Well Established Private General Practitioner Travel Vaccinations Premium Advert

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Status
FOR SALE
Advert ID
196481
Reference
CP047 / RightBiz

Details

Well Established Private General Practitioner/Travel Vaccinations
Ref. CP047
Location : Kent
Asking Price : £130,000
The vendor established this very popular Private GP Practice in Kent in 2005.

Operating as a private general practitioner, the Practice has developed a tradition of excellence through providing personal medical care to the highest quality standards for family medicine. .Patients with a diverse range of medical problems visit the Practice but in particular those requiring vaccination for travelling abroad.

Conveniently located in the heart of Kent, patient comfort and care is at the heart of the Practice, which had been created as a welcome respite with patient privacy respected and assured and is appreciated for being personal, friendly and approachable.

It is also valued as much for general medical check-ups as for the specialisms for which this business is well known. The business also benefits from many excellent referrals and has many local patients.

Key Strengths:

Well established, the Practice has an excellent reputation for high levels of personal care and for being friendly and approachable. Much of this comes from the appearance of the Practice itself. It is furbished to a very high standard and has a very homely and relaxing feel to it – an aspect that is highly valued by patients who may be nervous and stressed about their consultation.

The business is registered with all of the major insurance companies and is a preferred provider for BUPA and PPP.

The Practice premises has two medical licences.

Key Opportunities:

There is an outstanding opportunity to build on the existing services and customer base of this Practice. With a strong demand for services combined with a capacity to increase turnover, a new owner contributing fresh ideas, motivation and investment in resources will have every advantage of building on an excellent platform.

Capacity in the Practice is necessarily limited by the availability of its Owner. Premises with room for additional consultants with room to easily accommodate two consultants, there is certainly scope to increase the turnover achieved through the Practice – and potentially even more if a new owner brings expertise in the form of additional specialisms.

Financial Information:

The business is being offered for sale on a going concern basis: all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Turnover circa £92,164 per annum
Net Profit c. £26,721

Asking Price:

The Asking Price of £130,000 is for the assets and goodwill of the business (excl SAV)

Advertising and Marketing:

Working pretty much to capacity, the business has no need for heavy investment in marketing and advertising. What marketing the business does is limited to leaflets, and Google ads for Internet Searches.

The Practice has an informative website which performs very well in all the major search engines for all appropriate search terms. The Practice also received strong word of mouth recommendations.

Premises:

The Practice is located in Kent and comprise of a reception area with administrative filing space for the paper records that are held. There is a dispensary, treatment room, consultation room and W.C. Outside there is private parking for two cars.

The premises are leasehold and are held on a rolling lease basis.

Annual rent is £8,000 and business rates are Zero.

Business Hours:

Monday: 10:00am – 3:30pm
Tuesday: 8:30am – 3pm
Wednesday: Closed
Thursday & Friday: 8:30 – 3pm

Employees:

The current Owner/GP is responsible for the day-to-day running of the Practice supported by a two receptionists.

Support and Training:

Support and training will be provided for a negotiated period of time, if required.

Reason for Sale:

Genuine retirement sale

EPC

Energy Performance Rating x

Please contact us for a copy of the EPC if required

Looking for finance ?

If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at finance@turnerbutler.co.uk
Listing Details
Tenure: Leasehold
Sector: Medical Practices, Health & Fitness
Financials
Annual Turnover: £92,164
Annual Net Profit: £26,721
Key Features
  • Established Business
  • Attractive Business
  • Price Reduced
  • Company for Sale
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