- 2025 Franchise 500 Rank
-
#134 Ranked #158 last year
- Initial investment
-
$96K - $190K
- Units as of 2024
-
194 22.8% over 3 years
Miracle Method Surface Refinishing specializes in refinishing ceramic tiles, bathtubs, sinks, countertops, bathrooms, and similar surfaces. The company was created in 1977 when founder Bob Gray discovered that many people wanted to revamp their houses, but lacked the capital needed for a complete reconstruction.
Currently, the Miracle Method Surface Refinishing brand has over 150 locations. However, they plan to expand into new territories as demand for their unique services remains. As a franchisee, you will be tasked with providing refinishing services to residential houses and commercial buildings such as hospitals and schools.
Why You May Want to Start a Miracle Method Surface Refinishing Franchise
Miracle Method Surface Refinishing offers franchisees unmatched support, be it helping you select a viable site location, marketing, business management, or introducing you to architects/interior designers/vendors. Also, if you need additional assistance, a Miracle Method Surface Refinishing representative is just a phone call away.
What Might Make a Miracle Method Surface Refinishing Franchise a Good Choice?
To be part of the Miracle Method Surface Refinishing team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements. Also, veterans may qualify for a discount on their franchise fee. Miracle Method Surface Refinishing also offers in-house financing to help cover the franchise fee, as well as partnering with third-party financial lenders that may offer financial help concerning the startup cost, equipment, inventory, and payroll.
How To Start a Miracle Method Surface Refinishing Franchise
As you decide if opening a Miracle Method Surface Refinishing franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Miracle Method Surface Refinishing franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. You may want to speak to existing franchisees and ask the Miracle Method Surface Refinishing franchising team questions as part of your due diligence. Additionally, you may want to speak to a financial planner and an attorney specializing in franchise law.
With the aid of a Miracle Method Surface Refinishing franchise representative, you may be able to draft a business plan and prepare for any face-to-face meetings with brand executives.
Company Overview
About Miracle Method Surface Refinishing
Industry | Home Improvement |
---|---|
Related Categories | Kitchen & Bath Remodeling, Miscellaneous Home-Improvement Businesses |
Founded | 1977 |
Parent Company | Miracle Method of the United States |
Leadership | John Tubiolo, Brand Leader |
Corporate Address |
4310 Arrowswest Dr. Colorado Springs, CO 80907 |
Social | Facebook, Twitter, LinkedIn, Instagram, YouTube, Pinterest |
Business Overview
Franchising Since | 1980 (45 years) |
---|---|
# of employees at HQ | 22 |
Where seeking |
This company is offering new franchises worldwide. This company is offering new franchises in the following US states: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming |
# of Units | 194 (as of 2024) |
Line graph showing the number of units this franchise had for the last 5 years. |
Information for Franchisees
Here's what you need to know if you're interested in opening a Miracle Method Surface Refinishing franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$45,000 - $58,000 |
---|---|
Initial Investment
|
$95,650 - $190,050 |
Net Worth Requirement
|
$150,000 |
Cash Requirement
|
$85,000 - $90,000 |
Veteran Incentives
|
20% off franchise fee |
Royalty Fee
|
5.5% |
Ad Royalty Fee
|
2% |
Term of Agreement
|
5 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
In-House Financing | Miracle Method Surface Refinishing offers in-house financing to cover the following: franchise fee |
---|---|
Third Party Financing | Miracle Method Surface Refinishing has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 80 hours |
---|---|
Classroom Training | 40 hours |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
# of employees required to run | 3 |
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where Miracle Method Surface Refinishing landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Miracle Method Surface Refinishing ranked on other franchise lists? Find out below.
Sign Up for Our Franchise Newsletter
Stay up to date on the latest news and trends affecting the franchise industry.
Related Franchises
Are you eager to see what else is out there? Browse franchises that are similar to Miracle Method Surface Refinishing.
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
This Franchise Has Seen Remarkable Growth in the $5.3Bn Drug Testing Industry
Fastest Labs is a leader in the high-growth and recession-resistant drug, alcohol and DNA testing industry
I'm CEO of an International Commercial Cleaning Franchise. Here's How I've Turned My Failures Into Fuel for Success.
Failure is not the end — it's a stepping stone to success. Explore how setbacks can be transformed into valuable learning experiences that fuel growth and resilience.
Want to Be an Entrepreneur? Start With These 4 Simple Steps.
Check out this list of 4 things that don't require a lot of time or money, but can get you in the right frame of mind to figure out if entrepreneurship is the right fit for you.
He Went From Corporate America to Owning a $2.5 Million Franchise Recycling Cooking Oil: 'I Decide How I Want to Achieve Success'
Trent Carlos had no experience in the industry when he started his Filta Environmental Kitchen Solutions franchise. Now he's living his wildest entrepreneurial dream.
5 Expert Tips to Make the Most of the IFA Convention
After several years of attending, filming, and connecting with franchisors at IFA, I've gathered insights that can turn your first experience from overwhelming to unforgettable.
From Powerhouses Like Jersey Mike's and Taco Bell to Icons Like Pizza Hut, These are the Top Fast-Food Franchises in 2025
Discover the 10 most successful QSR franchises of 2025, based on Entrepreneur's Franchise 500 ranking.