Miracle Method’s business fundamentals are better than many other opportunities:
High customer demand: Literally every home, hotel and apartment is a potential customer. Refinishing offers incredible savings of up to 75% of the replacement cost of most bathroom fixtures and kitchen countertops. The top Miracle Method franchisees generate annual sales between $500,000 - $1,100,000.
Family friendly work schedule: A typical franchisee’s workweek is 8 am to 5 pm, Monday – Friday and advance scheduling allows you the flexibility to work when you want to!
Recession resistant: Whether the economy is booming or receding, cost savings of up to 75% are always attractive. Actually, our business gets even better when budgets are tight because that’s when people especially want to save money and, yet, still receive a good value.
Low capital investment: A Miracle Method franchise has a much lower upfront cost than most fast food or retail franchises. Total start up costs range from $85,000 to $125,000 depending on how many workers you hire.
Good profit margins: Your hard work combined with Miracle Method support systems will generate competitive profit margins.
Scalability: Your sales and income will multiply every time you hire a technician! Expanding your own business is predictable and manageable.
Fast growing home improvement segment: Interest in refinishing is growing. The bath and kitchen are the two most remodeled rooms in the house. The demand for cost-effective ways to remodel without replacement will continue to grow.
Limited competition: Surface Refinishing is not crowded when compared to other home services such as plumbers, painters, landscapers, or carpet cleaners.
Low inventory: Your capital will not be tied up in large inventories of supplies. A surprisingly small amount of supplies and equipment are needed to perform the average job.
Low account receivables: Homeowners will make up about 60% of your business and will pay by cash, check or credit card. Commercial receivables are typically net 30 days.
Growth Industry: It’s estimated that only 20% of the general public are aware of the benefits of refinishing. That means 80% of the population of your city represents untapped potential!
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