CORPORATE BUYER - EOI SOUGHT- 7+ FTE GP - PRACTICE SALE
- Feb 3, 2019
- 2 min read
Updated: Feb 10
(PRACTICE # Q417) This long established Family GP Medical Practice including Skin Treatment Centre, located in a Mid North Queensland picturesque regional town north of Brisbane is offered for sale.
The current doctors owners family settled in this town in 1865 and the family are stalwarts of the local community. The practice was started in the 1930’s and the current owner took over the practice in 1980 and has no desire to retire.
Featuring 7 full time GP’s, the clinic is predominantly Bulk Billing (with Private Billing by the Owner) and has consistently turned over in A$3.5 - A$ 4 million in Patient Revenues for the past 3 years. There are 4 DWS positions available for the practice with an additional Registrar position becoming available for the practice in 2019.
Operating out of a Historic building with a long term lease and operating 6 days a week the practice is solid, progressive, and represents an opportunity for a Corporate buyer to take ownership of the largest practice in the area.
The Centre offers the following services to its 15,500 active patient base:
Musculoskeletal medicineAcupunctureWomen’s HealthCoal Board MedicalsMental HealthSkin ChecksPathologyPodiatryChronic Disease ManagementVaccinations4 year old Health ChecksGeneral Medical AssessmentsNursing Home Visits
Post Sale, the owner is intending to remain with the practice for 3 – 5 years to offer a seamless transition and is prepare to offer a portion of the Sale proceeds to his Contractor doctors as a bonus for their service and as an incentive for them to remain with the practice post sale giving the new owners comfort from continued practice and revenue stability.
A full ‘Expressions of Interest’ practice profile with snapshot financials will be made available to interested qualified parties on completion of a binding Confidentiality Agreement.
Please call Paul Nielsen on 07 30109711 or 0408824122 to register your interest or Email to pauln@avantiacorp.com.au
CLICK HERE TO REVIEW OUR SALES/PURCHASE PROCESS.
Avantia Medical T/A MedicalCentreForSale.com.au is a specialist division of
Avantia Corporate Services Pty Ltd.
L7, 320 Adelaide Street, Brisbane QLD 4000
Ph: 07 30109711 Fax: 07 38005989
Web: www.avantiacorp.com.au
The article presents a fascinating overview of a long-established medical practice, yet it raises several questions about the implications of its business model. Particularly intriguing is the mention of the https://boxsocial.pub/ Pay ID system, which could enhance patient convenience for billing. However, reliance on a corporate buyer may shift the focus from community healthcare to profit margins, potentially affecting service quality. This transition warrants careful consideration.
This article highlights the long-standing legacy of a community medical practice, but it raises questions about the sustainability of such models amid evolving healthcare demands. The owner’s commitment to remain post-sale is noteworthy, yet the future direction under new ownership remains uncertain. Transitioning ownership while retaining quality care can be challenging, akin to navigating Royal Reels in a complex market. The balance between profitability and patient care will be critical.
The article presents an intriguing perspective on a long-established medical practice. However, it raises questions about how community ties influence ownership transitions in businesses like this one. The potential for new corporate ownership could change dynamics, impacting not just financial results but also patient care and community engagement, much like how The Pokies can alter local economies. It’s vital to consider both short- and long-term implications.
The article presents an intriguing case study of a long-established medical practice, but the financials provided seem to lack transparency, which raises questions. The mention of the clinic's revenue figures could benefit from clarity regarding operational costs and patient demographics. Moreover, comparing this business model with emerging trends like bitcoin casino australia could yield interesting insights into evolving revenue streams in various sectors.
It becomes apparent that the terminology is precise and consistently used. Claims remain well-supported by available evidence. The website offers further thematic insights on this subject. Systemic understanding is enhanced by references to interactive digital models.