This business has grown over a decade to 2 practice locations with 4 professional staff and has grown from generating $100K to in excess of $700K per annum, providing a significant return on investment.
These are high growth practices in high growth areas. With 65% of our patients being private, cash flow is solid.
The end result means the new owner will walk into a computerised, networked, accredited practice. Comprehensive policies and procedures are in place, along with HICAPS facilities at both locations.
The practices are close enough to be easily managed but have distinct and complimentary patient bases and demographics. Both practices have full reception coverage with a practice manager in place. The synergies of owning two practices include economies of scale with respect to marketing, ancillary staff, treatment options for patients and holiday coverage for practitioners. This prevents the need for employing costly locums.
Both practices are located in high exposure medical areas and have both been recently fitted out.
The opportunity exists to purchase one of the premises (if desired), the other has a secure long lease in place. Passive income is achieved with allied health practitioners subleasing rooms on a short term basis, allowing capacity for organic growth of the core business whilst still delivering income.
This is a profitable and prominent business, offering a once in a lifetime opportunity that will suit either a physiotherapist with the desire to operate a practice, or a full time investor.
· Full reception coverage
· Physiotherapy staff in place
· Suit physiotherapist or business owner
· Potential to increase revenue
· Owner wishing to relocate overseas
· Profitable and prominent business
· Practices networked with PPMP and HICAPS available at both
· Fully computerised
· Prominent main road exposure
· Based on last year’s figures (before prices went up this year) you could expect a return of $180k after your salary taken out
· Word of mouth biggest referral source
· Local GP’s & Specialists
· Year on year consistency of practice numbers
· Trained reception staff to assist with running the practice
· Long established practice, low overheads with immediate cash flow.
· Marketing and advertising currently in place for upcoming year
· Practice premises available to rent or buy.
· All the hard work is done, the purchaser has the luxury of walking into a successful practice with no start up, fit out or leasing stresses, with immediate cash flow.
This is your opportunity to own a successful, high quality and well regarded physio business on the idyllic Sunshine Coast.
This is a genuine sale and as such we request genuine enquiries only.
Full business details provided upon return of signed confidentiality agreements.
Please email owner directly on [email protected] for further information.
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