Miracle Method Surface Restoration vs Restoration 1 Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Miracle Method Surface Restoration vs Restoration 1 including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Miracle Method Surface Restoration Franchise
Restoration 1 Franchise
Investment $84,500 - $180,000$84,500 - $193,125
Franchise Fee $45,000 - $58,000$54,900 - $59,275
Royalty Fee 5.5%7%
Advertising Fee 1.5%1% - 2%
Year Founded 19772008
Year Franchised 19792009
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee 5%-


Business Experience Requirements
 
Miracle Method Surface Restoration Franchise
Restoration 1 Franchise
Experience

Highly Motivated and Driven to Succeed. We are selective in who we choose as our franchisees. Our ideal candidates are motivated, able to follow processes & procedures, and can manage a business. Prefer some experience in Management, Sales, Marketing or Customer Service

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Financing Options
 
Miracle Method Surface Restoration Franchise
Restoration 1 Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/NoYes/Yes
Start-up Costs No/YesYes/Yes
Equipment No/Yes-/Yes
Inventory No/Yes-/Yes
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Miracle Method Surface Restoration Franchise
Restoration 1 Franchise
Training We offer our franchisees an unmatched level of support and training. There is no other program like it in the surface refinishing industry. From our initial 20+ days of "immersion training" to our ongoing support, we help you profitably grow your business. On-The-Job Training: 80 hours Classroom Training: 40 hours On-The-Job Training: 24 hours Classroom Training: 56 hours
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform 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 You will receive startup marketing collateral, including business cards, letterhead, brochures, door hangers, and sales brochures. A customized marketing plan will be developed for your territory and you will have access to Miracle Method's vast arsenal of radio and television commercials, direct mail programs, truck signage, home show materials, display ads, and more. The marketing team will be available to you for advice and direction to keep your advertising and marketing effective and persuasive. In addition, a customized subweb and unique url address will be created for you so customers can find your phone number, email you, request an estimate and read about your particular services. Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Ad Templates National Media Social media SEO Website development Loyalty program/app
Operations

Franchisees start with a showroom location in their territory and minimum of 2-3 employees. Absentee Ownership Allowed Number of Employees Required to Run: 1 - 6

Number of Employees Required to Run: 4

Expansion Plans
 
Miracle Method Surface Restoration Franchise
Restoration 1 Franchise
US Expansion YesYes
Canada Expansion Yes-
International Expansion NoYes

Company Overviews

About Miracle Method Surface Restoration

#1 in the Booming Surface Refinishing Industry - the largest footprint in North America!
When buying any franchise, it's smart to join the leader in their respective industry. It's also smart to join an industry with surging customer demand. Miracle Method is in a unique position to offer both of these scenarios to you. No other surface refinisher can match our size, expertise or capabilities. Miracle Method's unique and affordable refinishing process makes ugly bathtubs, countertops, and tile beautiful again - without replacing. The residential AND commercial demand for our time-saving alternative to replacing old bathroom and kitchen fixtures is skyrocketing.
Proven Demand & Revenue Diversity
We continue to set sales records, including a 70% increase in sales in the last 8 years. Since 1979, over 1,000,000 homeowners and businesses have chosen
Miracle Method for our money-saving alternative to the mess of replacing old bathtubs, countertops, and showers. And the mainstream awareness of our unique product has only just begun!
We have a strong and diverse revenue model: 1) Residential Surface Refinishing: Repairing & refinishing bathtubs, showers, and countertops in homes.
2) Commercial Surface Refinishing: Nearly 40% of our revenue comes from hospitals, universities, hotels, assisted living facilities, and other commercial accounts.
3) Bathing Safety: A complete Bathing Safety offering to the elderly and caregivers alike.
Proven Scalability and Potential
There is no limit to the size or level of success a franchisee can grow their business. Within our franchise network, we have several locations exceeding $1 million in annual sales, and some surpassing $2 million - and they all started with our comparatively small investment of $85-$125K.
If you have the drive and discipline to grow a business, then we want to talk to you. Take the next step - right now! 
Veteran Incentives  10% off franchise fee
""     "Top     "Entrepreneur
#37 in Gator's Top franchises.
In Franchise Business Reviews Top 200.
#163 in Franchise 500 for 2020.
#209 in Franchise 500 for 2021.



About Restoration 1

Starting any new business is a big decision. Choosing a path such as a water restoration franchise with Restoration1 can take a lot of stress and uncertainty from the process. With a solid and established strategy of success - Restoration1 can help you get our business up and running quickly and efficiently and help you turn a profit faster. Of course there isn't room for a water damage and restoration company in every block. For this reason we are only able to offer franchise opportunities to areas where we are not already served by other franchisees. Contact us today to find out if there are restoration franchise opportunities available in your area.

Veteran Incentives  $7,000 off franchise fee
"Entrepreneur
#167 in Franchise 500 for 2020.
#183 in Franchise 500 for 2021.