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Updated RecentlyMiracle Method Surface Restoration vs Paul Davis Restoration Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Miracle Method Surface Restoration vs Paul Davis Restoration including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $84,500 - $180,000 | $186,390 - $510,700 |
| Franchise Fee | $45,000 - $58,000 | $100,000 - $130,000 |
| Royalty Fee | 5.5% | 4% |
| Advertising Fee | 1.5% | $125/mo. |
| Year Founded | 1977 | 1966 |
| Year Franchised | 1979 | 1970 |
| Term Of Agreement | 5 years | 10 years |
| Term Of Agreement | 5 years | 10 years |
| Renewal Fee | 5% | - |
Business Experience Requirements |
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| 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 | Are you driven, success minded, and ready to start the next chapter of your life? You don't need to have experience with the restoration business to become a Paul Davis Restoration or Paul Davis Emergency Services business owner. What we look for in our franchisees is the desire to succeed. So, if you're patient, willing to work hard, learn, and collaborate with our team, you're an excellent fit for a Paul Davis business opportunity. |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/No | Yes/Yes |
| Start-up Costs | No/Yes | No/Yes |
| Equipment | No/Yes | No/No |
| Inventory | No/Yes | No/Yes |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| 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 | We take training seriously at Paul Davis. It's a bedrock principle of our company because our reputation is only as good as the education we provide our business owners. That's why we continually invest in our state-of-the-art training facility and our world-class trainers. Paul Davis business owners leave training prepared to own and operate their restoration businesses because our training is unparalleled. On-The-Job Training: 20 hours Classroom Training: 228 hours Additional Training: Follow-up training at 6-month anniversary |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform | We offer continuing education classes, franchisee mentoring programs, marketing support, and a field representative dedicated to your ongoing needs to ensure you're growing and evolving as a business owner and receiving all the tools you need to thrive. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations |
| 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 | Co-op Advertising Ad Templates 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 |
3% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 20
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)
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Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | Yes | Yes |
| International Expansion | No | No |
Company Overviews
About Miracle Method Surface Restoration
Veteran Incentives 10% off franchise fee
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About Paul Davis Restoration
Veteran Incentives $10,000 off franchise fee
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#239 in Franchise 500 for 2021. Not in Franchise 500 for 2020.