Buy a Huge GP clinic

About this Business for sale in Albury

Seeking EOI over $500K 

Est 2012 w/ a highly professional culture, this desirable clinic is for sale! In a relatively new bldg (13/14 yrs old) it is MASSIVE – 10x CR's, massive training rm (could be used for NDIS or yoga/Pilates w/ rear access), tx rms x3 each w/ 1x bed, 2x nurses rms (1x/ RN), lge waiting area for 30+ pts waiting to be vaccinated. Dedicated skin cancer area w/ change rms (4 rms in total). Ownership currently just 2x fin yrs. Selling for health reasons. 

No path onsite as the landlord owns the bldg across the car park where the path has exclusivity for the whole site. Pharmacy nearby.

Sub-tennants:

• Podiatry – 2x days/wk (may inc to 3) = $12K pa rent
• Hypnotherapists x2 – 1/2 day/wk for $80/wk
• Dietitian 
• Dermal therapist/nurse 

Dr's

• 7x drs or 5.25 FTE – VR GPs can provide supervision for OTD's on PEP onsite (not regs), other drs under (remote) supervision currently at level 3
• F/T + P/T Drs, on average 3 to 4 days/wk 
• 70/30 for established drs (newer Drs on 65/35)
• Male & female
• None retiring
• Owner is not a Dr so no lost income at settlement 
• Kids in schools so stable cohort

Aged Care support

• Suburban + nearby residential aged care facilities supported on a regular basis by drs from this practice 

Software

• BP for PMS incl embedded AI for pt notes, Cubiko for dr disbursement & reporting, HotDoc for online bookings, Xero management software

Marketing 

• Modern easy to use website, social medial incl FB, highest rated clinic in the area (just under 5 out of 5), word of mouth, street advertising, sponsorship for sports teams, Drs networking through the Murray PHN 

Billing

• BB for those that can't afford to pay otherwise MB
• Sat  all private  

Hours

• Mon to Fri 8.30am-6pm 
• Sat 8.30-3pm

Accreditation

• Recently completed w/ QPA, due in 2028 
• Getting WIPS + PIPs

Team

• PM – F/T
• Admin – 2x F/T + 4x P/T or cas 
• RN's – both F/T doing CDM, health care plans, wound dressings, blood collection for Clinical Labs, vacc on & off site, Q-Fever injections for the meat workers + abattoirs, workers comp, PEM's, ordering & equipment maintenance etc
• Med students yrs 3 + 6 via Uni of NSW Medical School via their Albury campus

Turnover

• Projected to be about $2.4M in FY25 w/ profit around $130K 

Site visits to be scheduled AH's. Online meetings an option! All inquiries will be handled w/ the utmost confidentiality to protect the privacy of the current staff & operations. Purchasers are reqd to make their own inquiries in order to verify the info provided.

Broker: sally.stuart@linkbusiness.com.au

Listing: NSW11699