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Franchise Snapshot

FINANCIAL INVESTMENT
Startup: $85,000 - $123,000
Cash Required: $67,500 - $105,500
Net Worth Required: $150,000

COMPANY STATS
Year Founded: 1979
Franchising Since: 1980
Total Locations: 125
Total Franchisees: 95

AREAS FRANCHISING
-Canada
-National

Franchise Interviews

PODCAST
Top 50 Franchise Miracle Method
Eric Stites, President of Franchise Business Review speaks with President and CEO of Miracle Method Surface Restoration, Chuck Pistor.
Miracle Method is the largest bath and kitchen refinishing company in the country. With over 120 domestic and international franchises, we specialize in repairing and restoring all types of tubs, ceramic tile, and countertops.

Franchise Q&A

Commonly asked questions and answers about this franchise opportunity.

Q: What is included in the franchise fee?
A: A protected territory based on 275,000 to 325,000 people

Q: Is there an ongoing royality fee?
A: Yes, 5.5% plus 1% national ad fund contribution

Q: Renewal fees?
A: The renewal fee is 5% of the current franchise fee. In this case, the current renewal fee is $1750. The franchise term is for five years.

Q: What additional costs to actually start the business?
A: Including the franchise fee, $35,000, equipment and operating expenses and a total start-up can range from $85,000 to $123.000

Q: What if I've never done this kind of work?
A: That's not a problem. We're looking for managers, not installers. It's most important for an owner to have good marketing and management skills along with a passion for helping people.

Q: What type of physical activity is typically required?
A: There is physical activity involved. When refinishing a bathtub, you will be on your knees in the tub cleaning process. However, many of our new franchisees are starting out as owner/managers and actually spend limited time doing the work. That is left to employees.

Q: How are leads/customers generated at start up?
A: Not only do we assist a new owner with his local advertising, but he receives the benefit of on-going national advertising including pay per click campaigns, hotel & college trade shows, and great PR coverage. We develop a customized local ad plan including the use of several media such as TV, radio, coupons, display ads, direct mail, home shows, and internet.

Q: Are areas protected?
A: Yes, all sold and optioned territory is protected.

Top Franchises> Miracle Method Surface Refinishing

Miracle Method Surface Refinishing

Ranking #15 in Midsize Systems

Ranked #11 in Best of the Best Overall Top 50
Ranked #18 for Top Low Cost Franchises

A Category Leader

One of Franchise Business Review’s Best of the Best and ranked #1 in Home Services, for three consecutive years, Miracle Method offers its franchisee profitability, leadership innovation and great value. We are devoted to helping you:

  • Improve your income
  • Improve your lifestyle
  • Improve your equity
  • Better your future

Our leadership, as the nation’s largest surface refinishing franchisor, will help you meet your personal and financial goals.

Never Ending Support

You’ll receive ten days of intense technical training and five additional days of sales, marketing and administration training… and it’s forever. You’re never more than a phone call away from the help you need to be a success.

We’re Specialists

Miracle Method franchisees offer cost-saving bath and kitchen surface refinishing solutions to homeowners, hotels, apartments, hospitals, and colleges. Our proprietary refinishing process creates like-new surfaces for bathtubs, tile, showers, and even laminate countertops. Best of all, our refinishing is guaranteed on porcelain, fiberglass, acrylic, cultured marble, laminate and Corian surfaces.

Excellent Growth Opportunity and High Demand

Refinishing is a growth industry and uncrowded compared to other businesses and demand for refinishing is growing. Literally every home, hotel, apartment complex, college dormitory, nursing home and hospital is your potential customer. Refinishing offers incredible savings of up to 75% of replacement cost of most bathroom fixtures and kitchen countertops.

Good profit potential: An average of a 20% to 25% pre-tax profit.

Family friendly work schedule: Your typical workweek is 8 am to 5 pm, Monday – Friday and advance scheduling allows you the flexibility to work when you want to!

Scalability: Your sales and income will multiply every time you hire a technician! Expanding your business is predictable and manageable.

Recession resistant: Whether the economy is booming or receding, homeowners, property and hotel managers, colleges, nursing homes and hospitals are always looking for cost savings and value. Savings of up to 75% on bathroom and kitchen remodels will always have an appeal.

Low capital investment: A Miracle Method franchise has a low up front investment cost and a desirable net profit margin.

Steps to Ownership

Simply complete the form below to request more information and stop working for someone else!

 

FREE Information Request

Complete the form below to receive more information about franchise opportunities with Miracle Method Surface Refinishing.

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I understand this franchise opportunity requires an initial investment of $75,000 - $100,000. I meet these financial requirements and I would like to have someone contact me with more information.