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Business ID BS7864

Medical and Dental Centre For Sale - Melbourne

Average Profits over last 3 Financial years is over $510,000

This Medical and Dental Centre located inner north east of the city was established over nine years ago.  It is a busy single doctor medical practice with a part-time dental practice.  It is adjacent to a community pharmacy with direct entry between the practice and the shop.

There are approximately 240 patients seen each week with almost 7000 active patients. The majority are bulk billed.

The practice is open 5½ days per week with scope to extend hours and to introduce another doctor and a practice nurse.  The dentist works on a restricted basis and the room could be taken over to bring in another doctor.  Alternatively, the dental practice could be retained.  A cardiologist attends once per month.

The current doctor is looking to retire from the practice.

The premises comprise 2 consulting rooms and a treatment room.  There is also a roomy waiting room and reception area.  There is scope to reconfigure the rooms to increase the number of doctors.  The dental surgery occupies its own room.

A 4-year lease commenced 1 May 2016. First year rent was $43,875 with annual CPI increments.

As at June 2017 the Practice is not in a District of Workforce Shortage.

Asking Price: $585,000.

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