Miracle-Ear Franchise Business Opportunity
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Miracle-Ear is the nation's leading hearing aid provider. Since 1948, people have turned to Miracle-Ear for the best in hearing aids. Miracle-Ear not only helps people hear better, they offer the highest quality service in the hearing-aid industry with a network of 1,295 retail locations.
Miracle-Ear is owned by Amplifon. Amplifon is an Italian multinational company with its head office in Milan. It is the world leader in the distribution of hearing systems (hearing aids) and their fitting and personalization to the needs of clients with hearing impairment.
In 2010, Miracle-Ear was ranked #1 among all franchise systems in the health-care category by Entrepreneur Magazine's Franchise 500. Overall, Miracle-Ear ranked #14 out of 500 as best franchises to own.
Miracle-Ear is focused on serving the 32 million Americans with hearing loss. Studies show, hearing loss is projected to nearly double by 2050. Hearing loss is the 3rd most chronic condition in older adults and approximately 25% of people with hearing loss wear hearing instruments.
Coupled with the statistics above, there is an increased awareness of the impact of untreated hearing loss and the development of hearing instrument technology. The hearing aid industry is positioned to see enormous growth!
Franchising since 1984, Miracle-Ear offers an array of value propositions which provides the support needed to succeed on a local level. The following are some examples of the value Miracle-Ear offers franchisees:
- Exclusive Territories
- World-Class Marketing
- Sales Education and Quality
- Insurance Referrals
- Red Ventures National Call Center
- Business Workshops
- Store Location and Support
Most importantly, Miracle-Ear is the #1 recognized brand in hearing aids!
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