Hear Again America
Franchising since 2013 · 2 locations
The initial franchise fee is $50,000. Ongoing royalties are 5%. Hear Again America currently operates 2 locations (2 franchised). The top SBA 7(a) lenders for Hear Again America are First Bank of the Lake. PeerSense FPI health score: 51/100. Data sourced from the 2025 Franchise Disclosure Document.
$50,000
2
2 franchised
Proprietary PeerSense metric
ModerateActive capital sources verified for Hear Again America financing
SBA
7(a) Eligible
21d
Avg Funding
P+2.25%
Best Rate
No retainers · Referral fee at closing
FPI Score Breakdown
New/Niche (1-2 loans)
SBA Lending Performance
SBA Default Rate
0.0%
0 of 2 loans charged off
SBA Loans
2
Total Volume
$0.7M
Active Lenders
1
States
2
Top SBA Lenders for Hear Again America
What is the Hear Again America franchise?
The escalating challenge of hearing loss, a condition affecting approximately 37.5 million adults across the United States, profoundly diminishes quality of life and social engagement for millions, driving a persistent demand for accessible, high-quality hearing healthcare solutions. Hear Again America, a prominent hearing healthcare franchise, addresses this critical consumer problem by providing advanced hearing aids and personalized care, striving to improve the lives of individuals experiencing hearing impairment. The company was founded in either 2013 or 2014 by co-founders Asaf Peled and Robert Morrison, AuD, with Asaf Peled also serving as a founding member and co-founder of Hear Again America Franchising, while Robert Morrison, AuD, held the position of President of Hear Again America in 2016. Headquartered across Deerfield Beach, Florida, and Boca Raton, FL, this private entity was established with the explicit goal of delivering an elevated customer experience in hearing healthcare, underpinned by a "people-first culture" and an unwavering commitment to excellence. As of 2024, the company's broader operational footprint has been reported to include 33 total units, all 33 being company-owned, though other sources indicate over 35 corporate retail locations or 30+ locations concentrated in Florida, Georgia, South Carolina, and Maryland. Further reports suggest a network of 36 locations nationwide with a growing number operated by franchisees, or even 37 total U.S. locations with 10 open franchises. PeerSense's independent franchise database, however, currently records 2 total units, both of which are franchised, with 0 company-owned units, reflecting the very early stages of its formal franchising program launched in January 2023. Hear Again America positions itself as one of the largest audiologist-owned hearing healthcare companies, strategically expanding its presence within the U.S. hearing aid market, which was valued at $3.66 billion in 2021 and is projected to grow to $5.86 billion by 2029. For franchise investors, this brand represents a significant opportunity within a lower-barrier healthcare segment, offering a compelling entry point into a recession-resistant industry characterized by consistent demand.
The hearing healthcare industry is currently experiencing substantial growth, underpinned by powerful demographic shifts and an increasing societal awareness of hearing health's critical importance. The North American hearing aid market, specifically, demonstrated a robust 41% growth in 2021, with its valuation of $3.66 billion in 2021 poised for expansion to $5.86 billion by 2029. This growth trajectory is significantly fueled by an aging population, as approximately 10,000 Baby Boomers reach the age of 65 every single day, making hearing loss a primary health concern for this substantial demographic segment. Projections indicate a global surge in individuals with hearing loss, from 466 million in 2020 to an estimated 900 million by 2050, underscoring the long-term, secular tailwinds benefiting this sector. Beyond demographics, advancements in hearing aid technology, including the integration of AI, Bluetooth streaming capabilities, health and movement tracking features, and even language translation functionalities, are continually enhancing product efficacy and consumer appeal, further stimulating market demand. This specialized healthcare sector is widely recognized as recession-resistant, maintaining consistent demand irrespective of broader economic cycles, which makes it particularly attractive for franchise investment. Despite the significant and growing demand, the competitive landscape remains relatively fragmented, with only about 10,000 clinics dispensing hearing aids across the U.S., presenting substantial market whitespace for expansion-oriented brands like Hear Again America. Macroeconomic forces, including an aging populace and rapid technological innovation, converge to create a fertile environment for businesses capable of adapting swiftly to evolving regulations, customer preferences, and market conditions while upholding stringent quality standards. The broader franchise market itself is projected to expand by USD 565.5 billion, exhibiting a compound annual growth rate (CAGR) of 10% from 2025 to 2030, with North America leading this expansion, accounting for 38.9% of the growth during the forecast period.
Investing in a Hear Again America franchise begins with an initial franchise fee of $50,000, a sum typically remitted upfront upon the execution of the Franchise Agreement. The total estimated initial investment required to establish a Hear Again America franchise presents a range that varies across sources, reported as $179,000 to $318,000, or more precisely $179,100 to $318,450, and in another instance $187,100 to $318,450, with a broader estimate citing $118,000 to $320,000. This comprehensive investment encompasses critical expenses such as clinic build-out, the acquisition of specialized medical and diagnostic equipment, initial product inventory, and essential early operating costs to ensure a smooth launch. Notably, this investment level is positioned significantly below the sub-sector average range of $250,076 to $473,911, rendering it an attractive, lower-barrier healthcare franchise opportunity for aspiring entrepreneurs. Prospective franchisees are advised to have minimum liquid capital of $60,000 or $187,100 to cover these initial financial outlays. A detailed breakdown of the initial investment costs includes a $50,000 initial franchise fee, travel expenses for initial training ranging from $2,000 to $5,000, leasehold improvements estimated between $25,000 and $75,000, and furniture and fixtures costing $20,000 to $40,000. Further expenses include signage from $3,500 to $10,000, equipment from $15,000 to $30,000, and computer systems and licenses from $2,000 to $3,500. Operational startup costs involve three months' rent and security deposit ranging from $6,000 to $15,000, opening inventory and supplies from $2,500 to $5,000, and an initial marketing spend of $20,000 to $28,000. Miscellaneous costs include uniforms ($100 to $250), insurance ($1,000 to $1,500), business licenses ($0 to $200), professional fees ($2,000 to $5,000), and additional funds for three months of operations ($30,000 to $50,000). The ongoing fees for a Hear Again America franchise vary, with one source indicating a royalty fee of 4% plus $47.50 per hearing aid alongside an advertising (national brand fund) fee of 12.00%. Other reports suggest a 5% royalty fee with a 0% brand fund, while a source from October 2025 details an ongoing royalty fee of 6% of gross sales and a marketing and advertising fee equivalent to 2% of gross sales, highlighting potential variations in fee structures over time or across different disclosures. This accessible investment profile, coupled with varied ongoing fee structures, positions Hear Again America as a mid-tier healthcare franchise investment, strategically designed to attract a broad range of qualified investors.
The operating model for a Hear Again America franchisee centers on delivering advanced hearing healthcare services through a personalized, patient-centric approach. Daily operations involve conducting individualized consultations, providing customized hearing solutions utilizing state-of-the-art testing equipment, and offering comprehensive follow-up care, all within a comfortable and welcoming clinic environment. The company emphasizes customer satisfaction and active community involvement, which typically translates into franchisee engagement in local health fairs, educational events, and strategic partnerships with local healthcare providers. While specific staffing requirements are not detailed, the model implicitly requires skilled professionals, such as audiologists or hearing specialists, supported by administrative and patient care coordination staff, reflecting a professional service delivery and patient relationship management focus. Hear Again America primarily operates through dedicated clinic locations, designed to house the necessary medical and diagnostic equipment. The brand provides a comprehensive initial training program for new franchisees, spanning two weeks and conducted at the company’s headquarters, covering essential operational procedures and brand standards to ensure consistent service quality. This training is integral to the turnkey solution offered by the franchisor, which provides established systems and expert guidance specifically designed to mitigate risk for new establishments. Ongoing corporate support is a cornerstone of the Hear Again America franchise model, ensuring franchisees have continuous access to resources covering operational best practices, brand standards, and potentially marketing programs and supply chain assistance, though these specifics are not detailed. Franchisees are granted a protected territory, typically defined as a three-mile radius around their approved center location. In densely populated urban areas, this territory may be adjusted to a range of two blocks to three miles. The franchisor commits to not establishing or authorizing another Hear Again America center within this designated territory, provided the franchisee remains in compliance with the franchise agreement; however, it is important to note that the territory is not exclusive in all aspects, implying potential for other sales channels or pre-existing relationships within the broader area. While multi-unit requirements are not explicitly stated, the company’s strong growth trajectory and hub-and-spoke expansion model suggest opportunities for expansion for successful franchisees. The model is best suited for an owner-operator or a highly engaged managing partner, given the emphasis on professional service delivery and the cultivation of long-term patient relationships.
It is crucial for prospective investors to note that Item 19 financial performance data is not disclosed in the current Franchise Disclosure Document for Hear Again America. Despite the absence of formal Item 19 disclosures, publicly available information provides some insight into the company's financial footprint, with reported gross revenue for Hear Again America cited as either $644,939 or $1,131,600 annually. These reported gross revenue figures suggest solid unit economics within this specialized healthcare niche, particularly when evaluated against the brand's lower initial investment threshold, which approaches sub-sector averages despite requiring significantly less upfront capital. Furthermore, estimated owner-operator earnings are cited within the range of $147,108 to $181,056, indicating a potentially attractive return for engaged operators. The franchise payback period is estimated at 3.1 to 5.1 years, a timeframe that underscores the potential for a relatively swift return on investment given the robust demand in the hearing healthcare sector. However, investors must recognize that gross revenue, which represents total income before any expenses are deducted, does not equate to net profit. A comprehensive understanding of the difference between gross revenue and net profit—what remains after all operating costs, royalties, and fees are accounted for—is paramount for accurate profitability assessment. Without Item 19 data, a deeper dive into industry benchmarks, market position, and the brand's unit count growth trajectory becomes even more critical to infer potential unit-level performance and overall financial viability for a Hear Again America franchise. The company’s decade-long operational track record and its position as one of the largest audiologist-owned hearing healthcare companies provide a foundation for these revenue projections, suggesting a stable operational framework supporting these figures.
Hear Again America has demonstrated a robust growth trajectory, strategically expanding its footprint since its founding in 2013 or 2014. While PeerSense's current database indicates 2 franchised units and 0 company-owned franchised units, the company's broader corporate network has been reported to encompass 33 total units, all company-owned, as of 2024. Other sources suggest over 35 corporate retail locations, or more than 30 locations spanning Florida, Georgia, South Carolina, and Maryland, with some reports detailing 36 total U.S. locations (majority company-owned with a small but growing number of franchisees) or even 37 total U.S. locations with 10 open franchises. This variation in reported unit counts likely reflects the different stages of the company's development, with the larger figures representing its established corporate presence prior to or during the initial phase of franchising. The formal franchise program was launched in January 2023, marking a significant corporate development aimed at accelerating expansion. This strategy quickly yielded results, with the company announcing the establishment of new Hear Again America franchises in four territories in less than two months in August 2023, signaling strong initial interest in its turnkey model. The company's expansion has followed a successful hub-and-spoke model, originating from Florida and extending northward, establishing a strong regional concentration across the Southeast, including Florida, Georgia, South Carolina, Maryland, North Carolina, and Virginia. This strategic growth targets areas characterized by higher concentrations of retirees and aging populations, aligning with demographic trends driving demand. Hear Again America’s competitive moat is built upon its reputation as one of the largest audiologist-owned hearing healthcare companies, its decade-long operational track record, and its commitment to an elevated customer experience. The brand differentiates itself as a multi-line provider, offering the latest hearing technology, including advanced solutions with AI integration, Bluetooth streaming, health and movement tracking, and language translation capabilities, all supported by state-of-the-art testing equipment. The franchise model itself was developed to break down barriers to independent practice ownership, offering established systems and expert guidance. The company’s ability to adapt quickly to changing regulations, customer preferences, and market conditions while maintaining high-quality standards further solidifies its market position, ensuring sustained customer loyalty in a dynamic healthcare environment.
The ideal candidate for a Hear Again America franchise is an individual who possesses either substantial healthcare industry experience or a strong, proven business acumen, as the model demands professional service delivery and adept patient relationship management. While multi-unit ownership is not explicitly detailed as a requirement, the brand's rapid expansion and hub-and-spoke growth strategy suggest significant potential and opportunity for franchisees looking to scale their investment. Hear Again America operates exclusively within the United States, with a strategic geographic focus on markets that exhibit higher concentrations of retirees and aging populations, such as its strong regional presence in Florida, Georgia, South Carolina, Maryland, North Carolina, and Virginia. New franchisees are specifically advised to target markets characterized by favorable aging demographics, limited existing competition in the hearing healthcare sector, and robust local healthcare networks that can provide referral opportunities. The timeframe from signing the franchise agreement to opening a new center is not explicitly provided, but the description of a "turnkey solution" implies an efficient and structured launch process designed to expedite market entry. The initial franchise agreement term length is not available, nor are specific renewal or transfer terms, requiring prospective franchisees to consult the Franchise Disclosure Document for comprehensive details on these critical contractual elements. The emphasis on patient care and community involvement means the ideal franchisee is not just a business operator, but a dedicated healthcare provider committed to making a tangible difference in their community, aligning with the brand’s mission to improve quality of life for individuals with hearing loss.
For investors considering a foray into the resilient and growing healthcare sector, the Hear Again America franchise presents a compelling opportunity that warrants serious due diligence. The brand operates within the North American hearing aid market, which is projected to expand significantly to $5.86 billion by 2029, a segment driven by an aging population and increasing health awareness. With an FPI Score of 51 (Moderate), the franchise balances growth potential with established operational practices. Its lower initial investment threshold, ranging from $118,000 to $320,000, is notably below the sub-sector average, making it an accessible entry point into a specialized healthcare niche. The company's decade-long operational track record since 2013 or 2014, combined with its strategic hub-and-spoke expansion model and commitment to an elevated customer experience, positions it as a robust player in a recession-resistant industry. Despite Item 19 financial performance data not being disclosed in the current FDD, reported gross revenues for the company between $644,939 and $1,131,600 annually, alongside estimated owner-operator earnings of $147,108 to $181,056, suggest solid unit economics and a favorable payback period of 3.1 to 5.1 years. This opportunity is further contextualized by the broader franchise market's projected increase of USD 565.5 billion by 2030, with North America leading at 38.9% growth. PeerSense provides exclusive due diligence data including SBA lending history, FPI score, location maps with Google ratings, FDD financial data, and side-by-side comparison tools. Explore the complete Hear Again America franchise profile on PeerSense to access the full suite of independent franchise intelligence data.
FPI Score
51/100
SBA Default Rate
0.0%
Active Lenders
1
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Hear Again America based on SBA lending data
SBA Default Rate
0.0%
0 of 2 loans charged off
SBA Loan Volume
2 loans
Across 1 lenders
Lender Diversity
1 lenders
Avg 2.0 loans per lender
Hear Again America — Deep SBA Data
Brand-specific metrics derived directly from SBA 7(a) approval records — peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2025
2 approvals — best year on record for Hear Again America.
Top SBA State
Arizona
1 SBA-financed Hear Again America locations — the densest operator footprint.
Average Loan Size
$341K
Median $341K — use as a sizing anchor when modeling your own $Hear Again America unit.
Lender Concentration
100%
Concentrated
Share of Hear Again America approvals captured by the top 3 SBA lenders.
Hear Again America's SBA lending pipeline peaked in 2025 (2 approvals). The last five fiscal years account for 100% of cumulative volume ($682K approved). Operator density is highest in Arizona with 1 SBA-financed locations. Average funded ticket sits at $341K, with the median at $341K. Lender mix is concentrated: the top three SBA lenders account for 100% of approvals — credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$5,176
Principal & Interest only
Locations
Hear Again America — unit breakdown
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