Start-Up Costs and Fees |
||
| Miracle Auto Painting | ColorAll Technologies | |
| Investment | 216000 - 273000 | 35000 - 147200 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 10% |
| Advertising Fee | 0 | |
| Year Founded | 1953 | 1990 |
| Year Franchised | 1964 | 1998 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Miracle Auto Painting | ColorAll Technologies | |
| Experience | General business experience Some type of automotive experience | |
Financing Options |
||
| Miracle Auto Painting | ColorAll Technologies | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | Yes | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Miracle Auto Painting | ColorAll Technologies | |
| Training | Three Weeks of training and pre-launch support | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| 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 |
||
| Miracle Auto Painting | ColorAll Technologies | |
| US Expansion | Arizona, California, Colorado, New Mexico, Nevada, Oregon, Texas, Washington, | Alabama, Alaska, Arizona, Arkansas, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Iowa, Kansas, Kentucky, Louisiana, Maine, Massachusetts, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Miracle Auto Painting | |
| ColorAll Technologies | |
| Franchise Fee | |
| Miracle Auto Painting | |
| ColorAll Technologies | |
| Royalty Fee | |
| Miracle Auto Painting | 5% |
| ColorAll Technologies | 10% |
| Advertising Fee | |
| Miracle Auto Painting | |
| ColorAll Technologies | 0 |
| Year Founded | |
| Miracle Auto Painting | 1953 |
| ColorAll Technologies | 1990 |
| Year Franchised | |
| Miracle Auto Painting | 1964 |
| ColorAll Technologies | 1998 |
| Term Of Agreement | |
| Miracle Auto Painting | 10 years |
| ColorAll Technologies | 5-10Years |
| Renewal Fee | |
| Miracle Auto Painting | $1.5K |
| ColorAll Technologies | $2,000-$5,000 |
Business Experience Requirements |
|
| Experience | |
| Miracle Auto Painting | General business experience Some type of automotive experience |
| ColorAll Technologies | |
Financing Options |
|
| Franchise Fees | |
| Miracle Auto Painting | No |
| ColorAll Technologies | No |
| Start-up Costs | |
| Miracle Auto Painting | |
| ColorAll Technologies | |
| Equipment | |
| Miracle Auto Painting} | |
| ColorAll Technologies | |
| Inventory | |
| Miracle Auto Painting | |
| ColorAll Technologies | |
| Receivables | |
| Miracle Auto Painting | |
| ColorAll Technologies | |
| Payroll | |
| Miracle Auto Painting | |
| ColorAll Technologies | |
Training & Support |
|
| Training | |
| Miracle Auto Painting | |
| ColorAll Technologies | Three Weeks of training and pre-launch support |
| Support | |
| Miracle Auto Painting | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| ColorAll Technologies | |
| Marketing | |
| Miracle Auto Painting | Co-op advertising, Ad slicks, Regional advertising |
| ColorAll Technologies | |
| Operations | |
| Miracle Auto Painting | 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) |
| ColorAll Technologies | |
Expansion Plans |
|
| US Expansion | |
| Miracle Auto Painting | Arizona, California, Colorado, New Mexico, Nevada, Oregon, Texas, Washington, |
| ColorAll Technologies | Alabama, Alaska, Arizona, Arkansas, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Iowa, Kansas, Kentucky, Louisiana, Maine, Massachusetts, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming |
| Canada Expansion | |
| Miracle Auto Painting | |
| ColorAll Technologies | |
| International Expansion | |
| Miracle Auto Painting | |
| ColorAll Technologies | |