THRIVING PRACTICE SOUTH EAST - PRACTICE SALE


This practice was established in 1996 by the current owner. The practice is accredited and employs 3 other doctors (all VR) who receive either 60% or 70% of gross fees. The doctors are supported by 5 receptionists (approximately 2.4 EFT) and 3 nurses (approximately 1.8 EFT). The practice has a speakers of Mandarin, Hindi, Punjabi and Sinhalese.

The practice sees 650 patients per week with approximately 20 new patients in that period. The practice is predominantly bulk billing. There are 13,000 active patients on the database. The practice uses Medical Director and Pracsoft.

The premises are also owned by the principal and comprise of 6 consulting rooms, 2 treatment rooms, pathology collection room (Healthscope) and waiting/reception. There are 15 car spaces on the site. The property has been valued at a little over $1 million.

The principal has expressed a desire to sell the practice/business but continue to work as a General Practitioner.