well as subtenants including Pathology, Psychology and Dietetics. This mixed billing practice shows great returns for the current part time working single GP owner. Reason for sale is due to interstate relocation however the Principal is willing to remain until around November 2021 if required before leaving the area. The other GP’s within the business are local and provide good stability. It is envisaged that the practice will sell to a working GP or a local GP that has another footprint in the area and can provide some level of staffing cover if needed. The practice is accredited, has good parking both off street and on kerb as well and as having experienced reception staff and nursing staff.  There is an incumbent practice manager also that could be retained or released depending on the needs of the acquirer.  Freehold premises are also for sale by separate negotiation to the business purchase price as per independent commercial market value.

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