Hearing Aid/audiology Practices

This listing is for a profitable Audiology/Hearing Aid practice in the Milwaukee suburbs that operates from two locations. The practice offers services such as hearing tests, hearing aid consultation and evaluation, hearing aid sales, hearing aid fitting and programming, hearing aid repairs, custom ear molds and musician ear molds. These clinics treat a wide variety of adult patients with hearing loss.
The family-owned practice was started in 1965 as a division of an optometry practice. In 2004 the hearing aid division was spun off into its own entity. The owner is retiring but will to stay on for a few months to help the new owner transition. The Patient Care Coordinator (part time) is willing to help the new owner transition and may be available for permanent employment. The Audiologist (part time) will be retiring at the sale of practice.
There is great potential for growth with this opportunity. The current owner only works a limited schedule and there is dynamic potential by expanding from a 3-day schedule to a 5-day one. Advertising, website development, adding a new audiologist and more can also be done to further the business’ growth.
The practice has an outstanding reputation for offering the newest technologies in hearing instrument devices and are known to provide compassionate care and excellent service. They have a strong base of clients, excellent word of mouth and strong reviews online.
Over $31,000 in technology, assets and inventory values will be transferred with the sale of the business as well.
If you would like more information about this business or if you would like to schedule a site visit, please contact the agent by phone or email. These can sometimes get filtered into junk/spam folders. If you do not hear back from us within 24 hours (weekdays), please contact the agent by phone.