Company Overview
American HealthCare Capital is pleased to exclusively present an Audiology Practice for sale in the Mid-Atlantic Area. The practice provides audiology services, including but not limited to hearing testing, hearing aids, personal fittings and adjustments, etc. The practice provides audiology services in two office locations approximately eighty miles apart. However, only one of the office locations is for sale. The office location that is for sale was established in late 2022.
Patient Overview
The practice maintains an active patient population of approximately 761 individuals, with an average patient volume of only 40 appointment visits per month. The practice also has a prospect list of approximately 284 individuals who have inquired about audiology services. The existing patient population is approximately 95% adults and 5% children.
Financial Overview
The Practice payor mix is approximately 80% Commercial Insurance and 20% Private Pay. The practice had gross revenues of $80,408 and $177,842 during calendar years 2023 and 2024, respectively. The Practice experienced a loss of $15,298 in 2023 but had net income of $6,713 in 2024. The practice is expected to generate gross revenue of approximately $120,000 and net income of approximately $16,000 in calendar year 2025.
As a result of the distance between practice locations, the owner has decreased the scheduled office hours to only three days per month. Accordingly, the practice is seeking a hands-on investor who can devote the appropriate amount of time to grow the practice.
Currently, the practice is positioned for significant growth with the high and growing demand for audiology services, a constant waitlist for new and established patients, active recruitment of additional audiologists, and recognition within the community, which a new owner could build upon. Based on these factors, the practice has forecasted significant growth of both gross revenue and net income during 2026 and beyond.
Staff Overview
At present, the staff consists of 1 Owner and 1 Front Desk Receptionist, neither of whom are anticipated to remain with the practice following the transition to a new owner. The Owner is very interested and willing to assist the new owner during a reasonable transition period.
Asking Price
The asking price for this opportunity is to be determined, and will exclude cash, receivables, and working capital.
