Miracle-Ear
The total investment to open a Miracle-Ear franchise ranges from $32,500 to $965,450. The initial franchise fee is $30,000. Ongoing royalties are 5% plus a 10% advertising fee.
What is the Miracle-Ear franchise?
Miracle Ear is a hearing care business that sells hearing aids and provides hearing services. The estimated total initial investment is $32,500 to $965,450, and the initial franchise fee is $30,000.
The royalty is 5 percent of sales, and the advertising or brand fund fee is 10 percent. The franchise agreement term is 5 years.
Miracle Ear is headquartered in State College, PA, and was founded in 1948. Cost and fee figures are from the 2026 Franchise Disclosure Document.
Loan Activity Score
49/100
SBA Default Rate
7.3%
Active Lenders
23
According to its Franchise Disclosure Document or public business records, Miracle-Ear has 40 locations, all owned by franchisees. Public SBA loan records show 23 lenders made 41 loans to franchisees of Miracle-Ear. PeerSense calculates Miracle-Ear's score as 49 out of 100, using public SBA loan performance and recent lending activity. Cost figures are based on the 2026 Franchise Disclosure Document.
Franchising since 1948 · 40 locations
$32,500 to $965,450
$30,000
40
40 franchised
Proprietary PeerSense metric
FairDistinct lenders in public SBA records for Miracle-Ear
41
Total SBA loans
$256K
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for Miracle-Ear
Loan Activity Score Breakdown
Established (25 to 99 loans)
Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.
Blended default rate (recent + all time) compared to NAICS sector peers.
Quality lenders actively backing this brand, with penalty for lender pullback.
FDD availability, Item 19 disclosure, and overall data completeness.
Geographic spread of SBA funded locations across states.
SBA Lending Performance
SBA Default Rate
7.3%
vs 3.2% peer avg
SBA Loans
41
Total Volume
$10.5M
Active Lenders
23
8 selective
States
22
vs. SBA Sector Average
SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Miracle-Ear based on SBA lending data
SBA Default Rate
7.3%
4.1% above peer avg
SBA Loan Volume
41 loans
Across 23 lenders
Lender Diversity
23 lenders
Avg 1.8 loans per lender
Investment Tier
Significant investment
$32,500 to $965,450 total
Miracle-Ear: 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
2021
4 approvals. The best year on record for Miracle-Ear.
Top SBA State
Pennsylvania
5 SBA financed Miracle-Ear locations, the densest operator footprint.
Average Loan Size
$256K
Median $260K. Use as a sizing anchor when modeling your own Miracle-Ear unit.
Lender Concentration
46.3%
Concentrated
Share of Miracle-Ear approvals captured by the top 3 SBA lenders.
Miracle-Ear's SBA lending pipeline peaked in 2021 (4 approvals). The last five fiscal years account for 17% of cumulative volume ($2.5M approved). Operator density is highest in Pennsylvania with 5 SBA financed locations. Average funded ticket sits at $256K, with the median at $260K. Lender mix is concentrated: the top three SBA lenders account for 46.3% of approvals. Credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$336
Principal & Interest only
Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
Locations
Miracle-Ear, unit breakdown
Explore Funding for Miracle-Ear
Our business financing consultants help connect you with the right lending partners. Referral fee paid at closing.
Or get an instant analysis
Scan Your Deal Instantly3 FDDs Available for Miracle-Ear
Review franchise fees, investment ranges, royalties, Item 19 financial data, and year over year trends. Request complimentary access through your PeerSense funding advisor.
Page Review
Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
Last reviewed LinkedIn profileAbout Edward Freeman