Miracle Method Bath & Kitchen Restoration
Miracle Method Bath & Kitchen Restoration 4239 N. Nevada, # 115
Colorado Springs, CO 80907
800#: (800) 444-8827 Tel: (719) 594-9196 Fax: (719) 594-9282
E-Mail: [email protected]
Web Site: www.miraclemethod.com
Contact: Mr. Chuck Pistor, President
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
Established: 1979
First Franchise: 1980
Franchise Units: 100
Company-Owned Units: 0
Total Units: 100
Distribution:
U.S. -- 90;
Canada -- 0;
International -- 10
-North America -- Operations in 30 States
-States/Provinces with Greatest Density: 20 in CA, 7 in TX, 3 in MA
Projected New Units Over Next 12 months: 12+
Franchisee Qualifications: 3, 5, 4, 3, 3, 5
(Click here for an explanation)
Registered in Following Registration States: CA,IL,FL,MD,MI,MN,NY,VA,WA (Click here for an explanation)
Average Number of Employees: 5 FT, 1 PT (FT = Full Time, PT = Part Time)
Space Needs: NA SF; HB
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $15.8-40K
Total Investment: $25K
Average Total Investment: $25.0K
Minimum Net Worth: $20K
Fees:
-Franchise: $18.5K
-Average Franchise Fee: $18.5K
-Royalty: 5%
-Average Royalty: 5.0%
-Advertising: 1.5%
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 5
Passive Ownership: Discouraged
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: No
Franchisor Support and Training Provided
Site Selection Assistance: No
Lease Negotiation Assistance: No
Financial Assistance: Yes(D)
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: Yes
Size Of Corporate Staff: 3
On-Going Support: C,D,G,H,I (Click here for an explanation)
Training: 2 Weeks at Company Location.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: All Canada
Overseas: Western Europe
Note: NR = No Response by Franchisor.
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