Lucrative Medical Practice – Melbourne

Scancorp Medical AFSL 400964 (“Scancorp”) has been retained to source General Practitioners wishing to own their own general practice in The Eastern suburbs of Melbourne, Victoria, Australia.

Overview:

The Seller is the sole owner of this practice and has built a strong patient, community and stakeholder following over this extended period of time.

Over each of the past three years the Seller has achieved a relatively stable normalised Proprietor Earnings Before Interest, Tax, Depreciation and Amortisation (PEBITDA) and can demonstrate a solid new patient registration experience for every year in practice. As such, the business is well poised for further growth.

Investment Highlights:

We anticipate that a General Practitioner looking to establish a practice in Melbourne will view this as a “right place, right time” opportunity to acquire this highly regarded general practice due to the competitive advantages that this practice offers:

* Normalised PEBITDA (including sublease contracted from January 2016) of $363,000 to the General Practitioner Owner
* A dedicated patient and stakeholder following over the last 37 years
* Provide support and guidance through the acquisition and establishment phase
* Significant potential exists for growth through initiating proactive marketing
* Opportunity for increasing new patient growth is supported by the forecast population growth in the area.
* Location at the foot of the picturesque Dandenong Ranges will appeal to the family oriented GP

Security in the Purchasing Process:

It is important to the Seller that the practice’s legacy for high quality care is maintained and that the new owner enjoys a successful transition. As such, the Seller:

* Will assist the Buyer during the early stages of practice hand over
* Is willing to remain as a contracted associate doctor on negotiated terms for a reasonable period if required
* Will lease the suites at commercial rates for a negotiated period. The Freehold premises may be available for purchase at a later date

Sale by Expression of Interest

Download Full Brochure from the Advert on our Website: www.scancorp.com.au

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