Substantial Medical and Dental Practice - SE Suburbs (Melbourne)
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
Business ID: BS8257
Turnover Exceeds $1 million with EBITDA of over $200,00
This medical and dental practice occupies a two-storey building in a prominent location opposite a well-known shopping centre in Melbourne's south east. There are 16 on-site parking spaces and additional parking in the side street. The medical and dental practice are at opposite ends of the ground floor with 4 consulting rooms and two dental chairs respectively. A designated pharmacy is currently used as a store and could be re-instated as the practice grows.
There are 4 doctors, full time nurse and two part time dentists with plenty of room to increase practitioners and extend opening hours.
The upper floor has a fully equipped theatre and 4 other rooms and is accessed by a new lift. There is a long-term lease in place with rent off-set by pathology and allied health.
The owner is willing to stay with the practice to ensure a smooth transition.
-Substantial building with room to grow
-4 doctors, 2 dentists and supporting staff
-Excellent location with easy access by public transport
-Strong financial performance
-Long lease in place - rent off-set with rental income
-Owner will stay on for smooth transition
10% deposit on signing of contract and remainder on settlement
This is a wonderful opportunity to purchase a practice with plenty of upsides. Suitable for corporate or individual buyers.
Asking Price: $800,000 plus SAV