Miracle-Ear franchise
2025 filing · March 28, 2025Fewer locationsShares sales figures
Miracle-Ear at a glance
A hearing aid center offering hearing tests and fitting Miracle-Ear hearing aids in an exclusive territory. At the end of 2024 there were 1,588 Miracle-Ear locations in the US, 1,192 franchised and 396 company-owned.
The business
- Franchisor
- Miracle-Ear, Inc
- The company that sells the franchises
- Typical size
- 400–1,500 sq ft
What you pay
- Cost to open
- $120K–$403K
- Fee, build-out and opening working capital
- Franchise fee
- $30,000
- A $20,000 license fee plus a territory fee of $4,000 per 100,000 people, at least $10,000; $30,000 is the minimum, for a territory of up to 250,000 people.
- Royalty
- $48.80 per hearing aid
- $48.80 for each Miracle-Ear hearing aid sold and $30.15 for each AudioTone Pro hearing aid
- Brand fund
- Yes
- $25 or $75 per hearing aid
- Agreement length
- 5 years
- Territory
- Protected
- Protected territory
- Franchisor financing
- Some financing offered
Where it is
- US locations, 2024
- 1,588
- Franchised and company-owned
- Franchised
- 1,192
- Company-owned
- 396
- Change in 3 years
- −110
- Franchised locations, 2022–2024
- States
- 50
- Most in Pennsylvania, New York and Florida
Support and records
From Miracle-Ear, Inc’s 2025 filing; revenue and net income from its audited financial statements, page 117; SBA status from the SBA Franchise Directory, October 28, 2026.
Franchisor revenue is the company that sells the franchises (royalties, fees and anything else it earns), not what a location makes.
Where it ranks
Miracle-Ear among all franchises with the same figure.
| Figure | Miracle-Ear | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $261,250 | Costs less than 61% of franchises |
| Franchise feePaid once, when you sign | $30,000 | Lower than 72% of franchises |
| US locationsFranchised and company-owned | 1,588 | More than 98% of franchises |
| Sales per locationYearly, as the brand reports it | $452,474 | Lower than 77% of brands that share sales figures |
| Sales against cost to openYearly sales over the cost midpoint | 1.7× | Higher than 55% of brands that share sales figures |
How much a Miracle-Ear franchise costs
Opening one Miracle-Ear costs an estimated $120,000 to $402,500. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are real property, build out costs ($20,000 to $200,000) and additional funds - 3 months ($30,000 to $80,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $30,000 | ||
| Prepaid Expenses - Franchise | $500 | $2,500 | |
| Prepaid Expenses - Location | $1,000 | $5,000 | |
| Travel and Living Expenses During Training | $2,000 | $5,000 | |
| Real Property, Build Out Costs | $20,000 | $200,000 | |
| Furniture, Fixtures and Equipment | $30,000 | $60,000 | |
| Signage | $1,500 | $10,000 | |
| Inventory | $5,000 | $10,000 | |
| Additional Funds - 3 months | $30,000 | $80,000 | |
| Total | $120,000 | $402,500 | |
Source: Miracle-Ear, Inc, 2025 filing, page 20
Miracle-Ear franchise fee
The franchise fee is $30,000, A $20,000 license fee plus a territory fee of $4,000 per 100,000 people, at least $10,000; $30,000 is the minimum, for a territory of up to 250,000 people.. You pay it when you sign the franchise agreement.
Source: Miracle-Ear, Inc, 2025 filing, page 15
Royalty and ongoing fees
| Royalty | $48.80 for each Miracle-Ear hearing aid sold and $30.15 for each AudioTone Pro hearing aid. |
|---|---|
| Brand or marketing fund | $25 or $75 per hearing aid. |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Miracle-Ear, Inc, 2025 filing, pages 15 and 16
Sales and earnings
Shares figures Miracle-Ear publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
- Average net sales
- $452,474
- Median net sales
- $392,569
Yearly figures for 2024, covering franchised locations open all 12 months of 2024 (684 full-time and 326 part-time) (1,010 locations). The average is about 1.7 times the midpoint of the cost to open.
Sales are what a location takes in before rent, payroll, royalties and other costs, not what its owner keeps.
Source: Miracle-Ear, Inc, 2025 filing, pages 53–54
SBA loans to Miracle-Ear franchisees
Lenders approved 43 SBA-backed loans for Miracle-Ear franchisees from 1992 to 2023, $14.2M in all: 40 7(a) loans and 3 504 loans. Of the 36 that have ended, 33 were paid in full and 3 were charged off (8.3%). The other 7 haven’t ended yet.
A charged-off loan is one written off as uncollectible. See SBA franchise loans for how 7(a) and 504 loans work.
Source: SBA 7(a) and 504 loan data, as of September 30, 2026
Growth and closures
Share of franchised locations, 2024 / 2022–2024. Typical means the median: half of brands are above it, half below.
| Measure | Miracle-Ear | Typical health and wellness brand | Typical franchise |
|---|---|---|---|
| GrowthNet change in franchised locations | −5.4% / −8.4% | +6.7% / +23% | +1.2% / +10% |
| ClosuresTerminated, not renewed or stopped operating | 0.6% / 2.6% | 6.3% / 29% | 3.9% / 16% |
| Bought backLocations the franchisor took back | 8.3% / 16% | 0% / 0% | 0% / 0% |
Typical health and wellness brand is the median of the 57 brands in health and wellness franchises with three years of counts.
How Miracle-Ear compares
Of the 199 health and wellness franchises on this site, Miracle-Ear is the 38th cheapest to open and the 4th largest by number of locations.
| Figure | Miracle-Ear | Typical health and wellness brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $120K | $224K | $222K |
| Cost to open, high end | $403K | $498K | $477K |
| Franchise fee | $30K | $45K | $40K |
| Sales per location | $452K | $711K | $794K |
| US locations | 1,588 | 10 | 21 |
| Shares earnings figures | Yes | 125 of 199 | 2,147 of 3,352 |
Typical is the median across the 199 brands in health and wellness franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2022 | 1,275 (−27) | 262 | +39 | −66 |
| 2023 | 1,260 (−15) | 304 | +45 | −60 |
| 2024 | 1,192 (−68) | 396 | +43 | −111 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: Miracle-Ear, Inc, 2025 filing, page 58
Where Miracle-Ear locations are
At the end of 2024, Miracle-Ear had locations in 50 states. The most are in Pennsylvania, New York and Florida.
- Pennsylvania91
- New York84
- Florida81
- Michigan77
- Wisconsin75
- California72
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| Pennsylvania | 54 | 37 | 91 |
| New York | 84 | 0 | 84 |
| Florida | 17 | 64 | 81 |
| Michigan | 77 | 0 | 77 |
| Wisconsin | 75 | 0 | 75 |
| California | 10 | 62 | 72 |
| Texas | 3 | 67 | 70 |
| Illinois | 62 | 3 | 65 |
| North Carolina | 60 | 0 | 60 |
| Ohio | 30 | 21 | 51 |
All 50 states
Source: Miracle-Ear, Inc, 2025 filing, page 59
Who owns Miracle-Ear?
Miracle-Ear franchises are sold by Miracle-Ear, Inc.
From Miracle-Ear, Inc’s 2025 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | Yes. The filing describes past or pending cases involving the franchisor, its affiliates or its executives on pages 13–14. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Miracle-Ear, Inc, 2025 filing, litigation on pages 13–14, bankruptcy on page 14
Miracle-Ear filings
The figures on this page come from Miracle-Ear, Inc’s 2025 filing, issued March 28, 2025, on record with the Minnesota Department of Commerce.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2025 filing | March 28, 2025 | Minnesota | Costs, fees and locations, 2022–2024 |
Each link opens the filing as a PDF. See the newest filings across all brands.
Other health and wellness franchises
All health and wellness franchises
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