Melbourne, Bayside Private Practice Sale

Here is a fantastic opportunity to purchase a well established practice (22 yrs) in the Southeast Bayside area of Melbourne!

This is a well presented professional office with 2 treatment rooms, reception area, 2 waiting areas, toilet, and kitchenette facilities. Currently only 1 of 2 treatment rooms is being utilised, so there is potential to sublet (previously used by massage/myotherapist pre Covid lockdown), or expand immediately with a 2nd practitioner.

The business is currently operated by a sole practitioner focusing on musculoskeletal injuries related to work, home, or sport. The emphasis is on 1 to 1 hands on treatment utilising Maitland, McKenzie, and Mulligan principles. Dry needling, massage, PNF, education in exercise and self-management strategies, kinesiotaping, Ultrasound, and Interferential treatment are used as indicated.
A solid client base is primarily private fee paying, with the occasional workcover, TAC, DVA, and InjuryNet referrals. Clients range from adolescent to elderly retirees.

The business is operating out of leased premises next door to a Medical Clinic in a shopping strip that includes an Occupational Therapy business, Pilates studio, Yoga Business, cafes, and restaurants.
The current lease expires in a few months. The Landlord has offered further options, so this presents an ideal opportunity for the new business owner to negotiate the terms of a new lease.

The current owner is retiring, and in recent years has operated the business on a part-time basis (equivalent to 2 days/week) with an annual revenue circa $70,000.
With no current active marketing strategies this is a great opportunity to expand the practice into a full time business through networking with the local GP's, other businesses, and creating an online social media presence.

Please direct your initial enquiries to Fairway Group Accountants: vic@fwgs.com.au