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What to know about Miracle-Ear franchise? Miracle-Ear® franchisees own and operate a hearing aid business using the Miracle-Ear® name and associated trademarks. The Franchisee will sell a complete line of quality hearing aids manufactured for Miracle-Ear, Inc. together with certain related products and services from its authorized hearing aid centers. Miracle-Ear is based in Minneapolis, MN. Scroll down to learn more!How much does a Miracle-Ear franchise cost?Are you wondering how much is a Miracle-Ear franchise? Before starting a Miracle-Ear franchise, it is important to know the franchise fee, working capital and other costs required to start the business.The minimum investment amount required to open a Miracle-Ear franchise is $119,500 and can go all the way up to $352,500. Keep in mind, you should also allocate additional funds to live off of while the Miracle-Ear business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Miracle-Ear franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Miracle-Ear business 2) pass break even 3) hit significant income.After (and if) you pass the point of earning significant income from your Miracle-Ear franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.
You know we feel that we’re not wanted, and that we’re getting squeeze with increasing costs and administrative burdensCurrent Operator, Sep 12, 2023
Miracle-Ear is a leader in the hearing aid industry. A gem at one time. Tarnished by inexperienced, distant management with poor leadership skills. Plus unbelievable product problems from only hearing aid supplier.Current Operator, May 10, 2023
I HAVE BEEN WITH MIRACLE-EAR FOR 20 YEARS, LOVE IT.Current Operator, Mar 7, 2023
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