Well-Respected Audiology Practice For Sale

Denton County, TX

Business Listed By:

Shaun Rudgear, CBI, CBB
(972) 433-5313

Asking Price:

$150,000

Est. Monthly Payment:

$1,665

Gross Revenue:

$305,285

EBITDA:

N/A

FF&E:

$5,000
Estimated payment based upon 6.0% APR for 120 months with $15,000 down payment for well-qualified buyers. Terms may vary.

Cash Flow:

$82,161

Cash Flow After Annual Debt Service:

$62,181

Inventory:

N/A

Rent:

$4,916.67 per Month

Established:

2014

Business Description:

Do you hear opportunity knocking?

After a successful run, the owner of this well-established Hearing and Audiology center located in Denton County is getting ready to retire. Since 2014, this practice has specialized in testing, hearing aids, and hearing aid optimization in the same location.

The clinic offers hearing healthcare for patients with hearing impairment, tinnitus, and preservation of hearing. The patient profile is approximately 70% first-time wearer with an average age of 55.

The audiologist spends time with each patient to understand their perceptual preferences and translates their hearing likes and needs into acoustic solutions that let them live life to the fullest.

The audiologist is willing to stay on during the transition. More information is available with a signed NDA.

Detailed Information:

Location:

Denton County, TX

Real Estate: 

Leased

Lease Expiration:

7/31/2021

Employees:

2

Facilities:

This clinic is located in a retail strip center and receives lots of walk-in traffic. The office is approximately 1,400 SF with a patient waiting area, consult room, business office, providers office, repair station, a sound booth and testing office, staff lounge, and two restrooms.

Competition:

N/A

Growth & Expansion:

N/A

Financing:

15000

Support and Training:

The current audiologist owner will remain post-sale for a smooth patient transition.

Reason for Selling:

Preparing for future retirement after 25+ years in the industry.