Question 1

How many Miracle-Ear franchise locations are there?

Accepted Answer

Miracle-Ear currently has 1,588 total units, including 1,192 franchised locations and 396 company-owned locations.

Question 2

Is the Miracle-Ear franchise system growing or shrinking?

Accepted Answer

Miracle-Ear has experienced positive net growth of +1.5% over the past year, with a 3-year compound annual growth rate (CAGR) of +1.1%.

Question 3

What is the franchise vs. company-owned ratio for Miracle-Ear?

Accepted Answer

Miracle-Ear has a franchise ratio of 75%, meaning 75% of all units are franchisee-owned.

Question 4

How many Miracle-Ear franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), Miracle-Ear had 43 units opened and 7 units closed.