Miracle Method Surface Restoration vs CRATE Franchise Comparison

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

Start-Up Costs and Fees
 
Miracle Method Surface Restoration Franchise
CRATE Franchise
Investment $84,500 - $180,000$100,424 - $177,999
Franchise Fee $45,000 - $58,000$22,000 - $46,000
Royalty Fee 5.5%2%-4%
Advertising Fee 1.5%$38,500 - $42,000 annually
Year Founded 19772011
Year Franchised 19792015
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee 5%-


Business Experience Requirements
 
Miracle Method Surface Restoration Franchise
CRATE 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

We're looking to partner with motivated entrepreneurs who have liquid funds amounting to at least 150% of the figures listed in Item 7 of CRATE's Franchise Disclosure Document, and proper licensing.

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

Training & Support
 
Miracle Method Surface Restoration Franchise
CRATE 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

Ongoing
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform

CRATE franchisees receive ongoing training and support with everything from lead screening, marketing, sales, project management, field implementation, and security/safety procedures. CRATE's 24/7 support team offers contractors the benefit of warmed up leads and setting up initial walk-throughs.
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 -
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

Our time-tested business model equips contractors with the necessary tools to offer a residential construction business which offers affordable remodeling for kitchens and bathrooms to customers wishing to implement a high-end renovation to an existing kitchen or bathroom layout. Our system is designed to maximized efficiency, as well as profit-per-workday.

Expansion Plans
 
Miracle Method Surface Restoration Franchise
CRATE Franchise
US Expansion YesYes
Canada Expansion Yes-
International Expansion No-

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 CRATE

CRATE Franchise Systems -- the franchisor of kitchenCRATE and bathCRATE -- offers home improvement specialists industry-leading solutions in lead generation and maximizing profit-per-workday while helping them deliver organized, efficient remodeling services. Each signature crate, an 8' x 16' x 8' tall container, includes all the necessary tools and materials contractors need to complete a quality remodel in as little as seven days. CRATE Franchise Systems is now expanding through a targeted franchise program. Immediate opportunities are available in California, Nevada, Arizona, and Oregon.