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Updated RecentlyMiracle Auto Painting vs Touch Up Guys Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Miracle Auto Painting vs Touch Up Guys including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $216,000 - $273,000 | $77,000 - $291,500 |
| Franchise Fee | $35,000 | $30,000 - $45,000 |
| Royalty Fee | 5% | - |
| Advertising Fee | - | - |
| Year Founded | 1953 | - |
| Year Franchised | 1964 | - |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $1.5K | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | Yes/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
| Operations |
5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Miracle Auto Painting
The Miracle reputation for Quality at Moderate Cost was firmly established in the San Francisco Bay Area in these early years. In late 1954 about 90% of Miracle's work was retail--a big swing from the early days. Firm believers in keeping the name, moderate prices and the quick turnaround before the public, Miracle stores spent up to 18% of gross sales to enhance the word-of-mouth awareness, the quality work and resonable prices engendered. The San Mateo, California flagship location opened in 1965 and the success of Miracle Auto Painting as a chain was well established. During these years came the standardization of the Operations Manual, accounting and other business management procedures which had proven themselves over the preceeding several years. Longer term advertising and marketing plans were designed and implemented and franchising began.
About Touch Up Guys
Customers are keeping their vehicles longer with the slowdown in new car sale. This turn in the economy positions Touch Up Guys to service the customers direct at their home or place of business. Americans still have a love affair with their cars and we're here to help. The low overhead without the high cost of renting a "body shop" and incurring the expenses of a large operation is a plus to an efficient business. To expand with Touch Up Guys you just lease another fully equipped van and add a technician. What do you as a franchisee get? * Performing excellent service on retail customers automobiles at their home * 4 Hour service in most cases * Proprietary POS system * Superior Paint System & Products * EPA COMPLIANT HAPS 6 Certified Trainer * Our Active Marketing Program * Our Brand � Including our Name, Logo, and Vans!