Well Established Hearing Aid Clinic

Not Disclosed, FL
Indian River County


Asking Price: Annual Revenue:
$475,000 $338,076

Services: Medical, Dental


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RE: Well Established Hearing Aid Clinic Broker: Matt Nicoletti

Quick Facts

Asking Price: $475,000
Annual Revenue: $338,076
Net Profit: Not Disclosed
Cash Flow: $167,163
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 1997
Employees: 1
BBN Listing #: 5116630
Broker Reference #: 2301651365

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Business Overview:

Profitable and well-established hearing aid clinic located in a very busy shopping center within an affluent retirement community. Due to its excellent reputation the business receives many referrals from local doctors and word of mouth. In addition, they receive a high volume of walk-in clients because of the desirable location. The business was established in 1986 and managed by the owner until they purchased it in 1996. Owner currently operates with himself as the only specialist, and a full-time receptionist. There is large room for growth of this already profitable business, the owner earned $167,000 in SDE with no advertising, no website, and only working 39 weeks (3 quarters) of last year. Owner is motivated to ensure buyer success and is willing to negotiate staying on longer to train. Please refer to listing 2301-651365 and advisor Matt Nicoletti when inquiring.

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Property Features and Assets:

Lease/Month: $2,582; Square Footage: 950; Building Type: strip center; Expiration Date: 6/30/2025.

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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