Fast Growing Online Hearing Care Store with MN Retail

Minneapolis

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Established hearing health e-commerce business specializing in helping individuals with ear and hearing issues by providing exceptional customer service and a comprehensive selection of hearing health products. The business has an established online presence and a diverse product catalog, including prescription, over-the-counter, and consignment hearing aids, chargers, accessories, assistive listening devices, ear care, hearing aid care, and hearing protection. Repeat accessory purchases represent a key component of sales, with the business serving as a convenient one-stop shop for customers' hearing health needs.  Emails are offered at n/c for customer service for store customers. The business offers a differentiated approach through transparent pricing and no conflicts of interest.  Professional audiology expertise if offered at an affordable cost in a fee for service, including remote visits, telehealth, repairs, programming, and other services to keep people hearing well. The website has a membership for those who would like to earn discounts and rewards.  With an established website, digital marketing campaigns, educational content, and affiliate relationships already in place, this business provides a strong foundation for continued growth. An attractive acquisition opportunity for an audiologist, hearing healthcare company, or e-commerce operator looking to expand into the hearing health industry. The buyer does not need to be an audiologist to own or operate the business.

Listing Number:

26005

Category:

Internet/E-Commerce

Location:

Minneapolis
$1,100,000

Financial Information:

Gross Revenue:

$1,269,228

Listed Price:

$1,100,000

Down Payment:

$900,000

Total Income:

$225,576

Year Established:

2020

Lease Information:

Square Feet:

1352

Total Rent:

$2,583

Lease Expiration:

07/2030

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$9,500

Equipment / Fixtures:

$37,600

Inventory:

$50,000

Other Assets:

N/A

Additional Information:

Full-Time Employees:

1

Part-Time Employees:

2

Special License Required:

N/A

Contract Staff:

0

Training Period:

4 weeks

Reason for Selling:

Wants to work without the pressure of being the business owner.

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


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brokerPhoto
Joseph McKeown
Office: | Cell: (952) 356-9013
License #: 40913077

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Fast Growing Online Hearing Care Store with MN Retail
Minneapolis

Listing Number:

26005

Category:

Internet/E-Commerce

Location:

Minneapolis

Listed Price:

$1,100,000
brokerPhoto
Joseph McKeown
Office: | Cell: (952) 356-9013
License #: 40913077

Established hearing health e-commerce business specializing in helping individuals with ear and hearing issues by providing exceptional customer service and a comprehensive selection of hearing health products. The business has an established online presence and a diverse product catalog, including prescription, over-the-counter, and consignment hearing aids, chargers, accessories, assistive listening devices, ear care, hearing aid care, and hearing protection. Repeat accessory purchases represent a key component of sales, with the business serving as a convenient one-stop shop for customers' hearing health needs.  Emails are offered at n/c for customer service for store customers. The business offers a differentiated approach through transparent pricing and no conflicts of interest.  Professional audiology expertise if offered at an affordable cost in a fee for service, including remote visits, telehealth, repairs, programming, and other services to keep people hearing well. The website has a membership for those who would like to earn discounts and rewards.  With an established website, digital marketing campaigns, educational content, and affiliate relationships already in place, this business provides a strong foundation for continued growth. An attractive acquisition opportunity for an audiologist, hearing healthcare company, or e-commerce operator looking to expand into the hearing health industry. The buyer does not need to be an audiologist to own or operate the business.

Financial Information

Gross Revenue:

$1,269,228

Listed Price:

$1,100,000

Down Payment:

$900,000

Total Income:

$225,576

Year Established:

2020

Lease Information

Square Feet:

1352

Total Rent:

$2,583

Lease Expiration:

07/2030

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$9,500

Equipment / Fixtures:

$37,600

Inventory:

$50,000

Other Assets:

N/A

Additional Information

Full-Time Employees:

1

Part-Time Employees:

2

Special License Required:

N/A

Contract Staff:

0

Training Period:

4 weeks

Reason for Selling:

Wants to work without the pressure of being the business owner.

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.