Zounds Hearing Centers FDD Summary
Type of Business
Zounds Hearing Centers are business to consumer franchises that provide hearing screening, fitting, and sale of hearing aids. We offer three types of franchises: (1) individual franchises for the right to develop and operate a single Zounds Hearing Center (“Individual Center”) offering all of our franchised services and products in a designated area; (2) an individual franchise sale to a group of approximately 10 general practice physicians (“Physician Investment Group”).
Zounds Hearing Franchising, LLC is an Arizona limited liability company that was formed on July 21, 2011. Our current principal business address is 4405 E. Baseline Road, Suite 114, Phoenix, AZ 85042.
The total investment necessary to begin operation of an Individual or Physician Investment Group Center ranges from $125,000 to $196,950. This includes an initial franchise fee of $40,000 that must be paid to the franchisor or affiliate.