Medical & GP | Queensland
Managed GP Practice for Sale in Bowen, Queensland
A mixed billing general practice in Bowen, North Queensland, offered under management at an asking price of $1,500,000. The seller advertises FY2026 revenue of $1,301,118, steady against $1,305,264 in FY2025, and an FY2026 adjusted net profit of $488,987 that includes add-backs.
Asking price
$1,500,000
Revenue
$1,301,118
Adj. net profit
$488,987
FY2026, incl. add-backs
- Bowen
- Mixed Billing
- Under Management
Acquisition brief
Mixed billing general practice
Bowen
Queensland
Key business snapshot
- Revenue (FY2026)
- $1.3m
- Adj. net profit (FY2026, incl. add-backs)
- $489k
- Business type
- Medical & GP
- Location
- Bowen
- Business stage
- Established
Business overview
A mixed billing general practice in Bowen, North Queensland, offered under management at an asking price of $1,500,000. The seller advertises FY2026 revenue of $1,301,118, steady against $1,305,264 in FY2025, and an FY2026 adjusted net profit of $488,987 that includes add-backs.
Public listing highlights
- Under-management model: the practice is advertised as operating without reliance on a principal GP owner
- Advertised clinical team of 4 FTE GPs, 1 part-time GP and 1 nurse practitioner, supported by 3 nurses and 4 admin staff
- Approximately 15,000 active patients reported by the seller
- Seven consulting rooms plus treatment and pathology rooms, as advertised
- Revenue reported at $1,301,118 (FY2026) and $1,305,264 (FY2025)
- Advertised as DPA / MM4 — subject to independent confirmation of current classification
Financial snapshot
- Revenue (FY2026)
- $1,301,118
- Revenue (FY2025)
- $1,305,264
- Adjusted net profit (FY2026, including add-backs)
- $488,987
- Asking price
- $1,500,000
Revenue and adjusted net profit are as advertised by the seller and have not been independently verified or audited. Adjusted net profit includes seller add-backs and is not EBITDA.
Detailed financial information may only be released after appropriate confidentiality and buyer qualification requirements have been completed.
About the practice
This is a regional general practice in Bowen, on the Whitsunday coast of North Queensland. It is advertised as a mixed billing clinic under management, so a buyer would review the management structure, reporting and decision-making that keep the practice running day to day, rather than relying on one principal GP.
Two years of revenue are on the public record: $1,305,264 for FY2025 and $1,301,118 for FY2026. The headline earnings figure is an FY2026 adjusted net profit of $488,987 including add-backs. This is not EBITDA and it is seller-supplied. Buyers should rebuild it from the profit and loss statements with their accountant before relying on it.
Clinical team and premises
The seller advertises four full-time-equivalent GPs, one part-time GP and a nurse practitioner, supported by three nurses and four administration staff. Headcount and FTE are different measures, so ask for a roster and each clinician's contract to see who generates billings and how stable those arrangements are.
The premises are advertised with seven consulting rooms plus treatment and pathology rooms. Lease terms, any pathology collection arrangements and assignment requirements are not public. They belong in the information release that follows a confidentiality agreement.
Location and classification
The listing describes the location as DPA / MM4. Classifications can change, and their effect on recruitment depends on each doctor's circumstances. Treat the classification as advertised until it is independently confirmed. No outcome for grants, incentives, incoming GPs or accreditation is implied.
Questions to test in due diligence
Which add-backs make up the $488,987 FY2026 adjusted net profit, and do they hold for an incoming owner once a market-rate practice manager and any owner benefits are accounted for?
What are the engagement terms, tenure and intentions of each GP and the nurse practitioner, and how much of billings does each generate?
Is the DPA / MM4 position current for this location on the Department of Health, Disability and Ageing tools, and what would it mean for recruitment pathways your advisers consider relevant?
How is the 15,000 active-patient figure defined (for example, seen in the last two years), and what is the current mixed billing split?
Who might this suit?
First-time business owners
Healthcare professionals looking to acquire an established operating business rather than establish one from the ground up.
Existing healthcare business owners
Operators looking to add another location or expand their existing footprint.
Multi-site healthcare groups
Groups seeking an established business in a new geographic market.
Strategic buyers
Healthcare operators looking for an acquisition that complements an existing network or service offering.
Look beyond the asking price
- Financial performance
- How sustainable are the earnings?
- Practitioner stability
- Who generates the revenue, and are they expected to remain?
- Owner dependence
- How much does the business rely on the current owner?
- Premises
- Does the lease support the buyer's plans?
- Patients & referrals
- How diversified is demand?
- Systems & management
- Can the business operate effectively through an ownership transition?
- Growth assumptions
- Are future opportunities realistic and commercially achievable?
Some information should stay confidential
Healthcare business sales can involve commercially sensitive information.
The public marketplace may show enough information for a buyer to determine whether an opportunity appears relevant without identifying every aspect of the business.
Additional information may be released in stages.
1. Public listing
General business overview, approximate location and selected financial information.
2. Buyer registration
Buyer identity and acquisition criteria.
3. Confidentiality
A Non-Disclosure Agreement may be required.
4. Qualified information release
More detailed financial, operational and business information.
5. Due diligence
Supporting documentation may be provided to the buyer and their professional advisers as appropriate.
Enquire about this business
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Important information
Listing information is provided for general information only and may be based on information supplied by the business owner or other sources.
Prospective buyers should make their own enquiries and obtain independent legal, accounting, financial, tax and other professional advice before entering into any transaction.
Healthcare Business Brokers does not recommend that a buyer rely solely on information contained in a marketplace listing when making an acquisition decision.