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Below is an in-depth analysis and side-by-side comparison of Miracle Auto Painting vs Onsite Recon including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $216,000 - $273,000 | $80,996 - $120,111 |
Franchise Fee | $35,000 | $22,500 |
Royalty Fee | 5% | No less than 9% |
Advertising Fee | - | 2% Nat'l 3% Local |
Year Founded | 1953 | - |
Year Franchised | 1964 | - |
Term Of Agreement | 10 years | 5 years +5+5+5 |
Term Of Agreement | 10 years | 5 years +5+5+5 |
Renewal Fee | $1.5K | - |
Business Experience Requirements |
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Experience | You don�t need to have specific experience in the auto repair industry to become a franchise owner with Onsite Recon. We look for people who are motivated, optimistic, and who have some general business experience. Some background in customer service or sales would also be helpful for building relationships with customers in your territory. We also prefer franchise owners who will be directly involved in the operations and growth of their Onsite Recon franchises. We expect that franchisees have the right amount of capital to invest in the business. | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | Yes/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | We will provide you with up to 20 days of pre-opening, corporate-based training to you as the franchise owner and one other individual you designate. We will also provide you with up to four days of on-site training within 60 days of commencement of operations, to assist with marketing, sales strategies, providing services, and more, to ensure that you are up and running, and following our prescribed standards of operation. |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | You will have access to all Onsite Recon's exclusive trademarks, equipment, products and procedures. We'll also present you with a copy of our confidential operations manual to help you run your franchise business properly on a day-to-day basis. |
Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
Operations |
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) | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
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.