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Asking Price$1,499,000
Revenue$1,827,060 Established1993
Cash Flow$438,532 Employees8 full-time
FF&EUndisclosed* FranchiseNo
Inventory$50,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This East Tennessee based hearing healthcare specialist has been helping friends and neighbors achieve a higher standard of living through better hearing for almost 30 years. This company averaged $1.8M in revenue over the last 3 years and is projected to outpace that in 2020. Seller discretionary earnings in the last 12 months is $438,000. This company has operated based on word of mouth referrals and its longevity in the marketplace. It's current structure is with an owner operator. This structure could continue, or there is an opportunity to run this company with a General Manager via Part Time Manager Owner or Investment Owner.
Training/Support:The seller is willing to train and transition the purchaser for a mutually agreeable period immediately following closing to ensure a smooth and seamless transition.
Sale Reason:Owner is transitioning to retirement
Ad #119874
Seller Reference #KNOXVTN002-N23
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Contact This Seller
Mark Stooksbury
865-964-7786
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