Hearing Healthcare Specialist: Offering Full Sp...

Tri-Cities, TN
Sullivan County

Asking Price: Annual Revenue:
$1,499,000 $1,827,060

Retail: Health, Beauty, Nutrition

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RE: Hearing Healthcare Specialist: Offering Full Sp... Broker: Mark Stooksbury

Quick Facts

Asking Price: $1,499,000
Annual Revenue: $1,827,060
Net Profit: Not Disclosed
Cash Flow: $438,532
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1993
Employees: 8
BBN Listing #: 845159541
Broker Reference #: KNOXVTN002-N23

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Business Overview:

This East Tennessee based hearing healthcare specialist has been helping friends and neighbors achieve a higher standard of living through better hearing for almost 30 years. This company averaged $1.8M in revenue over the last 3 years and is projected to outpace that in 2020. Seller discretionary earnings in the last 12 months is $438,000. This company has operated based on word of mouth referrals and its longevity in the marketplace. It’s current structure is with an owner operator. This structure could continue, or there is an opportunity to run this company with a General Manager via Part Time Manager Owner or Investment Owner.

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Reason for Selling:

Owner is transitioning to retirement

Additional Details:

  • The property is owned.
  • 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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