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Audiology Hearing Aid Practice For Sale

Location  Virginia,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $787000
Net Profit / Cash Flow  $120000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2003
Number of Employees  4 - 5
Inventory  35000
Relocatable  No
Number of Employees  4 - 5
Real Estate  Leased
Training  Available
Reason for Sale  Retirement
Description  This private practice Audiology / Hearing Aid Business for sale in Virginia has two locations and provides hearing aid sales and audiological services. This practice serves patients using computer based testing, fitting, and practice management. Services include diagnostic hearing evaluations, hearing aid and hearing aid accessories dispensing. The practice is well known in the community with a very good reputation. Referrals are obtained through word of mouth by current patients and area physicians. Located in Philadelphia, Virginia, this practice's primary focus is on hearing aid dispensing to the geriatric population of the area. The demographic for this practice is educated and affluent, with an age range from 55-95 years old. The business services 20 zip codes emanating from a 5 mile radius. Seller will thoroughly train the new owner. Seller will consider some seller financing for a qualified buyer with a reasonable down payment. The building is a two story standalone facility located on a quiet, lovely, old-growth, greened and flowering property. Recent building renovations made the building a premier commercial property complete with replicas of historic steeples and barn-door window treatments (photos available). The office is divided into three rooms and four functional areas: reception area, waiting room, testing/lab area, and an audiologist's office. The square footage is 1500 sq ft. The office is located directly on a main thoroughfare into Philadelphia, Virginia. Business has a very affordable lease at $1,650 / month. This is a terrific turnkey opportunity for anyone looking for a hearing aid business for sale or an audiology practice for sale. Please call Ward Wicht (228) 388-7030 and visit AudiologyPracticeForSale.com for further information.
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