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Miracle-Ear

Information based on 2024 FDD
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Brand Highlights
  • Founded in 1948
  • Franchising Since 1983
  • 1260 US Franchises
  • $119,500 - $352,500 Investment Range
  • $503,455 Average Gross Revenue
  • $30.15 - $48.80 Royalty Fee
  • $30,000 Franchise Fee
Pre-qualification Amount

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Franzy Fit Score

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Brand Description

Miracle-Ear stands as a pioneering force in the hearing healthcare industry, with a legacy of excellence dating back to 1948. As one of America's most trusted hearing aid providers, Miracle-Ear has transformed countless lives by helping people rediscover the joy of sound and maintain meaningful connections with their loved ones.

What sets Miracle-Ear apart is their commitment to comprehensive care and cutting-edge technology. Each location is staffed with highly trained hearing care professionals who provide personalized solutions tailored to individual needs. Their patient-first approach includes thorough hearing evaluations, expert fitting services, and ongoing support to ensure optimal results.

The franchise's success is built on more than just providing hearing aids; it's about delivering an exceptional customer experience. Miracle-Ear locations offer free hearing tests, lifetime aftercare service, and regular check-ups to maintain and optimize hearing aid performance. Their hearing care professionals take the time to understand each client's unique lifestyle and hearing challenges, ensuring the most appropriate solution is recommended.

Reviews consistently highlight the compassionate, professional service provided by Miracle-Ear specialists, with many customers praising the life-changing impact of their hearing solutions. The franchise's commitment to staying at the forefront of hearing aid technology, combined with their focus on customer satisfaction, has established them as a leader in the hearing healthcare industry.

For entrepreneurs passionate about healthcare and improving people's quality of life, Miracle-Ear offers a proven business model backed by decades of experience and a renowned brand name in the hearing aid industry.

Financial Summary
Franchise Fee
$30,000
Investment Range
$119,500 - $352,500
Investment Midpoint
$236,000
Minimum Cash Required
$119,500
Royalty Fees
$30.15 - $48.80
Brand Fund
$25 - $75
Brand Bragging Rights
Coming soon
Financial Analysis
Franzy provides comprehensive financial analysis to users, offering invaluable insights into investment ranges, gross revenue, and other key financial metrics. This detailed analysis helps prospective franchisees understand the financial commitments and potential returns associated with different franchise opportunities. By leveraging Franzy's data-driven approach, users can make informed decisions and find the perfect franchise that aligns with their financial goals and risk tolerance.

Franzy's financial analysis tools are designed to guide users every step of the way, ensuring they have all the information needed to invest wisely and succeed in the franchise market. Learn More
Expected Investment Range
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Average Gross Sales
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Financing
Financing Details

Franzy connects you with top-tier financing partners to help secure the funds to invest in a franchise like Miracle-Ear. Whether you're looking for a loan or exploring other financial products, our partners provide expert guidance to ensure you obtain the necessary capital. They specialize in offering solutions tailored to the needs of franchisees, making the process of securing financing smooth and straightforward.

Why Financing with Franzy Partners?

Choosing to finance through Franzy's partners ensures you get the best terms and support for your franchise investment. Our partners have extensive experience in the franchising industry and offer specialized financial solutions tailored to your needs. With competitive interest rates and flexible repayment options, you can find the right financing plan that fits your budget and goals. Our partners are committed to providing personalized guidance throughout the financing process, making it easier for you to secure the necessary funds and confidently move forward with your franchise venture.

Finance Partners
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Location Analysis
Location Summary

Explore Franzy's Location Analysis to get a comprehensive overview of franchise and corporate locations. With detailed metrics, including total US locations, open franchises, corporate sites, and average square footage, this section provides valuable insights into the geographical footprint and operational scale of each brand. Whether you're looking for the density of franchises or specific regional presence, our location analysis helps you make informed decisions.

Total US Locations1564
Open Franchises1260
Corporate Locations304
Average Sq. FootN/A sq/ft
Territory Map

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Map

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Franchise Net Unit Growth
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Additional Information

Executive Team

Get to know the leadership behind Miracle-Ear. Learn about the experience and expertise of the executive team guiding Miracle-Ear's success. For more details, refer to Item 2 of the Franchise Disclosure Document (FDD).

Litigation

Review any legal actions or pending litigation involving Miracle-Ear. Understanding the legal history helps assess potential risks and the brand's business practices. For more details, refer to Item 3 of the Franchise Disclosure Document (FDD).

Bankruptcy

Review Miracle-Ear's bankruptcy history and any filings by key personnel or affiliates. This critical information provides transparency about the brand's financial stability and management. For more details, refer to Item 4 of the Franchise Disclosure Document (FDD).

Franchisor Assistance

Learn about Miracle-Ear's comprehensive support system for franchisees, including initial training programs and continuous operational assistance. Understanding the available resources and support structure is crucial for franchise success. For more details, refer to Item 11 of the Franchise Disclosure Document (FDD).

Frequently Asked Questions
Disclaimer

The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

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