3 Store Hearing Aid Chain - Great Location - Ready for Growth

Dekalb County, GA

Seller Financing Available
3 Store Hearing Aid Chain - Great Location - Ready for Growth
Contact Seller

Asking Price: $250,000

Cash Flow: $80,156

Gross Revenue: $806,159


FF&E: $40,000

Inventory: $5,000

Rent: $3,800 /Month

Established: 2001

3 Store Hearing Aid Chain - Great Location - Ready for Growth

Save Print Share Valuation Report

Business Description

BUSINESS ACTIVITY: The Franchisor is a 68 year old health service company that operates a retail franchise network of more than 1,300 locations across the United States. Asa franchisee, you will enjoy the number one most recognized brand name product in the hearing aid market and a Franchisor that is ranked number 1 in the Health Services Industry.

MARKETING STRATEGY: The Franchise agreement requires each franchisee to spend at least 10% of gross revenues on advertising. The primary advertising media buys are direct mail, local newspapers and internet advertising. Approximately 35% to 40% of the stores revenues in any given year are from past customers.

DAYS AND HOURS: Monday through Friday hours are 9:00 am to 5:00 pm.


TERMS: Purchase price of $250,000. This is a SBA transaction with Buyer’s cash infusion of $37,500 (15% down payment) and Commercial Lending of $212,500. The term of the SBA loan is for 10 years at an interest rate of 7.25% with payments of $2,494 per month. A franchise fee (to Miracle-Ear) of $20,000 is required at closing.

Detailed Information

Included in asking price
Real Estate:
Building SF:
Lease Expiration:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
This is a three store opportunity and the stores are turnkey.
Depending on the offer Seller may consider some level of financing
Support & Training:
Owners have a total of 7 stores and will offer training after the sale. The Franchisor offers outstanding training for owners and staff.
Reason for Selling:
Owners would like to reinvest the proceeds back into thier exisiting business
Contact Seller

Contact the Seller

(from currently available funds)
Contact Seller Loading

Brent Freeman

Business Listed By:
Brent Freeman

The CBB Group

Show Phone Number

View My Listings

Sponsoring Broker:
Bill Billingsley

Listing Statistics

Saved This Listing:
Days Active On Site:
Appeared in Search:
Listing Detail Views:

Ad#:1606723 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Similar Listings

Fitness 1440

Franchise Opportunity In GA
Capital Required: $150,000