
#223
At a Glance
Products & Services: Kitchen & bathroom refinishing
Number of Locations: 124
Total Investment: $85K - 125K
Founded: 1977
Began Franchising: 1980
About Miracle Method Surface Refinishing
Miracle Method Bath and Kitchen Refinishing offers bathroom refacing and refinishing services to homeowners, hotel operators and apartment managers. Founded in 1979 by Bob Gray, the company has franchises throughout the United States and internationally, reconditioning and renovating bathtubs, ceramic tile walls, countertops, cabinets, sinks and showers.
The company was acquired by Miracle Method U.S. Corp., which also owns franchise company Surface Doctor.
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2012 | 123 | 1 | 0 | 0 |
| 2011 | 119 | 0 | 12 | 0 |
| 2010 | 116 | 0 | 14 | 0 |
| 2009 | 115 | 0 | 17 | 0 |
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Australia/New Zealand, Canada, Central America, Eastern Europe, Mexico, South America, Western Europe.
Startup Costs, Ongoing Fees and Financing
Total Investment: $85,000 - $125,000
Franchise Fee: $35,000
Ongoing Royalty Fee: 5.5%
Term of Franchise Agreement: 5 years, renewable
Franchise Fee: $35,000
Ongoing Royalty Fee: 5.5%
Term of Franchise Agreement: 5 years, renewable
Financial Requirements
Net Worth: $150,000
Liquid Cash Available: $85,000 - $123,000
Operations
5% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 1 - 6. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
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| Equipment | ||
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How This Franchise Supports Franchisees
Training: Available at headquarters: 2 weeks.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,
Franchise Ranking History
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