Hearing Aid Centers – 2 locations

Plano, TX
Collin County

Collin & Hood Counties

Asking Price: Annual Revenue:
$649,000 $800,000

Services: Medical, Dental

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RE: Hearing Aid Centers – 2 locations Broker: LARRY LANE

Quick Facts

Asking Price: $649,000
Annual Revenue: $800,000
Net Profit: $170,000
Cash Flow: $170,000
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1991
Employees: 4
BBN Listing #: 466043628
Broker Reference #: 42060255

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Business Overview:

Great operating business that has been open for over 20 years serving the North Texas region. This opportunity consists of two locations – seller owns one of the properties and is willing to either sell or lease to buyer. Long term lease can be assumed on the other location. This company distributes products of one of the top names in all hearing aid services with over 70-year track record and 1,500 locations nationwide.
The hearing aids market is expected to exceed more than US$ 7 Billion by 2022.
The major driving factors of hearing aids market are:
Increasing aging population globally
Growing the technology in hearing Aids
High frequency of hearing loss
Nice locations, great staff in place, solid customer base and a strong history of serving the local community with brand name products makes this a great opportunity for the right person. There is also opportunity to grow the business by increasing marketing activities including social media presence.
3 year average revenue in excess of $800,000, and earnings of $170,000.
Furniture and fixtures original cost of over $250,000.
Asking price for both locations as one package for $649,000. Real estate available for purchase of one of the locations with an asking price of $250,000.
Seller is ready to retire and is negotiable.

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Reason for Selling:


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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