Miracle-Ear

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Founded

1948

Started franchising

1983

Industry
Retail
Sub industry
Other Retail

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)

?

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Undisclosed

Operating Profit

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Undisclosed

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

2025

1260

304

1564

1275

262

1537

1302

206

1508

PROFITABILITY

Find how profitable this franchise is vs. industry benchmarks

Miracle-Ear
Retail
franchises
Other Retail
franchises

Operating Profit

?

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Undisclosed

Sales : Investment ratio

?

Undisclosed

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Investment Payback

?

Undisclosed

n.a.

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Franchise Disclosure Document

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Franchise fees
Total investment

?

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Revenue (AUV)

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Profitability metrics

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Investment Payback (ROI)

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COMPETITORS OF

Miracle-Ear

Franchise
Units
Growth
Initial fee
Investment
Revenue (AUV)
Gross Profit

1260

+
-3%
-3%
No growth

$30,000

$120,000

-

$353,000

Undisclosed

Pro
Pro

Undisclosed

ADDITIONAL INFORMATION

Home based franchise

Passive investment opportunity

Item 19 available

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