Reputable & Established Audiology Practice

Asking Price$1,200,000

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$1,231,218

InventoryNot Disclosed

FF&E$117,085
Included in asking price
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Reputable & Established Audiology Practice


Asking Price$1,200,000

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$1,231,218

InventoryNot Disclosed

FF&E$117,085
Included in asking price

Seller Financing Available
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.
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

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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.


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