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Freehold sale | Liverpool Iconic GP clinic w/ 1x b/rm u...

Business for Sale
Abbotsbury

Large corner block of land with a 8 car parks onsite, 4x CR's, an x-ray room which could become path and a large waiting area and reception take up the group floor. Upstairs is a 1-bedroom unit which

Price $825,000

Freehold sale | Liverpool Iconic GP clinic w/ 1x b/rm upstairs

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Large corner block of land with a 8 car parks onsite, 4x CR's, an x-ray room which could become path and a large waiting area and reception take up the group floor. Upstairs is a 1-bedroom unit which could be subleased to a residential tennant or alternatively reconfigured with a small lift to become allied health/dental for the MC patients. 

The valuation has been unertaken most recently by a local commercial real estate with an indication of value being between $2,250,000 - $2,500,000 (excl GST).

The GP owner would like to stay til Xmas and then finish up working, currently only doing 3x part days being 9-12 then 2-5.30pm 3x days a week. He'll transition with the new owner for 2x sessions a week for 12/12. His last financial year had total income of $250K, and previously it was $300K. this is a mixed billing clinic with a loyal patient base, with one family having 4x generations being seen and treated by the same GP. 

His P+L's don't have a rent payment, so profit looks like more than it really is, as the same entity owns the freehold and the business. There is equipment that will be included in the sale that are still used by the practice and other equipment that is not, such as the X-ray machine. This can be included in the sale or removed. In addition to working at the clinic as a GP, he is also undertaking plastic surgery at a an accredited day hospital once a month plus undertaking minor procedures such as skin cancer work. On Fridays, the GP visits elderly residents at a nearby retirement village/hostel/hospital. 

Listing ID: NSW09341

Brokers: Sally Stuart, 0437 082 045 + sally.stuart@linkbusiness.com.au 

To complete an online confidentiality agreement visit this business and enquire now at: https://linkbusiness.com.au/businesses-for-sale/ca/NSW09341

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF
Ref: NSW09341
Timestamp: 20200206070038

Contact Seller

Contact: Sally Stuart
Phone: +61 2 9899 1999
Mobile: +61 437 082 045

Bsale ID: 256690
Agent ID: NSW09341




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