About Miracle-Ear Inc.
A trusted resource for hearing solutions for over 70 years, Miracle-Ear uses state-of-the-art technology to remove the barriers of hearing loss. The Minneapolis, MN-based company specializes in custom hearing solutions that feature discreet, comfortable products designed to meet each individual’s hearing loss needs. Free hearing tests are available at all of the company’s 1,500 franchised locations nationwide. Franchise opportunities are available for those interested in running their own Miracle-Ear business with the support of a nationwide industry leader.
Why a Miracle-Ear Franchise?
Miracle-Ear provides its franchise business owners with the best of both worlds: the prestige and support of the #1 most-recognized hearing aid brand along with the freedom of being your own boss.
By joining our network you’ll be part of the nation’s largest retailer of hearing aids, gain access to highly competitive cost of goods, and be part of a franchise that consistently ranks in the top 50 franchise systems by Entrepreneur® Magazine.
In addition, Miracle-Ear offers you the opportunity to make a difference in the lives of the hearing impaired. As hearing loss is increasingly common among Americans, studies have shown its link to isolation, depression, lower income, even dementia. As a Miracle-Ear franchise owner, you’ll be able to provide real solutions for people who suffer from hearing loss—and you’ll be giving them back an essential part of their lives.
Miracle-Ear supports your business
When you join Miracle-Ear, we’re here to make sure you have the tools and resources you need to succeed.
Smart business and financial tools
Sycle.net web-based office management system customized exclusively for the Miracle-Ear brand. With this industry-leading system, we’re able to gain valuable key metrics and other information to help drive better business decisions.
-Sycle.net helps with appointment scheduling, sales and inventory management, customer relationship management, has a Quickbook Sync and much more.
-24/7 online ordering and payment, order history and tracking, invoice payment and account management.
-Specialized business action plans for finance, marketing and human resources.
-Ongoing business support from a designated Regional Business Development Manager.
-Assistance in a variety of reporting and accounting functions including protocols, establishing pricing strategies and discounts, establishing operating expense benchmarks, conducting break-even analyses, establishing a line of credit and more.
-Training workshops established to provide business best practices and strategies.
National marketing that works for you
There’s a reason Miracle-Ear® has been ranked the #1 franchise opportunity in health care, and #21 overall, by Entrepreneur Magazine. It’s because we at Miracle-Ear invest in the business partners who join our thriving network. And by working together, to make Miracle-Ear the nation’s premier hearing aid network, we’re all working for you.
Your business will capitalize on the most recognized name in the industry and a strong 70+ year history of service and trust.
Miracle-Ear national marketing programs deliver quality online and TV leads channeled directly to your business. A leading-edge national website as well as your own individual website pages, are designed updated and maintained on your behalf. Top of the line nurture and retention programs are already in place for your business, all you have to do is opt in.
On the local level you will have access to a dedicated marketing manager that will help with marketing planning and tracking. You’ll have access to branded in-store signage and collateral, as well as proven direct mail, newspaper and online creative.
Marc Lundeberg, Executive VP Americas
1983 (38 years)
Total Number of Units
1,511 (as of 2020)
Part-Time / Full-Time
Stock Ticker Symbol
How Much Does It Cost To Open A Miracle-Ear Inc. Franchise?
There are several costs associated with opening a Miracle-Ear Inc. franchise. There is typically a franchise fee set by the franchisor, which covers the costs of opening a franchise location. Some other commons fees include equipment fees, marketing fees, licensing fees, insurance, and taxes, to name a few.
Some franchises may have a weekly fee that the franchisee pays for operating a Miracle-Ear Inc. franchise. The weekly fee for opening a Miracle-Ear Inc. franchise is Royalty Fees Are Due When The Payment Is Due For The Hearing Aid.
The full breakdown of these fees can be found in the Financial Disclosure Document (FDD) provided to franchisees by the franchisor. The FDD report will contain additional information such as whether the franchise is renewable (Miracle-Ear Inc. Is Renewable) and does the franchise offer financing support (Miracle-Ear Inc. Miracle-Ear Inc. has relationships with third-party sources which offer financing to cover the following: startup costs).
Miracle-Ear Inc. Company Details
Here are some additional details about Miracle-Ear Inc..
|Parent Company||Amplifon USA Inc.|
|Net Worth Requirement||$75,000|
|Veteran Incentives||10% off franchise fee|
|Term of Agreement||5 years|
|Run from Home||No|
Training and Support Offered By Miracle-Ear Inc.
Miracle-Ear Inc. offers several support options to its franchisees. With 1,511 (as of 2020) units, Miracle-Ear Inc. aims to provide support to each franchise owner to help them operate a successful franchise location. Miracle-Ear Inc. offers No on the job training, 34 hours classroom training, and Ongoing training as needed additional training.
Training and Support Offered
Here are the support options offered by Miracle-Ear Inc..
|Classroom Training||34 hours|
|Additional Training||Ongoing training as needed|
Is Miracle-Ear Inc. Right For You?
Miracle-Ear Inc. has gone digital! Here are all of the ways you can find Miracle-Ear Inc. online. Oftentimes, you can reach out to current franchisees of Miracle-Ear Inc. online. Current franchisees may be able to offer personalized insights into what it is like owning a Miracle-Ear Inc. franchise and offer tips to running a successful Miracle-Ear Inc. franchise location.
Why Should You Start a Miracle-Ear Inc. Franchise?
Investing in a Healthcare & Senior Care franchise such as Miracle-Ear Inc. can kickstart your franchise portfolio. Our goal at Why Franchise is to provide you with the resources needed to be a successful franchise owner. Fill out the form below to get more information about Miracle-Ear Inc. franchise and we'll be in touch soon!