| Asking Price |
$440,000 | Inventory |
$25,000* |
|---|---|---|---|
| Gross Income |
$360,000 | Real Estate |
|
| Cash Flow |
$199,000 | Year Established | 1990 |
| FF&E |
$12,000* | Employees | 3 |
* included in the asking price
** not included in the asking price
The Business sells and services hearing aids to hearing impaired clients. It tests hearing, performs hearing diagnostics, recommends specific hearing aid products, fits and adjusts hearing aids, cleans ears, and provides post sales support to its clients. It has a long history of providing professional care and quality service to its clients in the Oklahoma City Metro Market. Its market is robust and growing for the services and products offered by the Business. The Company differentiates itself from its competitors by its expertise and superior, quality service, using the latest technology at reasonable prices. The business requires an Oklahoma State approved licensed Audiologist to sell the products and provide the services.
Facilities: The business faces a high traffic count street and operates in a 1200 square foot leased facility with a transferable three year lease expiring February 28, 2011. The monthly rent of $1547 includes insurance, maintenance and taxes.
Competition: The market is robust as the population for the business's products and servicesin increasing. There are a number of competitors in the market, but the business is growing and maintains competitive pricing for its products and services.
Growth/Expansion: Continued growth will require that the exsisting advertising program be maintained.
Financing: This Business is expected to qualify for SBA Financing with 25% Buyer down
Support/Training: The Owners will provide up to one week of support to familiarize the Buyer with office procedures and operation.
Reason Selling: The Owners are relocating to another City to take over an existing business.

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