Audiology Practice and Hearing Aid Business
Off-MarketMultiple, PA
Audiology Practice & Hearing Aid Dispensing Business
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$1,100,000
$250,000
22.7%
2014
30+ Days
Customers
Consumers with hearing difficulties, all B2C.
Customer Acquisition
Marketing efforts focus on direct mail, digital marketing, community seminars at assisted living facilities, physician outreach, and referrals.
Team
Has 1 practitioner and 1 patient coordinator per practice. All staff are board-certified hearing instrument specialists requiring a six-month apprenticeship and state exam; no audiologists are required in Pennsylvania.
Owner's Role
Marketing and financials, but no longer sees patients.
Reason for Selling
The owner is looking to sell off a portion of the locations (3/12) that are located about a 2-hour drive from where he lives in Western PA. He is located in Central PA and would prefer to keep those locations. The owner is 60 years old and looking to scale down operations.
Contracts
Yes
Real Estate
No
When Are You Looking to Sell
Within the next 6-12 months
Licenses Required
Can own this business without a license.
Additional Notes
The company is not a franchise, but the business model involves independent operation with protected territories, requiring 90% of product purchases through a specific hearing aid provider. Total revenue across all locations in 2024 was approximately $4.3 million, up from $3.5 million in 2023. The three Western PA locations generated $1.1 million in revenue last year with approximately $250,000 in profit. The locations for sale are more profitable overall than the Central PA locations.
Business ID: 1407
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