North East Audiology Clinic
Location: Rhode Island
ID: (#201017)
Overview
Growing audiology business prides itself on superior clinical care. They strive for a collaborative, team-centered approach to ensure a positive patient experience. They have created a loyal, strong patient-base.
Details
Reason for Selling:
Established:
Employees:
Furniture, Fixtures, and Equipment (FF&E):
All the tangible assets used or useful in the business including the furniture, fixtures, equipment, machinery, and inventory. Also includes all of the intangible assets including customer lists, phone numbers, contracts, permits, and licenses. A complete list of assets is available upon request.
Inventory:
All inventory is included in the sale. A complete list of inventory is available upon request.
Competition:
This business is the highest rated in the area for customer service. Their patient referrals, a testament to their exceptional service, are closely followed by physician endorsements. Furthermore, their comprehensive marketing strategy spans television, radio, digital platforms, direct mail, and newspapers, effectively attracting new patients.
Opportunities for Growth:
Located in Rhode Island, this clinic attracts patients from a 10-30 mile radius. Revenue has shown consistent growth since 2011, ranging from 4% to 15%. In response to this growth, a second specialist was hired in 2023, and the practice relocated to double its space, supported by revenue.
Support and Training
In an effort to make a smooth transition for the future owner, over the past few years, the owner has slowly moved herself out of patient care and only generates a minimum amount of revenue. The potential buyer would have a limited amount of risk of reduction in revenue due to the transition.
Broker Contact Information
- Jesse Aldous
- Idaho - Boise
- (208) 339-7725 Mobile
- jesse@bristol.group
-
Appointment Only:
- Bristol Group
- Idaho - Boise
- By Appointment Only
- 800 W Main Street, Suite 1460
- Boise, Idaho 83702
- Real Estate Broker: Bristol Group