Established Hearing Center Business for Sale

Corvallis, OR

Asking Price:	$699,000
Gross Revenue:	$1,066,959
FF&E:	$202,508

Cash Flow:	$201,120
EBITDA:	$201,121
Established Year:	1991

Listing ID: 2311785Listing provided by BizBuySell

BUSINESS DESCRIPTION

Hearing Center with Established Clientele and State-of-the Art Equipment

This prestigious Hearing Center, located in Corvallis, has been in operation since 1991!
The Center has 2,633 square feet of leased space which includes a beautiful reception and waiting room area, five offices, a storage and filing room as well as a kitchenette and two bathrooms. The state-of-the-art equipment is included in the asking price. There is also a convenient parking area for employees and clients and an outside patio area surrounded by lush landscaping!
The center is staffed with professionally trained office support, technician assistants and a certified product tester. It is also approved for all major insurances including the Veterans Administration.

*A Doctor with an Audiology Degree (Au. D.) will be required for this business to operate.

DETAILED INFORMATION

Location

Corvallis, OR

Inventory

Included in asking price

Building SF

2,633

Employees

Furnitures, Fixture & Equipment(FF&E)

Included in Asking Price

Facilities

Located in a quaint and well maintained office park with a convenient parking area for employees and clients. The inventory includes two sound proof hearing booths, hearing diagnostic systems as well as office equipment. The existing lease expires early 2027 with a five-year renewal option. This center is fully staffed with professionally trained office support and technician assistants.

Competition

Businesses that support hearing health are growing significantly due to the aging population, increasing awareness about hearing health, and advancements in hearing aid technology. Many reports indicate a positive projected growth rate of almost 6% over the next five years. This Hearing Center has a stellar reputation and has been established for over 30 years. The Center also accepts all major insurances including Veteran Affairs and also enjoys a well established clientele.

Growth & Expansion

The owner of this Hearing Center has enjoyed a home and work balance by being in the office three days a week. Having a doctor available five days a week could substantially increase revenues!

Support & Training

The owner is willing to assist with support and training after the sale. The time frame for support is negotiable. *A Doctor with an Audiology Degree (Au. D.) will be required for this business to operate.

Reason for Selling

Retiring

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