Listing ID: 201017

Location: Rhode Island


Asking Price
N/A
SDE
$277,879

Gross Revenue
Year Established
Number of Employees
Inventory

$1,106,972
2010
4
N/A

EBITDA
FF&E
Real Estate

N/A
N/A
N/A

Business Description

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.

Additional Information
Reason for Selling

Owner would like to retire.

Support & 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.

Market & 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.

Growth & Expansion

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.

Listing Advisor

Contact Listing Advisor




Listing ID:
201017

Location
Rhode Island

Asking Price
N/A

SDE
$277,879

Gross Revenue
$1,106,972

Year Established
2010

Number of Employees
4

FF&E
N/A

Inventory
N/A

Real Estate
N/A

Business Description


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.


Additional Information
Reason for Selling

Owner would like to retire.

Support & 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.

Market & 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.

Growth & Expansion

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.


Listing Advisor



https://bristolgrouponline.com/listing/564571/
Asking Price
N/A

SDE
$277,879

Gross Rev.
$1,106,972

Location
Rhode Island

Business Description

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.

Detailed Information
Internal ID
201017

Number of Employees
4

Year Established
2010

FF&E
N/A

Inventory
N/A

Real Estate
N/A

Additional Information
Reason for Selling

Owner would like to retire.

Support & 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.

Market & 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.

Growth & Expansion

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.