Hearing Aid Specialist In Rapidly Growing Area

Asking Price$249,900

Cash Flow
$122,817
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$265,136

Inventory$15,000
Included in asking price
FF&E$25,000
Included in asking price
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Hearing Aid Specialist In Rapidly Growing Area


Asking Price$249,900

Cash Flow
$122,817
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$265,136

Inventory$15,000
Included in asking price
FF&E$25,000
Included in asking price
Business Description
Hear the Surf and the Money Flow In
A necessary service, limited competition, and decent profit margins?
Hearing aid specialists fit all three! People start potentially needing hearing aids at around age fifty, meaning that the larger population of elderly in Orange Beach and Gulf Shores is an excellent market for a hearing aid store. Furthermore, it's not exactly something people can go without. When someone's hearing aid needs repairs, they can't just wait for a month to have it repaired.

This is also true for tourists or snowbirds. Whenever one of them leaves their charger at home or forgets an extra battery while on vacation, they seek out location options rather than waiting it out and ruining their vacation. This gives the company a boost in revenue as it's well placed for visibility and is a frequent stop for vacationers in need of a forgotten charger or a quick repair.

And, as the area continues to grow, the amount of people needing hearing aids in the area will only rise. The specialization and licensing needed also limits competition, meaning a larger percentage of the market can be pulled with less cost. Thankfully, the seller is licensed to teach and help a new buyer obtain licensing, so anyone can run this store, regardless of their background in the industry.

Furthermore, hearing aids and related services tend to have good profit margins, leaving room for reinvestment and expansion.

A few key points:

* Hearing Aid Services usually have good profit margins
* Specialized Licensing Reduces competition and restricts new market entry
* Seller is licensed to help a buyer earn licensing and is willing to ensure a smooth transition.
* This company has an AMAZING location that pulls in customers organically, and benefits from locals, snowbirds, and tourists.


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About the Business
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,500
Rent
$1,500.00 per month
About the Sale
Seller Motivation
Retirement and Travel
Transition Support
Seller is able to train new owner for licensing.
Listing Info
ID
2383972
Listing Views
358

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Business Listed by: Gene Townley TNT Business Brokers

Listing ID: 2383972 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.