MergerPlace

Hearing Aid Sales & Service

Ohio


  • Asking Price: $250,000
  • Gross Income: $692,404
  • Cash Flow: $130,922
  • Real Estate: Not Disclosed
  • Inventory: $2,000
  • FF&E: $38,000
  • Listing ID: #201085
  • Established: 1992
  • Employees: 4 FT/1 PT

Business Description

Complete sales and service of hearing aids and related hearing products and batteries. Hearing testing.


Business Details

Primary Business Category: Retail Trade - Health & Personal Care
Location: Ohio

Company Information

Year Established: 1992
Home Based: No
Franchise: Yes
Relocatable: Yes
Number of Employees: 4 FT/1 PT

Financial Information

Asking Price: $250,000
Gross Revenue: $692,404
Cash Flow: $130,922
FF&E: $38,000
Inventory: $2,000
Seller Financing Available: No

Property Information

Facilities:

Business presently operates out of two storefront locations in Northeast Ohio. Both locations are in busy, high traffic commercial locations.

Growth & expansion opportunities:

Available demographics demonstrate the future growth for this type of business service to be strong with the large population of the 'baby boomer' generation beginning to age out and increasingly need hearing services and hearing aids.

Competition:

This business is rated at the top of hearing aid brand franchises in Entrepreneur Magazine's Franchise 500 List and enjoys significant market presence.

Reason for selling:

Retirement.

Support & Training:

Will train for 8 weeks @ no cost. Licensed Audiologist would be able to collect additional commissions for hearing aid sales but no special or additional skills or licenses are needed.

Contact Business Seller

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Business Listed By:

Darrin Kert

Murphy Business Brokers