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Businesses For Sale   >>   Illinois Businesses For Sale Categories   >>   

Retail Hearing Aid Business For Sale

Location  Illinois,United States
Asking Price Range  $250K - $500K
Gross Revenues  $314787
Net Profit / Cash Flow  $112583
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1989
Number of Employees  1 - 3
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Leased
Training  Available at buyer's request.
Reason for Sale  Retirement.
Description  Very profitable, independent hearing aid dealer offering sales and service of all major brands, located in a wealthy and rapidly-growing Chicago suburb. The company is structured as an S-Corporation and has been in business since 1989. The new owner will enjoy an extremely loyal customer base, as 70% of sales come from repeat customers and referrals. This is a high-margin, cash business, that capitalizes on the aging population and has unlimited growth potential. Facilities: Clean, modern and fully furnished 750 sq. ft. office space complete with soundproof booth; separate room for counseling and fitting; repair lab; reception desk and waiting area. New carpeting and furniture. Excellent condition. 2 years remaining on 3 year lease. Competition & Market: Oldest and most well-known business of its kind in the area. Premier location in wealthy and rapidly-growing Chicago suburb near major shopping hub with great signage and visibility from major road. Favorable demographics as population is older and wealthier than the average city in both county and state. Contact for more information on this retail hearing aid business for sale.
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