Franchise opportunities compared

    Miracle-Ear, Inc. vs The Covery

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    Initial investment · Item 7

    Miracle-Ear, Inc.

    $88,000 – $402,500

    2026 FDD · Item 7

    The Covery

    $109,000 – $259,500

    2025 FDD · Item 7

    Initial franchise fee · Item 5

    Miracle-Ear, Inc.

    $30,000

    2026 FDD · Item 5 · PDF p. 15

    The Covery

    $42,500

    2025 FDD · Item 5 · PDF p. 15

    Royalty · Item 6

    Miracle-Ear, Inc.

    $49 Per Miracle-Ear hearing aid

    2026 FDD · Item 6 · PDF p. 16

    The Covery

    6.75% or $2,500/mo min

    2025 FDD · Item 6 · PDF p. 17

    Before you compare

    • Miracle-Ear, Inc. figures come from its 2026 FDD and The Covery figures from its 2025 FDD, so the years differ.
    • Miracle-Ear, Inc. and The Covery disclose more than one business format, so the investment range spans formats; the full report breaks them out.
    • Item 19 figures cover the location groups each FDD names (Miracle-Ear, Inc.: 4, The Covery: 1). Different groups are not directly comparable.

    Financial commitment

    Estimated initial investment (Item 7)

    Miracle-Ear, Inc.

    $88,000 – $402,500
    2026 FDD · Item 7

    The Covery

    $109,000 – $259,500
    2025 FDD · Item 7
    Standard initial franchise fee (Item 5)

    Miracle-Ear, Inc.

    $30,000
    2026 FDD · Item 5 · PDF p. 15

    The Covery

    $42,500
    2025 FDD · Item 5 · PDF p. 15
    Royalty (Item 6)

    Miracle-Ear, Inc.

    $49 Per Miracle-Ear hearing aid
    Royalty - Miracle-Ear hearing aid
    2026 FDD · Item 6 · PDF p. 16

    The Covery

    6.75% or $2,500/mo min
    Operating
    2025 FDD · Item 6 · PDF p. 17
    Brand / advertising fund (Item 6)

    Miracle-Ear, Inc.

    $76
    National Marketing Fund Contribution - wholesale unit — Per wholesale hearing aid unit
    2026 FDD · Item 6 · PDF p. 19

    The Covery

    1.75% of gross revenues; table states an increase cap of 2.0%; note 4 separately states 3%.
    National Marketing and Production Fee
    2025 FDD · Item 6 · PDF p. 17

    System scale & health

    Total outlets (Item 20)

    Miracle-Ear, Inc.

    1,595
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 58

    The Covery

    9
    Outlets at end of 2024
    2025 FDD · Item 20 · PDF p. 56
    Net outlet change (Item 20)

    Miracle-Ear, Inc.

    +31
    Calculated: 1,564 at end of 2023 → 1,595 at end of 2025

    The Covery

    +6
    Calculated: 3 at end of 2022 → 9 at end of 2024
    Outlet exits (Item 20)

    Miracle-Ear, Inc.

    Not available
    No complete exit records for a year

    The Covery

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    Miracle-Ear, Inc.

    1984
    2026 FDD · Item 1 · PDF p. 8

    The Covery

    2021; offering franchises since September 15, 2021
    2025 FDD · Item 1 · PDF p. 12
    Franchisor founded (Item 1)

    Miracle-Ear, Inc.

    1972
    2026 FDD · Item 1 · PDF p. 8

    The Covery

    2020; formed August 10, 2020
    2025 FDD · Item 1 · PDF p. 12

    Financial performance (Item 19), by location group

    Miracle-Ear, Inc.
    Franchised (1,008 locations) — other measures and memberships
    185 appointments
    mean HAE Appointments
    2026 FDD · Item 19 · PDF p. 57
    Franchised (356 locations) — revenue
    $241,334
    other Net Sales
    2026 FDD · Item 19 · PDF p. 54
    Franchised (652 locations) — revenue
    $529,890
    other Net Sales
    2026 FDD · Item 19 · PDF p. 54
    +1 more groups in the full report
    The Covery
    Franchised and company-owned (4 locations) — revenue and other measures
    $663,816
    other Gross Revenues
    2025 FDD · Item 19 · PDF p. 55

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

    Miracle-Ear, Inc. vs The Covery: common questions

    Which costs less to open, Miracle-Ear, Inc. or The Covery?
    Miracle-Ear, Inc.: $88,000 – $402,500 (2026 FDD · Item 7); The Covery: $109,000 – $259,500 (2025 FDD · Item 7). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Miracle-Ear, Inc.. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
    How do Miracle-Ear, Inc. and The Covery royalties compare?
    Miracle-Ear, Inc.: $49 Per Miracle-Ear hearing aid (2026 FDD · Item 6 · PDF p. 16); The Covery: 6.75% or $2,500/mo min (2025 FDD · Item 6 · PDF p. 17). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Which has more locations, Miracle-Ear, Inc. or The Covery?
    Miracle-Ear, Inc.: 1,595 (2026 FDD · Item 20 · PDF p. 58); The Covery: 9 (2025 FDD · Item 20 · PDF p. 56). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do Miracle-Ear, Inc. and The Covery disclose financial performance (Item 19)?
    Miracle-Ear, Inc. has reviewed Item 19 figures for 4 location groups; The Covery has reviewed Item 19 figures for 1 location group. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

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