Common questions
Common questions about selling and buying through Proxeno, with short answers. The linked pages carry the detail.
Selling
Does registering commit me to anything?
No. Registering does not engage us and does not list your practice anywhere. Nothing you send is published or circulated, and you choose if and when your practice is put to any buyer.
Will anyone learn my practice might sell?
Not from us. Records are de-identified until you ask us to put your practice to buyers: the record the matching works from carries no practice name, and nobody outside Proxeno is told your practice is on the platform until you do. How this is built is on the data architecture and security page.
Do I have to be ready to sell?
No. Owners register at any time to explore their options. The two assessments cost nothing, and a baseline built years early carries into sale preparation.
What are the two assessments?
The business acuity assessment scores how the practice operates as a business, across six areas. The sale readiness check scores how prepared the practice is for a sale. Both are free, neither asks for your financial statements and neither is a valuation.
Who sets the price of my practice?
You do, advised by your own accountant or an independent valuer you engage. Proxeno does not value practices and does not give opinions on what a practice is worth.
How does matching work?
Every buyer on the register is scored against the criteria you set: price, staff, patients, exit. You see the shortlist and the reasoning before anyone is approached, and Proxeno approaches a buyer only with your permission.
What happens after a match?
Proxeno approaches the matched buyers you approve. Proxeno prepares and manages the NDAs and the document pack, and the deal is handed to your advisers for due diligence and completion.
What is my practice worth?
To work out what your GP practice is worth, you need to establish the earnings a buyer could sustain, what transfers with the sale and the risks attached to those earnings. The number of consulting rooms or last year's gross billings cannot answer them on their own. The What is my practice worth? page carries the detail.
How do I sell a medical practice in Australia?
Selling a medical practice involves deciding what you want to sell, establishing its value, preparing the evidence, finding suitable buyers and agreeing the terms. For a GP owner, the preparation also needs to cover the doctors, staff, premises and patient care that will continue after the sale. The How to sell a medical practice in Australia guide carries the detail.
Do I need a broker to sell my medical practice?
You can sell a medical practice privately or engage a broker to help. Your choice should depend on the work you need done, your experience and how much time you can commit while running the practice. The Do I need a broker to sell my medical practice? guide carries the detail.
I've had an offer for my medical practice. What should I do next?
If someone offers to buy your medical practice, ask for the proposal in writing and review it with your accountant and lawyer before accepting. Establish what the buyer wants to acquire, how they would pay, what conditions they attach and what they expect you to do after settlement. The I've had an offer for my medical practice guide carries the detail.
Should I sell to the first buyer who approaches me?
A buyer's approach is a reason to explore your options and not the only signal to sell. Before you agree to deal exclusively with any buyer, find out who else could buy the practice and what you would need to know to choose between them. The Sell your medical practice to the right buyer guide carries the detail.
How do I compare offers for my practice?
Compare the same assets or ownership interest. Record unknowns and reference the written proposals. Review the answers with your accountant and lawyer before signing. The Medical practice offer comparison checklist guide carries the detail.
What happens to my practice when I retire?
One in three GPs surveyed by the RACGP planned to stop practising within five years, according to its Health of the Nation report (2025). When a practice owner retires, the practice can pass to an internal successor, sell to an outside buyer or close. The Retiring from general practice: what happens to the practice guide carries the detail.
Buying
What does a buyer get?
A registered buyer records standing acquisition criteria: states, size, structure and how you operate. When a seller's practice fits, the buyer is scored and can be shortlisted. Registering creates no agreement and no promise that practices are sent to you, and buyers not on the register are not in the comparison.
Which side does Proxeno act for?
One party per transaction, identified at the outset. Where Proxeno acts for the owner, it does not act for the buyer.
Fees
What does it cost?
For a seller, a fixed fee set before the work starts, not a percentage of the sale price, so Proxeno is paid the same whatever the practice sells for. Buyer fees are set before work starts and none is a percentage of the price. Both are on the fees page and the buyers page.
How is Proxeno different from a broker?
A broker works a contact list, is paid a percentage at settlement and earns nothing from preparation. Proxeno works from the GP Zoo dataset, charges a fixed fee set before the work starts, and starts with preparation. The full comparison is on the comparison page.
Your information
What happens to what I enter?
How we use your data lists what every form and tool collects and where it goes. The data architecture and security page describes how the platform holds practice information. To ask a question or request deletion, email admin@proxeno.io.