American Leak Detection vs Miracle Method Surface Restoration Franchise Comparison

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

Start-Up Costs and Fees
	American Leak Detection Franchise	Miracle Method Surface Restoration Franchise
Investment	$76,755 - $259,550	$84,500 - $180,000
Franchise Fee	$29,500 - $120,000	$45,000 - $58,000
Royalty Fee	6-10%	5.5%
Advertising Fee	-	1.5%
Year Founded	1974	1977
Year Franchised	1984	1979
Term Of Agreement	10 years	5 years
Term Of Agreement	10 years	5 years
Renewal Fee	-	5%
Business Experience Requirements
	American Leak Detection Franchise	Miracle Method Surface Restoration Franchise
Experience	General business experience Marketing skills	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
Financing Options
	American Leak Detection Franchise	Miracle Method Surface Restoration Franchise
	In-House/3rd Party	In-House/3rd Party
Franchise Fees	No/Yes	Yes/No
Start-up Costs	No/Yes	No/Yes
Equipment	No/Yes	No/Yes
Inventory	No/No	No/Yes
Receivables	No/No	No/No
Payroll	No/No	No/No
Training & Support
	American Leak Detection Franchise	Miracle Method Surface Restoration Franchise
Training	On-The-Job Training: 40 hours Classroom Training: 40 hours Additional Training: Annual convention	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
Support	Newsletter Meetings/Conventions Toll-Free Line Online Support Field Operations Proprietary Software Franchisee Intranet Platform	Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform
Marketing	Co-op Advertising National Media Regional Advertising SEO Website development	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	Franchise can be run from home. International franchisees required to buy multiple units/master licenses; 7% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)	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
Expansion Plans
	American Leak Detection Franchise	Miracle Method Surface Restoration Franchise
US Expansion	Yes	Yes
Canada Expansion	Yes	Yes
International Expansion	Yes	No

Company Overviews

About American Leak Detection

When Richard and Lorrie Rennick established American Leak Detection in Palm Springs, California, in 1974, they constrained business to distinguishing pool, spa and section spills in the Southern California range. Since that time, the organization has extended past its abandon roots' American Leak Detection now works areas over the United States and around the globe. Today, notwithstanding the pool, spa and piece work, American Leak Detection franchisees perform sewer-and utility-line finding; oil, gas and common gas spill identification; split infusion; and different other related administrations.

Seeking new franchise units in the following regions/states:Midwest, Northeast, South, Southeast, West, Asia, Australia/New Zealand, Canada, Central America, Eastern Europe, Mexico, South America and Western Europe

Veteran Incentives $5,000 off franchise fee

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!