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. Miracle-ear discloses average revenue of $428K; The Closet Trading Co. does not report Item 19 data. Note: Reported for a subset of outlets rather than the whole system. Miracle-ear has SBA lending data on file with a 0.0% charge-off rate. FranchiseVerdict rates The Closet Trading Co. A (Strongest tier) and Miracle-ear A (Strongest tier).
| Metric | The Closet Trading Co. | Miracle-ear |
|---|---|---|
| Verdict Grade | AStrongest tierStrongest tier | AStrongest tierStrongest tier |
| 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) | N/AIncl. company outlets | $428KOutlet subset |
| SBA Charge-Off Rate | N/A | 0.0% (10 loans) |
| Total Units | 8 | 1,595 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2019 | 1984 |
| FDD Year | 2025 | N/A |
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)
N/AIncl. company outlets
$428KOutlet subset
SBA Charge-Off Rate
N/A
0.0% (10 loans)
Total Units
8
1,595
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2019
1984
FDD Year
2025
N/A