Miracle-Ear

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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.