118
Miracle-Ear
November 12, 2024 at 6:26:33 PM
Last Year Rank:
129
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Investment Range:
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Initial Investment:
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Category:
$119,500 - $352,500
$20,000 - $50,000
Health/Medical
Company Description
In 1948, Kenneth Dahlberg began manufacturing the first Miracle-Ear hearing aids when he started Dahlberg Electronics. A subsidiary of Italian hearing and distributor Amplifon, Miracle-Ear began franchising in 1983 and is headquartered in Minneapolis, Minnesota. The company offers free hearing tests, consultations and hearing aids at franchisee retail locations.
Company Statistics
Global Sales: $642,000,000US Units: 1,544International Units: 20Total Units: 1,564Percent Franchised: 81%% International Units: 1%US Franchised Units: 1,240International Franchised Units: 20Sales Growth %: 4.6%Unit Growth %: 0.4%
Company Statistics
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Global Sales:
$642,000,000
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US Units:
1544
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International Units:
20
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Total Units:
1564
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Percent Franchised:
81%
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%International Units:
1%
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US Franchised Units:
1240
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International Franchised Units:
20
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Sales Gowth%:
4.60%
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Unit Growth%:
0.40%
Franchise Financial Overview
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Starting Year:
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Franchise Fee:
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Royalty Fee:
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Financing Available: