The Practice Manager's Guide to Buying a Practice - McMasters ...

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SCHEDULEPURCHASE PRICEThe written down value of the plant and equipment and other assets in the accounts of the Vendoras at 1 January 2007.PAYMENTAs agreed in writing by the Parties.DEPOSITNo deposit is payable.PREMISESThe premises occupied by the Vendor as its usual place of business.NOTICESVendor :Purchaser:Offices of Terry McMaster, SolicitorOffices of Terry McMaster, SolicitorCOMPLETION DATEAs at 1 January 2007CONTRACTSAll contracts with all contractors engaged at the Premise.All contracts with employees engaged at the Premises.Any lease over the Premises.All other contracts held by the Vendor in respect of the practiceSETTLEMENT PLACEThe office of Terry McMaster, Solicitor, 144 Church Street, Brighton, Victoria.OTHER ADJUSTMENTSOther Adjustments include a reduction for any expenses incurred by the Vendor paid for by thePurchaser including rates, rent and other occupancy costs and annual leave, long service leave andother employee entitlements.46
THE VENDORTHE VENDOR PTY LTD. with is registered office at 144 Church Street Brighton VictoriaTHE PURCHASERTHE VENDOR PTY LTD with is registered office at 144 Church Street Brighton VictoriaBUSINESSThe medical business and related activities conducted at the Premises by the Vendor.BUSINESS NAMEThe Purchaser obtains the benefit of any business name used by the Vendor.STOCK VALUEAny amount shown in the Vendor’s balance sheet at the Completion Date.47
Page 1 and 2: The Practice Manager’s Guideto Bu
Page 3 and 4: The value of a practice, and especi
Page 5 and 6: On the other hand, buying into an e
Page 7: A purchaser will normally be intere
Page 10 and 11: that are not shown in the balance s
Page 12 and 13: If the new doctor is buying into a
Page 14 and 15: yields a maintainable net profit pe
Page 16 and 17: given to sharing the premises with
Page 18 and 19: ooyounger doctors do not see propri
Page 20 and 21: Whatever the motivation behind the
Page 22 and 23: BuyerSellerInformationInformationTh
Page 24 and 25: Step 2: Determine the value of the
Page 26 and 27: It does not consider costs. Some pr
Page 28 and 29: APPENDIX 1CHECKLIST FOR BUYING A PR
Page 30 and 31: Have you read the section in this m
Page 32 and 33: THIS AGREEMENT is made at 17 Brown
Page 34 and 35: Prescribed Occurrence has the same
Page 36 and 37: 3.2 ExclusionAll express and implie
Page 38 and 39: 5.1 Employment of staff(a)(b)(c)(d)
Page 40 and 41: (f)(g)(h)(i)(j)(k)(l)(m)(n)(o)this
Page 42 and 43: 6.4 Purchaser indemnityThe Purchase
Page 44 and 45: Each Party agrees, at its own expen
Page 48 and 49: Appendix 3 Goodwill as a Component
Page 50 and 51: Appendix 4 Results of recent sales
Page 52 and 53: Sale 11 2008A married couple, both
Page 54 and 55: Appendix 5 Capitalisation of future

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