Reputable & Established Audiology Practice
Business Description
Reputable & Established Audiology Practice
This highly reputable audiology practice has over three decades of community presence and physician trust. Established in 1994, the practice has built a strong referral network across multiple specialties and maintains a stellar reputation for patient care and clinical excellence.
Founded by a respected local audiologist, the business has been deeply integrated into the local healthcare community, with a patient database of over 16,000 users, including almost 4,000 active patients. The practice sees an average of 445 patients per month, including an average of 38 hearing aid fittings with a close rate of 97 percent. Patients are a balanced mix of new and returning, with about 20 percent paying through insurance and Medicaid.
The average selling price per hearing aid is $1,595, with Phonak accounting for 80 percent of sales. Resound and Widex make up the other 12 and 8 percent, respectively. The practice has established good relationships with various insurance providers, including Aetna, Anthem, Blue Cross / Blue Shield, Humana, Meridian Health, and Tricare.
The staff consists of three audiologists, one licensed dispenser, one front office staff member, one administrative staff member, and one dispenser in training. This experienced team is likely to remain if quality standards and a collaborative culture are maintained.
Founded by a respected local audiologist, the business has been deeply integrated into the local healthcare community, with a patient database of over 16,000 users, including almost 4,000 active patients. The practice sees an average of 445 patients per month, including an average of 38 hearing aid fittings with a close rate of 97 percent. Patients are a balanced mix of new and returning, with about 20 percent paying through insurance and Medicaid.
The average selling price per hearing aid is $1,595, with Phonak accounting for 80 percent of sales. Resound and Widex make up the other 12 and 8 percent, respectively. The practice has established good relationships with various insurance providers, including Aetna, Anthem, Blue Cross / Blue Shield, Humana, Meridian Health, and Tricare.
The staff consists of three audiologists, one licensed dispenser, one front office staff member, one administrative staff member, and one dispenser in training. This experienced team is likely to remain if quality standards and a collaborative culture are maintained.
About the Business
- Years in Operation
- 32
- Employees
- 7 Full-time
3 audiologists, 1 dispenser, 1 office, 1 admin, 1 dispenser in training - Currently Relocatable
- Yes
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,375
- Rent
- $2,500.00 per month
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Negotiable
- Financing Options
- Some seller financing may be negotiable for a well-qualified buyer.
Listing Info
- ID
- 2502377
- Listing Views
- 71
Listing ID: 2502377 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.



