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Retail Hearing Aid Practice (Single Location)

Location: Oklahoma

ID: (#200906)

This Business Has Been Sold.
200906
Price:Contact Broker
Revenue:$797,412
Cash Flow:$170,934
FF&E (Assets):$0
Inventory:$0
Real Estate:$0

Overview

Hearing Aid Center is a one-office, full-service hearing aid dispensary in Oklahoma. It has been serving the same area since May 1, 1960. (Over 62 years)
The seller offers the buyer the following attractive features found in a quality hearing aid practice.

- The owner would like to continue working for the new buyer for another 7-10 years, making the transition to a new owner transparent to the customers.
- The staff is loyal, professional and customer service oriented and would like to continue employment with the new owner. We consider this a very positive asset to the practice.
- The office is clean, updated, and inviting to the customer.
- The office is centrally located in the city at a well-respected shopping center.
- Increased revenue growth throughout the life of the practice.
- Excellent reputation in the community due to the fact the practice has been in business since 1960.
- Excellent potential for growth for a buyer with resources to advertise/market and can provide opportunities for credentialing with major insurance carriers and Medicare.
- We have 5 out of 5-star reviews on both Google and Facebook with positive testimonials.

Details

Reason for Selling:

would like to Owner would like to move away from business responsibilities and focus on patient care.

Established:

1960

Employees:

4

Competition:

The office is located at a well-respected moderate to high-income level.

Support and Training

The Provider and Owner would stay on as an employee for at least 7-10 more years

Broker Contact Information

  • Jesse Aldous
  • Idaho - Boise
  • (208) 339-7725 Mobile
  • Appointment Only:
  • Bristol Group
  • Idaho - Boise
  • By Appointment Only
  • 800 W Main Street, Suite 1460
  • Boise, Idaho 83702
  • Real Estate Broker: Bristol Group