Business DescriptionFor sale is this long established family medical practice located in the Inner West suburbs of Sydney. It's time now for the practice Principal Doctor to retire and hand over his patients to an incoming practitioner to look after. The incumbent principal will leave the business at the point of sale after a handover of patients and operations as agreed with the purchaser.
Within 10km of the CBD and close to main transport links, this practice has been in operation for 3 generations of family doctors. Servicing the local community of families, elderly and children a GP looking to practice family medicine in a non corporatised environment would be ideal to take over the patient base.
The surgery is in a stand alone building located in a residential street. It consists currently of 2 large consulting rooms that are also used as treatment rooms and there is sufficient space in the floor plan to easily add a 3rd consulting room into the business by converting a current large office space. The retiring Principal works full time 5.5 days per week and there is a second associated that works 2 days per week. Thus, the second consult room has currenrly a 3 day a week vacancy. With a new room added, the consulting hours in the practice could be doubled.
Closed books for over 10 years and a minimal marketing effort this practice is self generating in its consistent patient goodwill however there is significant scope to open the books and billings.
Modern patient management software and integrated billing systems, accredited until 2021, with 2 off street parking spaces and ample local parking including council zoned disabled parking on the street front.
The Principal is interested in hearing from practising GP's that are keen to acquire this business and take over his patients. The business is not suitable for investors.