SeeBITDAOklahoma

Miracle-Ear Hearing Aid Center

Retail Trade
  • 2005 W Kenosha St, Broken-Arrow, OK
  • Since 1996
Estimated valueLow confidence
$381K
$119Klikely range$625K
About 2× its yearly profit, typical for a company this size in its industry.
Revenue
$2.1M
a year
Profit (EBITDA)
$190K
9% of revenue
Employees
—
not reported
Steve and Michi Dyke
Owner · source
Unlikely to sell soon

How we got $381K

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical retail trade business in Oklahoma$2.1M
Revenue$2.1M
× 9% profit margin$190K
× 2 sale multiple = value$381K

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale Unlikely to sell soon

  • In business 30 years (since 1996)
  • Family in the business (Michi Dyke, Owner)

From public records and the company's website, not a statement that it's for sale.

What they do

Miracle-Ear Hearing Aid Center in Broken Arrow, OK offers hearing tests, hearing aids, and ongoing hearing care services for local residents with hearing loss, tinnitus, or hearing protection needs.

Products & services
Hearing aidsMiracle-EarMINIMiracle-EarEASYMiracle-EarENERGYMiracle-EarCONNECTCustom-fit hearing aidsFree in-person hearing testOnline hearing testHearing aid repairsHearing aid aftercareCustom hearing protectionTinnitus treatment
Markets served
SwimmersHuntersMusic lovers
Service area
Broken Arrow, OK

From the company's website. Industry: Retail Trade.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Miracle-Ear Hearing Aid Center
this business
$2.1M$190K—
Georgia's Arts and Crafts Studio
Broken Arrow
$2.0M$219K0.0 mi
A Memory To Scrap
Broken Arrow
$2.0M$219K0.0 mi
Better Sound Hearing Aid Svc
Broken Arrow
$2.1M$190K0.0 mi
Oinkers Island
Broken Arrow
$2.0M$219K0.1 mi
Rhea Lana's of Broken Arrow
Broken Arrow
$2.1M$190K0.2 mi
Just Between Friends
Broken Arrow
$2.1M$190K0.2 mi

The full calculation

Figures are shown toward the upper part of their range rather than at its middle.

Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.

Estimated value = EBITDA × typical sale multiple$381K
Multiple for this size and industry2×
Value range$119K – $625K

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Retail Trade businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (9%). Treat these as a rough guide.

Revenue range$821K – $2.9M
EBITDA range$74K – $261K
Industry (NAICS)Retail Trade (453)

EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.

Benchmarks: approximate sector default. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology

People & advisors

Leadership

  • HC
    Heather Carter
    Hearing Instrument Specialist and Administrator · Company website · source
  • MD
    Michi Dyke
    Owner · Company website · source

From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Miracle-Ear Hearing Aid Center

Miracle-Ear Hearing Aid Center is a retail trade company in Broken-Arrow, Oklahoma, in business since 1996. It is owned by Steve and Michi Dyke. Its estimated annual revenue is about $2.1M, with roughly $190K of EBITDA. Its estimated business value is $381K (likely range $119K–$625K).

Common questions

Who owns Miracle-Ear Hearing Aid Center?
Miracle-Ear Hearing Aid Center is owned by Steve and Michi Dyke, according to public sources such as the company's website or filings.
How much revenue does Miracle-Ear Hearing Aid Center make?
SeeBITDA estimates Miracle-Ear Hearing Aid Center's annual revenue at about $2.1M (likely between $821K and $2.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Miracle-Ear Hearing Aid Center worth?
About $381K, roughly 2× its estimated EBITDA of $190K, typical for a retail trade company its size. Likely range: $119K–$625K.
When was Miracle-Ear Hearing Aid Center founded?
Miracle-Ear Hearing Aid Center has been in business since 1996.