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Modern General Practice - Inner South East Melbourne

Medical Practice

ActiveHealthcareB2C
Asking price
$820,000
Disclosed · plus stock · AUD
Revenue
—
Earnings
—
Implied multiple
n/a
Stock is extra · value not stated

Brief

  • Mixed-billing general practice trading for six years in a vibrant inner south-eastern Melbourne suburb
  • Split-level premises with 8 consulting rooms, pathology, a treatment room and lift access; 13 years remaining on the lease
  • Team of 6 doctors (2.8 FTE), with two more joining shortly, plus receptionists and a full-time nurse
  • QPA-accredited practice receiving incentive payments, with centralised payroll and bookkeeping
  • Owner selling as part of a business rationalisation strategy
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  • How long it has been for sale
Listed
14
+5 in 30 days
Median asking
$597K
10 priced
Median revenue
$674K
6 disclose
Earnings multiple
2.5×
38 listings
Price drops
1
in 30 days
Asking price spread10 of 14 state a price
This listing · $820K
30%
40%
10%
20%
$250K–$500K$2.5M–$5M

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