Invest In a Better Quality of Life for Both You and Your Patients.
Coates Hearing Clinic is a family-owned audiologic practice owned by Dr. Kathleen Coates and her husband, Jordan. As a medical practice, the patient’s best interests are at the center of every decision we make. Utilizing evidence-based best practices and state-of-the-art testing equipment, our franchisees offer world-class audiological care in a comfortable, upscale environment.
We’ve created a unique pricing structure which ensures patients never have to pay more to purchase hearing aids and related services at our location as compared to another practice or hearing aid dealer.
It involves a combination of price-matching, service plans and incredibly low cost of goods. We accept most major insurance plans which, along with our price-match program, allows patients to benefit from insurance discounts without the clinic settling for just a fitting fee from a 3rd party or sacrificing clinic revenue.
Thanks to years of bulk-buy strategy and hard-won price negotiations with manufacturers, our franchisees could see margins for private pay hearing aid patients as high as 83% for some manufacturers.
Our system and processes create a refreshingly pleasant experience for our patients, and our proven business model that allows for significant profitability.
Unlike many new businesses, a Coates Hearing Franchise has the potential to be profitable immediately. Coupled with a staff profit-sharing plan that incentivizes efficiency and employee buy-in, a Coates Hearing Clinic franchise offers a lucrative investment opportunity for audiologists and entrepreneurs alike!
The global hearing aids industry is projected to generate $34+ billion by 2032, expanding at an 11.7% CAGR. Environmental factors, illness, and a demographic shift towards an aging population means that the number of patients experiencing hearing loss continues to grow.
More than a hearing aid provider, Coates Hearing Clinic offers comprehensive audiological services. As more people turn to innovative technological solutions for better hearing health, this is a franchise opportunity you won’t want to miss:
Growing demand, low product costs, and high margin potential means that motivated franchisees can see immediate profitability, generating substantial revenue from day one.
Gain a competitive edge from Coates Hearing Clinic’s unique combination of competitive hearing aids pricing coupled with a high-end boutique medical clinic experience.
Benefit from diverse and recurring revenue from hearing aid sales, diagnostics, patient service plan options, as well as the opportunity to expand to additional services like vestibular testing or cochlear implants.
Enjoy ease of startup with written manuals for every facet of operations from front desk and audiology assistant operations to audiologist protocols, putting you light years ahead of a new audiology startup
Achieve optimal outcomes and a high rate of patient retention and referrals by utilizing evidence-based standards of care and the latest diagnostic/treatment techniques and technology.
Benefit from industry-leading pricing discounts and higher margins thanks to years of relationship building and negotiation with manufacturers.
*Financing Available
Our one-on-one training will provide all the necessary knowledge to run your own Coates Hearing Clinic.
From opening day to daily operations, we’re always just a phone call away if you need help.
We’ll provide professionally designed branded handouts with up-to-date information along with years’ worth of marketing materials, accessible to you at all times.
Grow your client base by leveraging our established brand, messaging, SEO strategies, and detailed marketing plans.
We’ll help you recruit competent, kind, experienced professionals who share your vision of patient care clinic success. We’ll help you find the right people and incentivize them (through pay plans and benefits) so that they stay happy and productive.
Complete our form on our website and we will reach out to provide you with more information.
We will schedule an in-person or remote meeting to review your application and discuss details as we begin our partnership.
Our franchise development representative will schedule a visit to our corporate location. Here, we will review detailed information on our business model, support, and marketing tools available.
We will send you a copy of our Franchise Disclosure Document (FDD) for your review. You will have 14 days to review the document.
After the FDD review, this is the time to apply for financing if needed!
This is not a franchise offering. A franchise offering can be made by us only in a state if we are first registered, excluded, exempted or otherwise qualified to offer franchises in that state, and only if we provide you with an appropriate franchise disclosure document. Follow-up or individualized responses to you that involve either effecting or attempting to affect the sale of a franchise will be made only if we are first in compliance with state registration requirements or are covered by an applicable state exclusion or exemption.
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