Miracle Method Surface Restoration vs Furniture Medic Franchise Comparison

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

Start-Up Costs and Fees
 
Miracle Method Surface Restoration Franchise
Furniture Medic Franchise
Investment $84,500 - $180,000$80,799 - $90,136
Franchise Fee $45,000 - $58,000$33,000
Royalty Fee 5.5%7%
Advertising Fee 1.5%2%
Year Founded 19771992
Year Franchised 19791992
Term Of Agreement 5 years5 years
Term Of Agreement 5 years5 years
Renewal Fee 5%-


Business Experience Requirements
 
Miracle Method Surface Restoration Franchise
Furniture Medic Franchise
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


  • Industry experience
  • General business experience
  • Marketing skills
    		•

    Financing Options
     
    Miracle Method Surface Restoration Franchise
    Furniture Medic Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/NoYes/No
    Start-up Costs No/YesYes/No
    Equipment No/YesYes/No
    Inventory No/YesYes/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    Miracle Method Surface Restoration Franchise
    Furniture Medic Franchise
    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: 97-101 hours Classroom Training: 61 hours Additional Training: Home study/mentor program
    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 Security/Safety Procedures 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 Co-op Advertising Ad Templates National Media Regional Advertising Social media 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.

    International franchisees required to buy multiple units/master licenses; 40% 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)

    Expansion Plans
     
    Miracle Method Surface Restoration Franchise
    Furniture Medic Franchise
    US Expansion YesYes
    Canada Expansion YesNo
    International Expansion NoYes

    Company Overviews

    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! 
    Veteran Incentives  10% off franchise fee
    ""     "Top     "Entrepreneur
    #37 in Gator's Top franchises.
    In Franchise Business Reviews Top 200.
    #163 in Franchise 500 for 2020.
    #209 in Franchise 500 for 2021.



    About Furniture Medic

    Joseph Lunsford wasn't looking to start a business when he moved into a new home and realized that several pieces of his furniture had been damaged in transit, but start one he did. He founded Furniture Medic in 1992 in response to his dissatisfaction with the long turnaround time that was common with most refurnishing shops. In 1996 Furniture Medic was acquired by ServiceMaster and has since grown to more than 600 locations throughout the United States, Canada and Europe.

    Veteran Incentives  20% off franchise fee

    "Entrepreneur
    #367 in Franchise 500 for 2020.
    #346 in Franchise 500 for 2021.