Miracle Method Surface Refinishing
#173 Franchise 500| Kitchen and bathroom surface refinishing

Miracle Method Surface Refinishing
Kitchen and bathroom surface refinishing

About
Founded

1977

Franchising Since

1980 (39 Years)

Corporate Address

4310 Arrowswest Dr.
Colorado Springs, CO 80907

CEO

Chuck Pistor

Parent Company

Miracle Method of the United States

Financial Requirements
Initial Investment

$84,500 - $145,000

Net-worth Requirement

$150,000

Liquid Cash Requirement

$40,000 - $50,000

Ongoing Fees
Initial Franchise Fee

$45,000 - $58,000

Ongoing Royalty Fee

5.5%

Ad Royalty Fee

1.5%

Financing Options

Miracle Method Surface Refinishing offers in-house financing to cover the following: franchise fee

Miracle Method Surface Refinishing has relationships with third-party sources which offer financing to cover the following: 
startup costs, equipment, inventory, accounts receivable

Veteran Incentives

10% off franchise fee

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

On-The-Job Training:

60 hours

Classroom Training:

60 hours

Additional Training:

Additional training

Absentee Ownership Allowed
Number of Employees Required to Run:

3

Miracle Method Surface Refinishing is ranked #173 in the Franchise 500!
Bio
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.
Cost
Initial Investment: Low - $84,500 High - $145,000
Units
+3.4%+5 UNITS (1 Year) +7.9%+11 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: Canada
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

Franchise Articles

The Hottest Franchise Categories of 2020

Get to know 347 franchises in trend-topping industries that will continue to boom next year (and likely beyond).

5 Things You Need to Know Before Investing in a Chick-fil-A Franchise

First of all, you shouldn't think of getting a Chick-fil-A franchise as "investing."

How This Military Spouse and Former Teacher Became a Successful Travel Agency Franchisee

An inside look at one person's journey following her passion and becoming a business owner.

Why Franchisees Should Stay Away From Brands With Stubborn Policies

Nijhawan Group has been a leading retail player with tie-ups with brands like Adidas, Benetton, Nautica and Levi's. The company consolidated its retail business to make the business sustainable.

How Lenskart is Tapping Tier 2 & 3 Markets

Eyewear retailer Lenskart has devised low-cost franchise model to tap the upcountry markets as it targets 50 per cent of its new stores beyond tier 1 cities.

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: September 10th, 2019