SYDNEY INNER WEST- GP PRACTICE AND PROPERTY SALE
Long-established family practice of some 45 years with great local reputation.
Situated in a prime commercial shopfront on the main street, with restaurants and cafés adjacent.
The surgery is very well-equipped, consisting of:
• 2 Consulting Rooms, one with own treatment alcove and toilet.
• Waiting room/receptionist area and office
• Patient / staff toilet
• Storage room and office
• Secure parking at rear for two cars.
The first floor offers residential space in a one spacious one-bedroom unit ,set up, which could be converted to further practice usage.
Operational Details
• Work Format: Principal undertakes broad based GP and Work Cover cases and service 6 Aged Care facilities.
• Systems: Fully computerised using Medical Director and Pracsoft software. Hot Doc for appointments.
• Staffing: Excellent staff of 2 permanent PT casual receptionists and permanent PM( principals’ wife).
• Current Capacity: Principal is a full-time working GP covering only Monday to Friday 9am – 6pm; primarily appointment based with some walk ins.
WHY YOU SHOULD BUY THIS PRACTICE::
Principal GP will stay on with the buyer to assist in the transfer of practice goodwill and the patient base.
Growth and Revenue Potential
• Expand Clinic Hours: Currently only opened Monday–Friday, leaving vast growth potential to expand clinic hours/days and increase revenue and profit.
• Scale Operations: Expand to 3 FTE GP family practice, increasing annual gross billings, without any problems.
• New Services: Introduction of specific subspecialties such as skin cancer or cosmetic procedures, currently not being done.
• Pathology: Pathology could be added on-site, contributing subrental income and providing additional patient convenience.
Strategic Advantages
• Recruitment: Easier to recruit GPs to this Sydney location as it’s close to where many potential GP live and would like to work close to home.
• Value for Investment: Very inexpensive purchase, with a practice asking price of $385,000, considering the current revenue and practice characteristic/set up.
• Property Ownership: Great opportunity to own property with commercial downstairs and residential upstairs, no landlord.
Further details contact Chris Babich on 0416132366 or email chris@babichmedicos.com.au ,
Australian Babich Medicos , Leaders in Practice sales , Valuation and GP Recruitment.
DISCLAIMER; The information contained in this listing is provided for general information purposes only and does not constitute legal, financial, investment, or professional advice. While every effort has been made to ensure the accuracy and reliability of the information provided, no warranty, representation, or guarantee is given as to the completeness, accuracy, or suitability of the information.
All interested parties are advised to conduct their own independent inquiries, investigations, and due diligence, and to seek appropriate professional advice before making any decision or taking any action in relation to the business or property described.
The publisher, agent, or seller accepts no responsibility or liability for any loss, damage, cost, or expense incurred by any party as a result of relying on the information contained in this listing. All details are subject to change without notice and may be withdrawn from the market at any time
