Melbourne West Medical Centre Open for Offers (Hot Deal Moving Fast)

A well-established and highly regarded medical practice that has been serving the local community for over a decade. With a focus on general health care, skin cancer clinic, and women's health clinic, TMC has built up a loyal customer base and an excellent reputation for delivering high-quality medical services, and has recently transitioned into private billing as well.

Asking Price: $2,950,000

FY22 Revenue: $3,793,674

FY22 Net Profit: $611,823

A purpose-built clinic that has been operational for over 13 years is now available for sale on the west end of Victoria. The clinic has 11 consultation rooms, two staff rooms, a practice manager's office, and a sizeable three-bed treatment room. It operates on a mixed billing system and has seven doctors, including three Vocationally Registered GPs, who work 4 days per week. Additionally, two more doctors will join in May 2023. The current owner only works as a clinician for 2.5 days a week.

The medical centre also has on-site parking that can accommodate 18-20 cars, with an additional nine parking spaces reserved for staff. It is located opposite a Coles shopping centre, ensuring a high volume of pedestrian traffic. Pathology rents a room in the clinic and pays $92,000 annually. One of the beds in the treatment room is a procedural bay for skin cancer treatments. The clinic has one entrance and two waiting areas, as well as three toilets (one disabled, one for staff, and one for patients) and a shower.

The clinic has a full-time Practice Manager along with three Registered Nurses, one Enrolled Nurse, and five administrative staff. The clinic is open for 6 days per week and all procedures are privately billed. Card holders are Bulk Billed, as well as patients who are 16 years old and under. The clinic also provides support to local nursing homes and retirement villages, which presents opportunities for expansion.

The vendor also owns the building and will offer a long lease with options. The current lease has three more years with two additional five-year options. They are willing to transfer or assign the lease. The owner will continue to work at the practice, supervising registrars and consulting as a GP, and will transition the management of the clinic to the new owner for up to three months. In addition, the freehold property itself is currently for sale but not included in the asking price.

Comprehensive Medical Training and Support Programs

This Medical Centre offers a comprehensive medical training and support program for local medical students and general practice trainees. With its state-of-the-art facilities and expert staff, they are dedicated to providing high-quality training that prepares students for success in the medical field. This training program is a unique opportunity for those who wish to learn from experienced doctors and gain practical experience in a professional medical setting.

Highest Standards of Medical Centre

At this practice, the doctors strive to provide the highest standard of medical care to each patient at all times. Accredited to a high standard and up-to-date in their knowledge, the doctors are committed to delivering exceptional service that meets the needs of the local community. With a patient-focused approach, we are able to reliably deliver personalized care that prioritizes the health and well-being of each individual.

Diversified Services for All Ages

We offer a diverse range of medical services for patients of all ages. From general health care and skin cancer clinics to women's health clinics and more, we are dedicated to meeting the unique needs of every patient. In addition, the practice supports local nursing homes and retirement villages and is committed to identifying and addressing the healthcare needs of minority communities. With its professional facilities and online system, the seamless and convenient healthcare experience for all patients is a stable and steady growing industry to own a business in today's age.

Site visits are available after an initial online meeting has taken place, at a mutually convenient time, including after hours. Leave your contact details with us today.