Miracle-Ear

42
  • Founded: 1948
  • Started Franchising: 1983
  • Products/Services Offered: Hearing Aid Customer Service
  • Official Franchising Site: http://www.miracle-ear.com/miracle-ear-business-opportunities/

Known as the most popular franchise to provide hearing aids for patients, Miracle-Ear has been servicing citizens since 1948.  Hearing aids have extended the listening life for citizens, and is an industry that’s praised because of all the research that has gone into the development of them.  Specialists and doctors have invested years of work, and today millions of people are having a great day just because they get to hear the sounds of nature.  If it wasn’t for Miracle-Ear, that might not be the case.

  • As of 2015 there were 1,259 Miracle-Ear franchises
  • The total calculated sales for Miracle-Ear franchises in America is $83,000,000
  • Average approximated annual sales for a Miracle-Ear location is $65,925
  • The estimated average cost of opening a Miracle-Ear franchise is $119,000 – $287,500 (initial investment)

Credibly For Your Franchise

Millions of Miracle-Ear patients get to experience free check-ups for life on their hearing aids which includes checking the components for proper functioning, thorough cleaning and fitting of the hearing aid, as well as discussing the recent history of your hearing.  Hearing aids are complicated pieces of equipment which require specific, expensive parts that are often tough to gain because of money issues.  Credibly realizes this which is why we want to help you by lending your Miracle-Ear $10,000, $20,000 or even $250,000 to help fund for the specific materials, and tools it takes to construct each hearing aid.  If you’re looking for any type of small business funding, Credibly can provide it for your Miracle-Ear.  It’s important to extend the hearing life for any citizen out there that needs the assistance, and we want you to use the funding we provide in order to do so.  Applying for working capital online can be completed in 15 minutes or less because we want you to complete the other important tasks that a small business owner must attend to.  Use Credibly today to enhance your Miracle-Ear, and to provide exquisite service for years to come.

Credibly Franchise Financing Index

The Credibly Franchise Ranking Index is a scoring system that ranks the overall sustainability and cost of owning & operating various brands of franchises. Several factors are included when calculating the Index score, such as cost of opening the business, the cost of supplies and operations, and more.

SOURCES The Credibly Business Index score given to Miracle-Ear franchises is 42 out of a possible 100. This score is generated from data derived from studies and insights compiled by industry publications, internal yearly reports, information from industry figures, and more. This Business Loan and Revenue Index is intended for informational purposes only, and may not be applicable to, or predictive of, your particular circumstances.

DATA SOURCES:

Entrepreneur 

Franchise Times