Miracle Auto Painting Franchise

Automotive painting & body repair

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NO LONGER FRANCHISING: If this is a mistake please contact our Franchise Support for update.
The Miracle reputation for Quality at Moderate Cost was firmly established in the San Francisco Bay Area in these early years. In late 1954 about 90% of Miracle's work was retail--a big swing from the early days. Firm believers in keeping the name, moderate prices and the quick turnaround before the public, Miracle stores spent up to 18% of gross sales to enhance the word-of-mouth awareness, the quality work and resonable prices engendered. The San Mateo, California flagship location opened in 1965 and the success of Miracle Auto Painting as a chain was well established. During these years came the standardization of the Operations Manual, accounting and other business management procedures which had proven themselves over the preceeding several years. Longer term advertising and marketing plans were designed and implemented and franchising began.

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$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


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Please Note: The operators of Miracle Auto Painting, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Miracle Auto Painting website.

How much does it cost to open a Miracle Auto Painting Franchise ?

The investment required to open a Miracle Auto Painting Franchise is between $216,000 - $273,000 . There is an initial franchise fee of $35,000 which grants you the license to run a business under the Miracle Auto Painting name.

Individual Franchise Costs

  • Initial Investment:
    $216,000 -
  • Initial Franchise Fee:
    $35,000
  • Royalty Fee:
    5%
  • Term of Agreement:
    10 years
  • Renewal Fee:
    $1.5K

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

Third Party Financing Source(s):
Comerica Bank

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

Miracle Auto Painting Growth History

When did the first Miracle Auto Painting open? 1953
When did Miracle Auto Painting start Franchising ? 1964

Year U.S.A. Canada International Corporate
2005 22 0 0 3
2004 25 0 0 3
2003 27 0 0 3
2002 27 0 0 3
2001 28 0 0 1

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)

General business experience Some type of automotive experience

Arizona, California, Colorado, New Mexico, Nevada, Oregon, Texas, Washington,



How much does a Miracle Auto Painting Franchise owner make?

How much money you could make as a Miracle Auto Painting Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Miracle Auto Painting Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$35,000 - $273,000
Initial Franchise Fee
$35,000
Royalty Fee
5%
Term of Agreement
10 years
Renewal Fee
$1.5K
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Legal Disclaimer: This information is not a franchise offering for Miracle Auto Painting and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing an Miracle Auto Painting franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.