Beautiful Gold Coast shopping centre GP clinic

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Brisbane Gold Coast 4000 Brisbane , Queensland, Australia

5 1005
$959,000
NSW10674
3 months ago

Everyone always ask me...why is it for sale? No issues around trade restraints here; my vendor is relocating overseas before EOFY

Est just before COVID 19, this modern, well-appointed 10x rm GP practice w/ Cosmetic services is seeking a new owner. During the pandemic, clinics were requested to BB their pts for telehealth; however, the restrictions have been lifted & this practice is now offering mixed billing w/ private billing for those without a pension or healthcare card.

Opening Hrs: Mon to Fri 9am to 5pm (closed w/ends so opportunity to grow this practice)

Google Reviews: 4.8 out of 5 from 168 reviews online means they are doing so many things right when it comes to keeping their pts happy. From the receptionist to the practice principle, these people give great pt service w/ a smile! 

Team:

  • Dr 1 - M/W/F - privately billing (70/30% fee split)
  • Dr 2 - M -> F - privately billing (70/30% fee split)
  • PM – 16 hrs/wk, P/T
  • Admin 1 - 25 hrs/wk, P/T
  • Admin 2 – 1 day p/wk Cas/as needed
  • Nurse 1 –  3 days/wk, P/T
  • Nurse 2 – about to start for 1-day p/w on Wed

Accreditation: AGPAL accredited, PIPs + WIPs of around $100k pa + additional incentives for taking students

Path: 4-cyte pays $74k pa incl GST (or $67,273 pa)

Pkg: the shopping centre offers 3 hrs free parking below the clinic

Allied health/other subtenants for 2023 ($180,720K pa):

  • Osteopath pays $1,100/month for 2 days/wk = $13,200 pa
  • Hearing tests $350 x4/month = $16,320 pa
  • $900 for 2 days/month from external work cover drs from to use the rooms/facilities = $10,800 pa
  • DVA rents 4x rms from July 10th '23 + pays $16,600 per month + GST for 6-months contract or $99,600 pa
  • Iron Infusion clinic pays $3,400 + GST/month = $40,800 pa

Rent: Incl outgoings is $192K pa - path $67,273 - allied/other subtenants $180,720K => rent positive by $55K+

Skin clinic: 30 pts/day being scanned with Molemax + skin dr bkd out 2x wks in advance

Site visits may take place after an online meeting with the business owner weeknights or on a Sat/Sun as mutually agreed. 

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