Hearing Care Practice

Not Disclosed, MO

Asking Price: Annual Revenue:
$650,000 $554,500

Services: Non-classifiable

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RE: Hearing Care Practice Broker: Tim Gregory

Quick Facts

Asking Price: $650,000
Annual Revenue: $554,500
Net Profit: Not Disclosed
Cash Flow: $215,800
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: $20,000
Year Established: 2009
Employees: 3
BBN Listing #: 21801386
Broker Reference #: 3127

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Business Overview:

Great opportunity to acquire an established Missouri independent hearing aid practice. With a record of solid sales and cash flow, the practice has been in continuous operation since inception, and provides the best options available in the hearing industry today. The practice takes great pride in providing complete personalized and caring service to patients, while at the same time offering the best prices and value in their market area. The ability of a patient to hear well is the sole aim of the practice.

The historical success of the practice is directly attributable to the owner’s fitting philosophy of accurate assessment, offer the very best technology at great prices and serving patients to hear well for their lifetime. Over time, this philosophy has resulted in allowing the practice to acquire a loyal base of repeat patients, as well as a high percentage of new patients being derived from referrals.

Over 30 million Americans suffer with hearing loss, and as the baby boomer generation ages, this demographic will increase. Further, the hearing aid market is expected to exceed more than $7 billion by 2022. These factors, along with a great location, knowledgeable staff, a solid base of patients and a strong history of serving the local community with name brand devices, position this practice to benefit from this growing demographic.

The seller is moving toward retirement and is seeking a qualified buyer who will continue to be a good steward of the practice and take exceptional care of the patients. To assure a smooth ownership transition, the seller is willing to be involved post-closing for an agreed upon period of time.

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.

Property Features and Assets:

Retail area location

Reason for Selling:

Retirement & Other Business Interests

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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