#19
At a Glance
Products & Services: Hearing instruments
Number of Locations: 1,339
Total Investment: $122.5K - 570K
Founded: 1948
Began Franchising: 1983
Private Owned
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 1,319 | 0 | 0 | 20 |
| 2010 | 1,301 | 0 | 0 | 27 |
| 2009 | 1,274 | 0 | 0 | 42 |
| 2008 | 1,292 | 0 | 0 | 29 |
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Startup Costs, Ongoing Fees and Financing
Total Investment: $122,500 - $570,000
Franchise Fee: $30,000 - $100,000
Ongoing Royalty Fee: $48.80/aid
Term of Franchise Agreement: 5 years, renewable
Franchise Fee: $30,000 - $100,000
Ongoing Royalty Fee: $48.80/aid
Term of Franchise Agreement: 5 years, renewable
Financial Requirements
Liquid Cash Available: $25,000
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..| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: Available at headquarters: 2 weeks. At franchisee's location: As needed. Ongoing training as needed
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,