Zounds Hearing

Hearing aids
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2021 Franchise 500 Rank
N/R Not ranked last year
See the Full List
Initial investment
$144K - $214K
Units as of 2015
211 559.4% over 3 years

Company Overview

About Zounds Hearing

Industry
Health
Founded
2009
Leadership
Kyle Kennedy, CEO

Franchising Overview

Franchising Since
2011 (10 years)
# of employees at HQ
115
Where seeking

This company is seeking new franchisees throughout the US.

# of Units
211 (as of 2015)

Franchisor Information

Social
Facebook
Corporate Address
9365 S. McKemy St., #105
Tempe, AZ 85284

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Zounds Hearing franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$40,000
Initial Investment
$144,200 - $214,450
Net Worth Requirement
$250,000
Cash Requirement
$144,000 - $214,000
Royalty Fee
5%
Term of Agreement
10 years
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing
Zounds Hearing has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

Classroom Training
32 hours
Ongoing Support
Meetings & Conventions
Grand Opening
Lease Negotiation
Field Operations
Marketing Support
Co-op Advertising

Operations

Additional details about running this franchise.

Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
1-2
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where Zounds Hearing landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021