Operates Two Hearing Aid Centers


Operates Two Hearing Aid Centers
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Asking Price: Get Financing: N/A

Cash Flow: N/A

Gross Revenue: $2,100,000

EBITDA: $150,000


Inventory: N/A

Established: N/A

Operates Two Hearing Aid Centers

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Business Description

Our client has two distinct companies operating in the same market. Company A generates revenue from hearing aids (91%) and service, warranty and adoption plans, and other sources (9%) through a concierge approach to hearing healthcare. Company B also provides hearing aids and related services, but operates as a consulting practice for commercial and governmental entities. Company B generates revenue from hearing aids (43%), contracted testing fees (27%), service (25%), fitting fees (3%), and hearing aid supplies (2%). In 2016, Company A generated 88% and Company B generated 12% of total revenue.

Company A’s customers are primarily cash/credit card-payers (99%) as well as third-party pay (1%). Company B works with workers’ compensation case management companies (36%). With the balance from contracted testing (44%), other insurance (5%), the Department of Rehabilitation (3%), and other sources (12%). Company A serves customers from two locations that are approximately 12 miles apart. Management believes the Company has excellent growth opportunities going forward.

Detailed Information

Support & Training:
As needed
Reason for Selling:
Pursue other interests
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Mike Meredith

Business Listed By:
Mike Meredith

Generational Equity, LLC

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Sponsoring Broker:
Lisa Lippe

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