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Zounds Hearing

Zounds was founded by Sam Thomasson, an Engineer and entrepreneur who has spent his career developing new technologies in the medical device and consumer electronics industries. Sam is also the father of a hearing impaired teenage daughter and has witnessed the problems associated with today's hearing aids. Sam promised his daughter that he would develop a hearing aid to address the key problems common with other high-end hearing aids. Zounds' breakthrough technology is the fulfillment of a father's promise to his daughter and the solution for dissatisfied hearing aid users around the world.

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Zounds Hearing
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Zounds Hearing Franchise Cost and Requirements for 2024

Background

The Zounds Hearing Story

Zounds was founded by Sam Thomasson, an Engineer and entrepreneur who has spent his career developing new technologies in the medical device and consumer electronics industries. Sam is also the father of a hearing impaired teenage daughter and has witnessed the problems associated with today's hearing aids. Sam promised his daughter that he would develop a hearing aid to address the key problems common with other high-end hearing aids. Zounds' breakthrough technology is the fulfillment of a father's promise to his daughter and the solution for dissatisfied hearing aid users around the world.

Zounds utilizes a combination of internally developed and exclusively licensed technology from Acoustic Technologies, Inc., where Sam Thomasson is the founder and former CEO. At Acoustic Technologies, Sam created high-performance semiconductor chips and related software with low power usage algorithms that dramatically improved voice and sound quality in cell phones, video phones, desktop phones, conference call phones and automotive communication systems. For Sam, it was a logical extension to leverage this superior technology at Zounds.

Zounds' goal is to offer a portfolio of hearing aids and wireless devices that provide the world's best performing technology at an affordable price to anyone with a mild, moderate, or moderate/severe hearing loss.

Company Details

Established: 2009
First Unit Franchised: 2011
Franchised Units: 150+
Company Owned Units: 50+
States Registered In: Zounds is register in all states.
Canada Franchises: No
International Franchises: No

Support and Training Offered By Zounds Hearing

Financial Assistance Provided: No
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Training: We provide 28 hours of classroom training followed by an additional 4 hours of on-the-job operational procedures.
Other Info: Franchisee must be Owner/Operator and have or be willing to attain his/her Hearing Instrument Specialists License per the guidelines of the respective state they will be operating in.

2024 Franchise Requirements Needed to Own a Zounds Hearing Franchise.

What does a Zounds Hearing Franchise Cost?

Zounds Hearing franchise fees for 2024:

Cash Investment: $144,000 - $214,000
Total Investment: $144,000 - $214,000
Minimum Net Worth: $250,000
Franchise Fee: $40,000
Royalty: 5%
Average Number of Employees: 1-2

Is Zounds Hearing a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. Zounds Hearing is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is Zounds Hearing a Home Based franchise?

No. Zounds Hearing is not a home based franchise opportunity.

What Do Zounds Hearing Franchise Owners Make?

Click here to find out how much Zounds Hearing franchisees make. Zounds Hearing offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Zounds Hearing a Master Franchise Opportunity?

No. Zounds Hearing is not a master franchise opportunity.

Does Zounds Hearing Offer a Veteran Discount?

No. Zounds Hearing franchise does not offer a veteran discount.

Does Zounds Hearing Work with E2 Visa and EB-5 Visa Candidates?

Yes. Zounds Hearing franchise does work with E2 Visa and EB-5 Visa candidates.

Is Zounds Hearing Looking for Franchisees in Canada?

No. Zounds Hearing franchise is not looking for Canada franchisees.

Is Zounds Hearing Looking for International franchisees?

No. Zounds Hearing franchise is not looking for International franchisees.

Where can I see Zounds Hearing's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Miscellaneous & Unique, Retail, Non Food Franchises

Number of Units Open

100+ UNITS

Cash Required

$100,000 - $250,000

Master Franchise

No

Passive Franchise

No

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

Yes

Zounds Hearing Franchises for Sale

Click Here to inquire about existing Zounds Hearing franchises for sale. We may have Zounds Hearing franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

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The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.

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