| ||||
Updated RecentlyMiracle Auto Painting Franchise
Automotive painting & body repair
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.
It's time to give yourself permission to build your days around what's important to you! You're in Control!
For more information, complete our FREE FRANCHISE ADVICE form!
How much does it cost to open a Miracle Auto Painting Franchise?
The investment required to open a Miracle Auto Painting Franchise is between $216,000-$273,000. There is an initial franchise fee of $35,000 which grants you the license to run a business under the Miracle Auto Painting name.
Individual Unit Costs
- Initial Investment:
$216,000-$273,000 - Initial Franchise Fee:
$35,000 - Royalty Fee:
5% - Advertising Fee:
- Term of Agreement:
10 years - Renewal Fee:
$1.5K
Click here to compare with
franchises similar to Miracle Auto Painting
When did Miracle Auto Painting start Franchising? 1964
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2005 | 22 | 0 | 0 | 3 |
| 2004 | 25 | 0 | 0 | 3 |
| 2003 | 27 | 0 | 0 | 3 |
| 2002 | 27 | 0 | 0 | 3 |
| 2001 | 28 | 0 | 0 | 1 |
United States: Arizona, California, Colorado, New Mexico, Nevada, Oregon, Texas, Washington,
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | Yes | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Third Party Financing Source(s): Comerica Bank
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
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)
Business Experience:
To calculate how much income a franchise owner can do at Miracle Auto Painting Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
Listing Tags
Legal Disclaimer: This information is not a franchise offering for Miracle Auto Painting and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Miracle Auto Painting franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Miracle Auto Painting
Miracle Auto Painting Inc.
3157 Corporate Pl.
Hayward,
CA
94545