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FranchiseVerdict

The Closet Trading Co. vs Miracle-ear

Franchise Comparison 2026

Both The Closet Trading Co. and Miracle-ear are retail franchises. The Closet Trading Co. requires an investment of $157K – $370K while Miracle-ear requires $120K – $403K. In terms of revenue, The Closet Trading Co. reports higher average unit revenue at $592K. Note: Includes company-owned outlets. FranchiseVerdict rates The Closet Trading Co. B (Above average) and Miracle-ear B (Above average).

Investment Range
$157K – $370K
$120K – $403K
Franchise Fee
$60K
$30K
Royalty Rate
5.0%
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.
Average Revenue (Item 19)
$592KIncl. company outlets
$428KOutlet subset
SBA Charge-Off Rate
N/A
Limited data
Total Units
8
1,595
Unit Growth (YoY)
-1 units
-9 units
Year Began Franchising
2019
1984
FDD Year
2025
2026