LINK Business (NSW) Phone : (02) 98 ****

​Addiction Specialist Partner | Pharmacotherapy Private  Sydney Clinic

Listing Id : 258110

Location : New South Wales

Category : Medical

Asking Price : 150,000

Business description

If you are thinking about getting a bolt on business or a part time role to supplement your income; stop looking! The state of NSW has issued 12 methadone dispensing licenses and will not release any more…this is an opportunity to own a restricted business, with high profitability and little effort to maintain. PERIOD ESTABLISHED: The medical centre was established in 1982, some 34 years ago. The current principal has been with the practice since 1998. OWNERSHIP: The medical centre is owned by a principal doctor (2/3 share) & NUM (1/3 share) and managed through a company structure. Note: A 100% of the clinic is being sold. LOCATION / POSITION: Located in the North Shore Hospital Complex of Sydney. Only private exclusive pharmacotherapy clinic, on the northern Sydney suburbs. CLINIC LAYOUT: Consists of 2 consulting rooms, private waiting room, dispensary, NUM Coffee and toilets. The rooms are modern, have sinks are fully furnished and equipped SECURITY OF TENURE: The clinic premises are under a current lease of 5 years stemming from a 5-year option exercised in Feb 2016 to 2**** **** plus another 5 yr option to Feb 2**** **** CLINIC DOCTORS: There are currently two working male doctors (one being the principal) accredited Methadone prescriber assisted by the NUM. Principal Doctor works Tues (2.30pm-7pm) & Wed (5.30am-8.30am), being his face to face consultation time. He puts in another 3 hours/wk. in admin, meetings etc. STAFFING: Currently, the clinic employs a handful of qualified experienced RN's and is overseen by an experienced Nursing Unit Manager (NUM). PATIENT NUMBERS: The principal has approx 140 pts under treatment. Note: Apparently, there is no limit or controls, on the hours worked or patient seen, from the public sector. There may be a NSW Health limit on clinics of some 350 patients. FEE STRUCTURE: The clinic is mixed billings with an average of 30% B.B. and 70% private fees. The principal doctor receives 100% of the Medicare income of some $100,000pa wkg only 42 wks pa. The doctors averaged $50/patient/consult. Note: All medication are provided free of charge/Bulk billed by the Dispensary. ASKING PRICE: TOTAL =$150,000 (inclusive of goodwill, plant, equipment, furniture instruments & stock) WHY SHOULD YOU BUY this MEDICAL BUSINESS?Huge potential to expand with possible additional hoursExcellent, secure location on the North Shore in SydneyAccredited with EQUIP for next 1 yearVery cheap buy considering it would take at least the asking price if not more, to establish, such a clinic on the North ShoreExcellent work environment with full set up & specialised back upPrincipal prepared to work with buyer for an agreed period to facilitate a smooth hand overPatients reviewed monthly so additional scope for more frequent reviews is possibleVery little promotion has been undertaken to achieve additional growth through referrals and only worked on internal word of mouth growthIncome easily increased through the new D&A Speciality recognized by MedicareVery difficult to get approval for a clinic even in a public hospitalYou could build a larger practice with significant increase in revenue and profits (ie business is relocatable)Large existing patient base, working with referring GPLong established specialised private pharmacotherapy practiceTop staff, experienced NUM, and support networkPrincipal remaining as referral GPExcellent income and annual profits Ref# NSW**** **** If you are interested in hearing more about this practice, please email or call on**** **** for a confidential conversation. To enquire on this business visit and click on "enquire now". For full details contact Sally Stuart on or on**** **** . Note: The purchaser to make his/her own investigations and enquiries in relation to the business and not to rely upon warranty or statement made by the vendor or by anyone on his/her behalf. Ref: NSW**** **** Timestamp: 2019**** ****

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