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. In terms of revenue, The Closet Trading Co. reports higher average unit revenue at $592K. Note: Includes company-owned outlets. FranchiseVerdict rates Miracle-ear B (Above average) and The Closet Trading Co. B (Above average).
| Metric | Miracle-ear | The Closet Trading Co. |
|---|---|---|
| Verdict Grade | BAbove averageAbove average | BAbove averageAbove average |
| Investment Range | $120K – $403K | $157K – $370K |
| Franchise Fee | $30K | $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) | $428KOutlet subset | $592KIncl. company outlets |
| SBA Charge-Off Rate | Limited data | N/A |
| Total Units | 1,595 | 8 |
| Unit Growth (YoY) | -9 units | -1 units |
| Year Began Franchising | 1984 | 2019 |
| FDD Year | 2026 | 2025 |
Investment Range
$120K – $403K
$157K – $370K
Franchise Fee
$30K
$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)
$428KOutlet subset
$592KIncl. company outlets
SBA Charge-Off Rate
Limited data
N/A
Total Units
1,595
8
Unit Growth (YoY)
-9 units
-1 units
Year Began Franchising
1984
2019
FDD Year
2026
2025