How to 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 sellers
The sale and purchase of Australian general practices
Selling a medical practice involves deciding what you want to sell, establishing its value, preparing the evidence, finding suitable buyers and agreeing the terms.
A buyer prices a GP practice on the earnings it expects after settlement and can verify from the practice's records.
If you are preparing to sell your medical practice, we recommend aiming for three qualified buyers.
You can sell a medical practice privately or engage a broker to help.
If someone offers to buy your medical practice, ask for the proposal in writing and review it with your accountant and lawyer before accepting.
One in three GPs surveyed by the RACGP planned to stop practising within five years, according to its Health of the Nation report (2025).
You are ready to approach buyers when you can substantiate the practice's earnings, explain how it will operate under new ownership, and clearly account for the issues still to be resolved.
Compare the same assets or ownership interest.
The sale readiness check scores a practice across the five areas a buyer's advisers test, and shows where a buyer will argue the price down. It is free and anonymous, and takes about twenty minutes with your figures to hand.
Sale readiness checkThe business acuity assessment reviews how the practice operates as a business across six areas, whether or not you plan to sell. It is free, has 26 questions and takes 12 to 15 minutes.
Business acuity assessment