Miracle-Ear
Wellness & Personal Care · Medical Clinics
- Active units
- 1,192
- Avg unit volume
- $452k
Franchised, year-end 2024
About Miracle-Ear
Miracle-Ear is a renowned brand with over 70 years of experience and a history of technological innovation in the hearing aid industry. As a true industry leader, Miracle-Ear is committed to improving lives, relationships, and communities through their cutting-edge hearing solutions. With over 1,500 locations across the United States, they bring leading-edge technology and customized hearing solutions to their customers. Their highly-trained hearing instrument specialists work closely with customers to find comfortable and discreet hearing aids that enhance their everyday experiences. Whether it's enjoying a cup of coffee in the morning or spending quality time with loved ones, Miracle-Ear ensures that every moment is more memorable. Moreover, Miracle-Ear offers a lifetime of aftercare services at no charge, ensuring that customers receive ongoing support and care. With the Miracle-Ear Advantage, customers can expect best-in-class products, extensive industry experience, conveniently located stores, licensed professionals, and peace of mind with a satisfaction guarantee and warranty. Trust Miracle-Ear to support your hearing health journey and make every day a good day.
Key terms
- Fee waiver for certain buyers
Miracle-Ear reserves the right to waive all or part of the Initial Franchise Fee for existing franchisees, territories with Pre-franchised Territory, or individuals selling hearing aids ≥12 months
- Local advertising
10.0% of Net Sales
- Footprint
400 – 1,500 sq ft
- Veteran discount
10.0% off franchise fee — ten percent (10%) discount off your Initial Franchise Fee
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2026 filing); filings on file: 2024, 2025, 2026.
Growth
- Total locations1183
Franchised units open at year-end
- New openings—
Gross new units opened during the calendar year
- 1-year unit growth rate-0.8%
Net unit growth versus prior year
- 3-year unit CAGR-3.1%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio—
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate6.4%
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$261k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open—
Midpoint of average time from agreement to opening
- Royalty rate—
Percent of net sales paid to the franchisor
- Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
Create your free Glidepath account to access full brand information.
Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.