Vision is what drives a successful business, but true success comes when it’s combined with a proven product. That’s the story behind Miracle Method, the nation’s largest professional bathroom and kitchen refinishing franchise.
Since 1979, Miracle Method has provided a unique niche service with proprietary technology, and it’s helped them emerge as the leader in their industry. Now, with a strong network through 137 territories throughout the United States and Canada that generate more than $50 million in annual sales, the brand is looking to partner with 15 new franchisees in 2016—starting in Arizona.
With one location already in Tempe and another in West Phoenix, John Tubiolo, Miracle Method’s vice president of franchise sales and development, said the brand is currently eyeing two open markets—Phoenix and Tucson.
With a population of 1.5 million and one million in Phoenix and Tucson respectively, Tubiolo believes these two cities have immense opportunity for the brand, thanks to their sprawling, multicity metropolitan areas. In additional to thousands of residential properties, Phoenix also boasts high-end resorts due to its popular golfing community. Meanwhile, in Tucson, the University of Phoenix offers another lucrative opportunity for the brand.
“The demand for refinishing is booming. We need more franchisees in territories like Phoenix and Tucson so we can better serve these markets and our national accounts. We think 2016 will be a big growth year for Miracle Method, and establishing a strong footprint in Arizona is a big step in continuing that momentum,” Tubiolo said.
Miracle Method’s customers include not only millions of homeowners, but also hotels, hospitals, property managers, colleges and universities, making the business very attractive to potential franchise owners. Its robust business plan gives franchisees access to corporate support and ongoing technical and administrative training opportunities. The brand is looking to attract owner-managers who aren’t afraid to get their hands dirty, but can also scale the mobile business and focus more on development while trained technicians handle the resurfacing projects. Potential owners only need capital of, or access to, about $60,000 to $80,000 to get started, in addition to the $40,000 franchise fee. Franchisees start with two technicians and two vehicles, and the potential to grow to a multi-million dollar business.
“We are the leader in our industry and we strive to have the best systems in place for our franchisees so that they can experience success and growth in their business,” Tubiolo said. “I believe our greatest growth period is still ahead of us as more residential and commercial customers discover the benefits of refinishing.”