Hearing Aid Center
Location California,United States
Asking Price Range < $250K
Gross Revenues $75000
Net Profit / Cash Flow $40000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1994
Number of Employees 1 - 3
Inventory 17500
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train
Reason for Sale Semi retirement
Description This 18 year old Hearing Aid Center is fully equipped with all high quality medical equipment and computer programs necessary to successfully dispense hearing aids to its clients. The owner is well respected and well known in the local community for her excellent customer service and caring attitude. The practice represents over five (5) of the best known major hearing aid manufacturers from its busy retail location in West Los Angeles and enjoys a loyal following. A new owner can make this business thrive by mining the current and past customer base and renewing contact with the local senior communities and medical facilities. Areas for growth are sales to the medicare\medical community and increased sales of accessories, parts, batteries etc. ''Baby Boomers'' will provide an enduring demographic that will increasingly need these services. Present owner will remain for two weeks and help with transition to new ownership team.
Landlord is willing to negotiate a new lease for this pleasantly decorated retail location with two parking spots in the rear of the building.
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