Established Hearing Aid Clinic, 4,000-Patient Database

Hearing aid store for sale

Asking price

$410,000

Revenue

$313,227

Cash flow

$112,304

About this business

This is a licensed hearing instrument practice that has served patients across a multi-state region for over a decade, fitting hearing aids by hand through a consultative process rather than a computer formula. The business sells and fits hearing aids, conducts hearing evaluations, and handles repairs and adjustments, with revenue split roughly 75% testing and fitting and 25% repairs. The owner reports over 4,000 patients in the database, and new customers arrive through word-of-mouth referrals, online search, insurance partnerships, and paid advertising.

The two co-owners built the practice from the ground up in 2011 and are known for personal, high-touch care that larger competitors and big-box retailers do not replicate. The owner reports a surge in private-pay patients this year driven by word-of-mouth, and the business holds relationships with major third-party insurance networks. The practice operates Tuesday through Friday out of a leased office space, and the owners are willing to stay on for up to six months to transition the business to a new buyer. The standout: a 4,000-patient database and multi-channel referral pipeline give a licensed buyer an immediate, established patient base to build from.

A buyer will need to hold, or employ someone who holds, a state license as a Hearing Instrument Specialist. The owners note untapped growth opportunities they chose not to pursue, including a return to mobile service at nursing homes and assisted living facilities, which previously served the local area and could be expanded into neighboring states with the appropriate licensure.