Miracle-ear vs The Closet Trading Co.
Franchise Comparison 2026
Both Miracle-ear and The Closet Trading Co. are retail franchises. Miracle-ear requires an investment of $120K – $403K while The Closet Trading Co. requires $157K – $370K. The Closet Trading Co. discloses average revenue of $592K; Miracle-ear does not report Item 19 data. Miracle-ear has SBA lending data on file with a 0.0% charge-off rate. FranchiseVerdict rates Miracle-ear A (Strongest tier) and The Closet Trading Co. A (Strongest tier).
| Metric | Miracle-ear | The Closet Trading Co. |
|---|---|---|
| Verdict Grade | AStrongest tierStrongest tier | AStrongest tierStrongest tier |
| Investment Range | $120K – $403K | $157K – $370K |
| Franchise Fee | $20K | $60K |
| Royalty Rate | Flat monthly fee ($104.15/month per FT or PT location; $41.21/month per service location) plus per-unit fees ($48.80 per Miracle-Ear hearing aid, $30.15 per AudioTone Pro) - not a percentage of gross sales. | 5.0% |
| Average Revenue (Item 19) | N/A | $592K |
| SBA Charge-Off Rate | 0.0% (10 loans) | N/A |
| Total Units | 1,595 | 8 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 1984 | 2019 |
| FDD Year | N/A | 2025 |
Investment Range
$120K – $403K
$157K – $370K
Franchise Fee
$20K
$60K
Royalty Rate
Flat monthly fee ($104.15/month per FT or PT location; $41.21/month per service location) plus per-unit fees ($48.80 per Miracle-Ear hearing aid, $30.15 per AudioTone Pro) - not a percentage of gross sales.
5.0%
Average Revenue (Item 19)
N/A
$592K
SBA Charge-Off Rate
0.0% (10 loans)
N/A
Total Units
1,595
8
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
1984
2019
FDD Year
N/A
2025