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Home >> Building & Construction >> Bathroom-Related Construction
| Miracle Method Bath & Kitchen Restoration 4239 N. Nevada, # 115 Colorado Springs, CO 80907 |
Submit an online form to receive information from Miracle Method Bath & Kitchen Restoration.
• Coupons • Franchise Video • Pre-Qualifier Application • Promotional Items |
Business Description
Make money in the growing remodeling industry by running your own bath and kitchen refinishing business. Save customers money by refinishing instead of replacing. Bathtubs, tile, showers, counter tops and more. Excellent income potential!
Franchisor Background
Year Established: 1979
Franchising Since: 1980
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States: California, Florida, Illinois, Maryland, Michigan, Minnesota, New York, Virginia, Washington
Financial Requirements
Average Number of Employees: 5 Full-time, 1 Part-time
Space Needs (in square footage):
Preferred Sites: Home-based
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided?: Yes
Make money in the growing remodeling industry by running your own bath and kitchen refinishing business. Save customers money by refinishing instead of replacing. Bathtubs, tile, showers, counter tops and more. Excellent income potential!
Franchisor Background
Year Established: 1979
Franchising Since: 1980
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 100 | 100% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 0 | 0% | |||||||||||||||||||||||||||||
Total Operating Units: | 100 | 100.0% | |||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||
States/Provinces with the largest number of operating units:
| Density | Units |
| 1. California | 20 |
| 2. Colorado | 9 |
| 3. Texas | 15 |
Registered in Following Registration States: California, Florida, Illinois, Maryland, Michigan, Minnesota, New York, Virginia, Washington
Financial Requirements
| Investment: | |
| Minimum Net Worth: | $50K |
| Cash Investment: | $36K |
| Total Investment: | $50K |
| Average Total Investment: | $50K |
| Fees: | |
| Initial Franchise Fee: | $28K |
| Average Franchise Fee: | $28K |
| On-Going Royalty: | 5% |
| Average Royalty: | 5% |
| Advertising Fee: | 1% |
Space Needs (in square footage):
Preferred Sites: Home-based
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided?: Yes
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 5 | ||||||||
| General Business Experience: | 5 | ||||||||
| Specific Industry Experience: | 4 | ||||||||
| Formal Education: | 3 | ||||||||
| Psychological Profile: | 3 | ||||||||
| Personal Interview(s): | 5 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 5 Year(s) | ||||||||
| Term of Renewal Period: | Year(s) | ||||||||
| Passive Ownership: | Allowed, But Discouraged | ||||||||
| Area Development Agreements? | No | ||||||||
| Sub-Franchising Contracts? | No | ||||||||
| Franchisees Allowed to Expand Within Territory? | No | ||||||||
| Support and Training | |||||||||
| International Franchise Association: | No | ||||||||
| Canadian Franchise Association: | No | ||||||||
| Franchisee Association/Member: | Yes, Member | ||||||||
| Size of Corporate Staff: | 3 | ||||||||
| Site Selection Assistance? | No | ||||||||
| Lease Negotiation Assistance? | No | ||||||||
| Financial Assistance? | Yes, Direct | ||||||||
| Marketing Support: | |||||||||
| Co-Op Advertising: | Yes | ||||||||
| National Advertising: | Yes | ||||||||
| Regional Advertising: | No | ||||||||
| Local Advertising: | No | ||||||||
| Marketing Materials: | Ad Slicks, Brochures, Coupons/rebates, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs, Television Ads, Videos | ||||||||
| Additional Services: | In-house Marketing, Marketing Research, Newsletter, Online Extranet, Press Releases, Sales Strategies | ||||||||
| Other Marketing Support: | None Specified | ||||||||
| On-Going Support: | |||||||||
| Central Data Processing: | Not Applicable | ||||||||
| Central Purchasing: | Not Applicable | ||||||||
| Field Operation Evaluation: | Included in Fees | ||||||||
| Field Training: | Included in Fees | ||||||||
| Initial Store Opening: | Not Applicable | ||||||||
| Inventory Control: | Not Applicable | ||||||||
| Franchisee Newsletter: | Included in Fees | ||||||||
| Regional or National Meetings: | Included in Fees | ||||||||
| 800 Telephone Hotline: | Included in Fees | ||||||||
| Training: | |||||||||
| 1. Company Location | 2 Weeks | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from Miracle Method Bath & Kitchen Restoration.
• Coupons • Franchise Video • Pre-Qualifier Application • Promotional Items |
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