Miracle Method
Cherry Franchise Broker
Total investment:
$ 83,359
Franchise fee:
$ 50,250
Royalty fee:
5.50%
Marketing fee:
$ 0
Number of franchises
Return
Time period
Revenue:
$ 12 000*
* Calculator calculations are provisional, not guaranteed
MAIN INFORMATION
Year founded: 1977
Franchise since: 1980
Company owned units:
Franchise owned units: 349
Total number of units:
Number of employees per unit: 3
Contract period: 60 month
FRANCHISE ONLINE
WEBSITEMiracle Method offers bathroom refacing and refinishing services to homeowners, hotel operators and apartment managers. The company was founded in 1977 and is based in Colorado Springs, Colorado.
Miracle Method also provides franchising opportunities. As of 2018, the company owns and operates 148 franchises in the United States and one outside the country.
On-The-Job Training: 60 hours
Classroom Training: 60 hours
Additional training: Absentee Ownership Allowed
Net-worth Requirement: $150,000
Liquid Cash Requirement: $50,000 – $125,000 Ad Royalty Fee: 1.5%
Cherry Franchise Broker
Languages: 
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