Miracle-Ear vs The Joint Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Miracle-Ear vs The Joint including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Miracle-Ear Franchise
The Joint Franchise
Investment $119,000 - $352,500$183,497 - $378,697
Franchise Fee $30,000$39,900
Royalty Fee $48.80/aid7%
Advertising Fee $75/aid2%
Year Founded 19481999
Year Franchised 19832003
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $2K-10K-


Business Experience Requirements
 
Miracle-Ear Franchise
The Joint Franchise
Experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    Miracle-Ear Franchise
    The Joint Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/Yes
    Start-up Costs No/No-/Yes
    Equipment No/No-/Yes
    Inventory No/No-/Yes
    Receivables No/No-/Yes
    Payroll No/No-/Yes

    Training & Support
     
    Miracle-Ear Franchise
    The Joint Franchise
    Training Ongoing training as neededOn-The-Job Training: 40 hours Classroom Training: 43 hours
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesPurchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingCo-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
    Operations 80% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 3

    Absentee ownership of franchise is NOT allowed.

    		Absentee Ownership Allowed Number of Employees Required to Run: 3 - 5

    Expansion Plans
     
    Miracle-Ear Franchise
    The Joint Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion NoYes

    Company Overviews

    About Miracle-Ear

    Kenneth Dahlberg started Dahlberg Electronics in 1948 and began manufacturing the first Miracle-Ear hearing aids. Today, Miracle-Ear is a subsidiary of Italian hearing aid distributor Amplifon, with U.S. headquarters in Plymouth, Minnesota. Miracle-Ear's retail locations offer free hearing tests and consultations and offer service, warranty and after-care packages with their hearing aids.

    Ken Dahlberg, a World War II aviator turned electronic inventor, created the pillow radio for hospital patients' private listening. Ken's employer rejected the idea, and this inspired the founding of Dahlberg, Inc., which became the foundation of Miracle-Ear. A few short years later, we were the first to offer an in-the-ear hearing aid. Since then, Miracle-Ear has continued to introduce innovative technology to remove the barriers of hearing loss. We've taken the size of hearing aids down to models that fit entirely in the ear canal. We've made technological improvements that allow us to customize a hearing solution to your individual hearing loss profile. And we've developed customer service practices to help ensure that you are completely satisfied with the products and support you receive from your Miracle-Ear representatives nationwide.

    The total investment necessary to begin operation of a Miracle-Ear® franchise is from $119,000 to $352,500. This includes from $35,000 to $45,000 that must be paid to the franchisor or an affiliate for an exclusive territory of up to 250,000 persons. This amount may be higher if the size (population) of your exclusive territory is larger.
    Veteran Incentives 
    10% off franchise fee

    "Entrepreneur

    #98 in Franchise 500 for 2020.
    #84 in Franchise 500 for 2021.




    About The Joint

    The Joint Chiropractic franchise has taken the chiropractic industry by storm and risen from a small number of stores to over 350 locations open across the country in less than a decade. The Joint offers customers a monthly membership and low costs for basic chiropractic care - starting at $39 per visit. No appointments required, no insurance needed and offering extended evening and weekend hours has given an entire generation of customers access to the health and wellness benefits of chiropractic maintenance care.

    Veteran Incentives  15% off franchise fee
    "Top          "Entrepreneur
    #6 in Gator's Top franchises.
    #78 in Franchise 500 for 2020.
    #58 in Franchise 500 for 2021.