Allied Health – Psychology

For Sale

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South Coast

Business Code: CB1502

$395,000
Key Features: Great location - Well established - Large data base of clients - Excellent reputation - Continuing high demand for services.
State: NSW
Suburb: Nowra
Location: Central location on main street in thriving regional hub servicing mid South Coast.
Premises: Well presented premises on first floor of prominent building, with large reception area and three consulting rooms.
Price not disclosed

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Reduce commitment to business administration.

Sale Reason

2010

Established

Ample parking at rear of premises.

Parking

1 owner + 1 admin + 3 contractors.

Employees

4 days - Monday to Thursday: 8.30 am to 5.00 pm.

Trading Hours

Current lease commenced April 2021 + 3 + 3 year options - Yearly increases 2.5% - Bond 1 month.

Lease

Allied Health business specialising in the provision of assessment, psychotherapy and counselling for children, adolescents, adults and families. Local GPs refer a high proportion of clients, with self-managed NDIS approved clients making a significant portion and private clients the balance. Consultations for Telehealth are not encouraged but are available, and office consultations preferred to home visits. The practice is DVA approved, with Workers Comp clients not actively pursued. The practice generally draws clients from high growth area Wollongong to Ulladullah. The owner is prepared to assist the buyer with the transition and possibly continue on in an employed position, subject to negotiation.

Features

Great location - Well established - Large data base of clients - Excellent reputation - Continuing high demand for services.

Potential

Open more days for consultations - Utilise contract staff to meet the high demand for services.

Comments

Misc.- 1 -Contractor payments - Owners wage added back - Computer software Halaxy - Although previously NDIA approved, not currently approved as deemed not necessary.

Weekly Summary

Figures exclude GST

Weekly Takings
$8060
Gross Profit
$8060
Rent
$400
Wages
$425
Telephone
$60
Insurance
$70
Electricity
$40
Misc 1
$3450
Total Expenses
$4445
Equipment
(Included)
$15000
Net Profit
$3615
Price
$395,000
Price
$395,000

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