Miracle-Ear
We provide hearing aids and related products and services for people with hearing loss. Our centers sell in-the-ear and behind-the-ear hearing aids, along with accessories and ear care products, and provide the presale and post-sale services needed to help customers select, fit, and use their devices. We operate retail hearing aid centers that may be freestanding or located inside approved third-party retail settings. Our business is focused on helping customers improve hearing with a complete line of products designed for different levels of hearing loss.
Your franchise match score
Health & Wellness
Brand highlights
- CEOAlessandro Bonacina
- Headquarters150 South 5th Street, Minneapolis, MN, 55402
- Year founded1972
- Year started franchising1984
- IndustryHealth & Wellness
- Locations open1588 (+80 last three years)
Statistics & metrics
- Investment range$120,000 - $402,500
- Franchise fee$30,000
- Royalty$48.80 for each Miracle-Ear® hearing aid. $30.15 for each AudioTone Pro.
- Brand fund$25 or $75 per hearing aid.
- Required Liquid CapitalN/A
- Required Net WorthN/A
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2025-03-28
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Miracle-Ear, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Initial Franchise Fee | Learn about the initial franchise fee required to join the Miracle-Ear franchise system and what that fee covers. | |
| Other Fees | Understand the ongoing and additional fees associated with owning a Miracle-Ear franchise, including royalties, marketing contributions, and other required payments. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Miracle-Ear franchise, including startup costs and working capital estimates. | |
| Territory | Understand how franchise territories are defined, whether they are exclusive, and under what circumstances they may be modified by Miracle-Ear. | |
| Financial Performance Representations | Review any financial performance information Miracle-Ear provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 1588 |
| Franchise locations | 1192 |
| Corporate locations | 396 |
System growth over time
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