General Medical Practice -Sydney South West
Family Medicine Practice for Sale
URGENT SALE – This long standing family medical centre is located in South West Sydney. Close to major transport links including bus and rail just a few hundred metres away. Practice consists of 8 consultation rooms and receptions area. Due to a change in circumstances, the owner needs to sell this practice and is looking for a fast divestment. Billings in the 2019/2020 year were approximately $2,100,000 for the year. The seller accounted for around 45% of this total and will not continue working at the site. The other incumbent staff have indicated that they will remain. Priority will be given to buyers that can show that they are in a financial position to complete a transaction without needing to seek bank finance as this will cause significant delays.
Staffing consists of
- 1 x Full Time GP
- 1 x Part Time GP
- 1 x Final Year GP Registrar
- Visiting Psychiatrist and General Surgeon
- 2 x Clinical Psychologists (Part Time)
- 2 x Psychologists ( Part Time)
- 1 x Podiatrist (Part Time)
- 2 x Physiotherapists (Part Time)
- 1 x Exercise Physiologist (Part Time)
- 1 x Part time hearing clinic worker
All the above are being paid a percentage of their takings each week.
Other Key Points
- Practice is AGPAL Accredited
- Practice nurse currently on maternity leave but due to return
- No Pathology subtenant in place however this can be implemented
- Long lease terms (Freehold property is not for sale)
- Experienced reception staff
- 90% Bulk Billing – 10% private
- Best Practice Software in place
The practice is open to sensible and serious offers. Buyers should be able to show as part of their application the willingness and approved finances to complete a fast transaction.
No information provided until a Confidentiality Agreement is executed. Please complete the Confidentiality Agreement below
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