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Below is an in-depth analysis and side-by-side comparison of Miracle Method Surface Restoration vs Surface Specialists 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 | $43,200 - $56,000 |
Franchise Fee | $45,000 - $58,000 | $36,000 |
Royalty Fee | 5.5% | 5% |
Advertising Fee | 1.5% | - |
Year Founded | 1977 | 1981 |
Year Franchised | 1979 | 1982 |
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 | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | Yes/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/No |
Inventory | No/Yes | No/No |
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 | On-The-Job Training: 57-73 hours Classroom Training: 23 hours Follow-up training available at franchisee's location |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Online Support Field Operations Franchisee Intranet Platform |
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 | Ad Templates Social media SEO Website development |
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 |
Franchise can be run from home. 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 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 |
Wayne McClosky established Surface Specialists in 1981, building up the establishment model in Colorado Springs, Colorado. To start with the family-claimed organization offered just insignificant repair administrations for plastic cover ledges and fiberglass and porcelain shower surfaces, however it soon extended to incorporate resurfacing administrations for marble sinks and vanity tops. It started diversifying in 1982 and is presently situated in Matthews, North Carolina.
Our establishments have been pioneers in the bath and kitchen repair industry for more than 30 years and speak to more than 80 bath makers the nation over for their guarantee repairs. What began as a business to repair blazes in ledges has extended throughout the years to end up distinctly one of the countries biggest establishments offering bath and kitchen repair and revamping. Surface Specialists establishments additionally offer a bigger number of choices and value focuses to clients than whatever other single reclamation establishment.