Miracle Auto Painting Inc.

Founded: 1953 Franchising since: 1964

2343 Lincoln Ave. Hayward, California 94545

Phone: (877)647-2253/ (510)887-2211 Franchisee Association Miracle Franchise Owner's Association

Franchisor has 10 employee(s); 2 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2008	16	0	0	3
2007	19	0	0	3
2006	22	0	0	3
2005	22	0	0	3

Where Seeking Franchisees
In the U.S. Arizona, California, Colorado, New mexico, Nevada, Texas, United states, Washington
Outside the U.S.: Eastern europe, Western europe

Exclusive territories available.
Territory size: Varies

Total investment: $216K-273K Franchise fee: $35K

Ongoing royalty fee: 5% Term of agreement: 10 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	Yes
Startup Costs	No	Yes
Equipment	No	Yes
Inventory	No	Yes
Accounts Receivable	No	Yes
Payroll	No	Yes

Third-party financing source(s): Comerica Bank

Qualifications
Net worth requirement: $500K
Cash liquidity requirement: $100K
Business Experience:

• General business experience
• Some type of automotive experience

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)

Training

• Available at headquarters: 2 weeks
• At franchisee's location: 2 weeks
• At existing franchise locations : 2 weeks

Ongoing Support

• Newsletter
• Meetings
• Toll-free phone line
• Grand opening
• Internet
• Security/safety procedures
• Field operations/evaluations
• Purchasing cooperatives

Marketing Support

• Co-op advertising
• Ad slicks
• Regional advertising

Other marketing support

• Radio & TV scripts

Franchise 500® rank:
#463 (2005);