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Below is an in-depth analysis and side-by-side comparison of Miracle Leaf vs New Remedies including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $140,000 - $200,000 | $157,300 - $416,750 |
Franchise Fee | $49,900 | N/A |
Royalty Fee | 10% | - |
Advertising Fee | 3% | - |
Year Founded | 2017 | 2019 |
Year Franchised | 2018 | 2019 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/Yes | -/- |
Start-up Costs | -/Yes | -/- |
Equipment | -/Yes | -/- |
Inventory | -/Yes | -/- |
Receivables | -/Yes | -/- |
Payroll | -/Yes | -/- |
Training & Support |
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Training | On-The-Job Training: 14 hours Classroom Training: 14 hours | - |
Support | Grand Opening | - |
Marketing | - | - |
Operations | Number of Employees Required to Run: 5 | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | Yes | - |
Owning a Miracle Leaf provides you an opportunity to partner with an industry leader in a highly competitive industry whose sales grow more and more annually. Do not let the competitive nature of the industry stifle you. Our concept is unlike any other. We have geared our company to provide you with knowledge, support and training that will allow you to effectively meet and surpass any consumer expectations.
We offer two different types of franchise opportunities. You can choose to own a single unit franchise which allows you to operate your own Miracle Leaf in a protected territory of your choice. We also offer area development Franchises for those looking to lock down a larger territory and slowly build a series of Miracle Leaf locations/territories.
Miracle Leaf offers a comprehensive and hands on training program in order to ensure that franchisees are 100% equipped with the knowledge,skills and expertise to successfully operate their own center. Our multi-phase training includes hours of hands on training at one of our already established locations in addition to many hours of ongoing support at your newly established location.