MINNEAPOLIS, Minnesota
| Asking Price |
$1,100,000 |
Year Established |
2020 |
|
| Annual Revenue |
$1,269,228 |
Reason for Selling |
Wants to work without the pressure of being the business owner. |
|
| Annual P/L |
$225,576 |
Attention |
Joseph McKeown |
|
| Annual Cash Flow |
$0 |
Listing Number |
1020178 |
|
| # of Employees |
3 |
Business Category |
Services: Medical, Dental |
|
Business Overview:
Established hearing health e-commerce business specializing in helping individuals with ear and hearing issues by providing exceptional customer service and a comprehensive selection of hearing health products. The business has an established online presence and a diverse product catalog, including prescription, over-the-counter, and consignment hearing aids, chargers, accessories, assistive listening devices, ear care, hearing aid care, and hearing protection. Repeat accessory purchases represent a key component of sales, with the business serving as a convenient one-stop shop for customers' hearing health needs. Emails are offered at n/c for customer service for store customers.
The business offers a differentiated approach through transparent pricing and no conflicts of interest. Professional audiology expertise is offered at an affordable cost in a fee for service, including remote visits, telehealth, repairs, programming, and other services to keep people hearing well. The website has a membership for those who would like to earn discounts and rewards. With an established website, digital marketing campaigns, educational content, and affiliate relationships already in place, this business provides a strong foundation for continued growth.
An attractive acquisition opportunity for an audiologist, hearing healthcare company, or e-commerce operator looking to expand into the hearing health industry. The buyer does not need to be an audiologist to own or operate the business.
Property Features and Assets:
<p>This is a leased location of 1,352 square feet with a Total monthly rent of $2,583. Lease ends 07/2030. Seller is active with 1FT and 2PT employees. Hours of operation are 9am-5am, Tuesday-Friday. $37,600 in FF&E included in the asking price. $9,500 made in leasehold improvements.<br></p>
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity