Hearing Aid Centers – Motivated Seller!

Plano, TX
Collin County


Asking Price: Annual Revenue:
$455,000 $683,020

Services: Medical, Dental


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RE: Hearing Aid Centers – Motivated Seller! Broker: Larry Lane
Owner Financing is Available!
Seller may consider minimum financing for qualified buyer.

Quick Facts

Asking Price: $455,000
Annual Revenue: $683,020
Net Profit: $165,924
Cash Flow: $165,924
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 1997
Employees: 4
BBN Listing #: 746943628
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 $7Billion by 2022.
The major driving factors of hearing aids market are:

*Increasing aging US population
*Continued technology improvement in hearing Aids
*High frequency of hearing loss in our population

Both of the hearing aid clinics are in nice locations, great staff is in place, and a 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.
Seller has exclusive distribution rights for the product brand for all or a portion of 8 North Texas Counties! Frisco, TX is part of the territorial rights and has not yet been developed!
Revenue of $683,020, and earnings of $165,924
Furniture and fixtures original cost of over $250,000.
Asking price for both locations as one package for $455,000.
Real estate available for purchase of one of the locations with an asking price of $250,000.
Seller is motivated and ready to retire!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

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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