Miracle-Ear

Hearing aid franchise providing comprehensive hearing evaluations, personalized hearing solutions, and ongoing support, helping individuals improve their hearing health and quality of life.

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial investment

$120,000

$353,000

Initial franchise fee

$30,000

Royalty fee

$48.80 for each Miracle-Ear hearing aid.

Advertising fee

10.00%

Revenue (AUV)

vs.

for

franchises

Operating Profit

vs.

for

franchises

Franchised units

1260

-3%

(

-42

)

-3%

(

-42

)

vs. 2 years ago

Company-owned units

304

Total units

1564

UNITS

This is how many units the franchise has in total

Franchised units

Company-owned units

Total units

2024

1260

304

1564

1275

262

1537

1302

206

1508

PROFITABILITY

Find how profitable this franchise is vs. industry benchmarks

Miracle-Ear

Retail

franchises

franchises

Revenue

- COGS

Gross Profit

- Labor costs

- Other costs

Operating Profit

Sales : Investment ratio

Investment Payback

Franchise Disclosure Document

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COMPETITORS OF

Miracle-Ear

Franchise

1260

-3%

No growth

$30,000

$120,000

$353,000

Undisclosed

n.a.

$35,000

$113,000

$395,000

Undisclosed

19%

$49,500

$140,000

$194,000

Undisclosed

-1%

n.a.

$1,404,000

$4,857,000

Undisclosed

291

81%

$20,000

$93,000

$149,000

Undisclosed

136

-1%

$35,000

$168,000

$228,000

Undisclosed

100%

$30,000

$211,000

$468,000

Undisclosed

$25,000

$309,000

$395,000

Undisclosed

-36%

$10,000

$170,000

$268,000

Undisclosed

$35,000

$227,000

$1,095,000

Undisclosed

-18%