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Miracle-Ear
Miracle-Ear business owners receive the best of two worlds: the rewards of running their own business and the support of a nationwide industry leader. And there's much more in store?like the satisfaction of helping people overcome a hearing loss, working with state-of-the-art technology and tapping into the opportunity of an enormous -- and growing -- target market. The company offers products and services to people suffering hearing loss. They offer hearing aids and give check-ups to measure progress and state of the current affliction.
Facts & figures
The capital required to open a unit is $50,000. New Miracle-Ear franchisees need to have at least a $100,000 net worth. The low end of the total investment required to open a new franchise is $122,500. $570,000 is the maximum that someone opening a location should expect to invest. $28,000 is the franchise fee new franchisees pay the franchisor. There are currently 1328 Miracle-Ear units in operation.
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