Miracle-Ear Franchise - Hearing Aids Company
Miracle-Ear Franchise Opportunities
Miracle-Ear franchise is the leading retailer of hearing aids which is constantly included in the list of top 50 franchise systems by Entrepreneur. The centers provide additional services for their clients like free consultations, hearing tests and after-care packages. The business was established in 1948. After they offered their first Miracle-Ear hearing aids company franchise for sale, the chain has been growing very fast. Today the brand has 1452 franchise units in the USA. Investing in the business, a new franchisee not only makes a contribution into solutions for people who suffer from hearing loss but also get the opportunity to be the boss of a successful brand.
How to open a NextHome franchise?
- Ensure you have adequate capitalization.
In order to open the Miracle-Ear hearing aids company franchise, you must pay an initial fee of $30,000.
- Appreciate the investment required for a hearing aids company franchise.
You will need to consider real estate costs, the cost of equipment and signs, the costs of licenses and permits, the cost of uniforms, the cost of insurance, etc.
- Evaluate your prior experience and strengths.
You should thoroughly evaluate your prior business experience before applying to become a Miracle-Ear hearing aids company franchise owner.
- Assess market availability.
You will want to look at the market availability for Miracle-Ear franchises and see if there are available markets in your location of interest before proceeding with the franchising application.
- Submit your application.
Your application will be reviewed by the Miracle-Ear franchise team. You will be emailed a confirmation receipt upon reception of your online application, where we will additionally provide the contact details of the franchise owner.
- Receive approval & opening your Miracle-Ear franchise.
You will receive franchise approval once your financial and background checks are completed. Approval will only be given to candidates who meet all the requirements of franchise owners.
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How much does the Miracle-Ear franchise cost?
Miracle-Ear has a franchise fee of up to $30,000, with a total initial investment range of $119,000 to $352,500.
Miracle-Ear Initial Investment
Initial Investment: $119,000 - $352,500.
Initial Franchise Fee: $30,000
Ongoing Royalty Fee: $48,80/aid
Ad Royalty Fee: $75/aid
Miracle-Ear website: www.miracle-ear.com
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Starting investments from:$119,000
- Company foundation year1948
- Year of launching the franchise1983
- Franchise enterprises:1452
- Franchisees in USA:1452
- Corporate Address:150 S. 5th St., #2300 Minneapolis, MN 55402