Miracle Method Surface Restoration vs American Leak Detection Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Miracle Method Surface Restoration vs American Leak Detection including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Miracle Method Surface Restoration American Leak Detection
Investment 84500 - 180000 76755 - 259550
Franchise Fee 0 0
Royalty Fee 5.50% 6-10%
Advertising Fee 1.50%
Year Founded 1977 1974
Year Franchised 1979 1984
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Miracle Method Surface Restoration American Leak Detection
Experience Highly Motivated and Driven to Succeed. We are selective in who we choose as our franchisees. Our ideal candidates are motivated, able to follow processes & procedures, and can manage a business. Prefer some experience in Management, Sales, Marketing or Customer Service General business experience Marketing skills

Financing Options

  Miracle Method Surface Restoration American Leak Detection
 
Franchise Fees Yes No
Start-up Costs No No
Equipment No No
Inventory No No
Receivables No No
Payroll No No

Training & Support

  Miracle Method Surface Restoration American Leak Detection
Training We offer our franchisees an unmatched level of support and training. There is no other program like it in the surface refinishing industry. From our initial 20+ days of "immersion training" to our ongoing support, we help you profitably grow your business. On-The-Job Training: 80 hours Classroom Training: 40 hours On-The-Job Training: 40 hours Classroom Training: 40 hours Additional Training: Annual convention
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform Newsletter Meetings/Conventions Toll-Free Line Online Support Field Operations Proprietary Software Franchisee Intranet Platform
Marketing You will receive startup marketing collateral, including business cards, letterhead, brochures, door hangers, and sales brochures. A customized marketing plan will be developed for your territory and you will have access to Miracle Method's vast arsenal of radio and television commercials, direct mail programs, truck signage, home show materials, display ads, and more. The marketing team will be available to you for advice and direction to keep your advertising and marketing effective and persuasive. In addition, a customized subweb and unique url address will be created for you so customers can find your phone number, email you, request an estimate and read about your particular services. Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Co-op Advertising National Media Regional Advertising SEO Website development
Operations Franchisees start with a showroom location in their territory and minimum of 2-3 employees. Absentee Ownership Allowed Number of Employees Required to Run: 1 - 6 Franchise can be run from home. International franchisees required to buy multiple units/master licenses; 7% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Expansion Plans

  Miracle Method Surface Restoration American Leak Detection
US Expansion Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
International Expansion Australia/New Zealand, Canada, Central America, Eastern Europe, Japan, Mexico, South America, Western Europe,

Start-Up Costs and Fees Mobile

Investment
Miracle Method Surface Restoration
American Leak Detection
Franchise Fee
Miracle Method Surface Restoration
American Leak Detection
Royalty Fee
Miracle Method Surface Restoration 5.50%
American Leak Detection 6-10%
Advertising Fee
Miracle Method Surface Restoration 1.50%
American Leak Detection
Year Founded
Miracle Method Surface Restoration 1977
American Leak Detection 1974
Year Franchised
Miracle Method Surface Restoration 1979
American Leak Detection 1984
Term Of Agreement
Miracle Method Surface Restoration 5 years
American Leak Detection 10 years
Renewal Fee
Miracle Method Surface Restoration 5%
American Leak Detection


Business Experience Requirements

Experience
Miracle Method Surface Restoration Highly Motivated and Driven to Succeed. We are selective in who we choose as our franchisees. Our ideal candidates are motivated, able to follow processes & procedures, and can manage a business. Prefer some experience in Management, Sales, Marketing or Customer Service
American Leak Detection General business experience Marketing skills

Financing Options

 
Franchise Fees
Miracle Method Surface Restoration Yes
American Leak Detection Yes
Start-up Costs
Miracle Method Surface Restoration
American Leak Detection
Equipment
Miracle Method Surface Restoration}
American Leak Detection
Inventory
Miracle Method Surface Restoration
American Leak Detection
Receivables
Miracle Method Surface Restoration
American Leak Detection
Payroll
Miracle Method Surface Restoration
American Leak Detection

Training & Support

Training
Miracle Method Surface Restoration We offer our franchisees an unmatched level of support and training. There is no other program like it in the surface refinishing industry. From our initial 20+ days of "immersion training" to our ongoing support, we help you profitably grow your business. On-The-Job Training: 80 hours Classroom Training: 40 hours
American Leak Detection On-The-Job Training: 40 hours Classroom Training: 40 hours Additional Training: Annual convention
Support
Miracle Method Surface Restoration Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform
American Leak Detection Newsletter Meetings/Conventions Toll-Free Line Online Support Field Operations Proprietary Software Franchisee Intranet Platform
Marketing
Miracle Method Surface Restoration You will receive startup marketing collateral, including business cards, letterhead, brochures, door hangers, and sales brochures. A customized marketing plan will be developed for your territory and you will have access to Miracle Method's vast arsenal of radio and television commercials, direct mail programs, truck signage, home show materials, display ads, and more. The marketing team will be available to you for advice and direction to keep your advertising and marketing effective and persuasive. In addition, a customized subweb and unique url address will be created for you so customers can find your phone number, email you, request an estimate and read about your particular services. Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
American Leak Detection Co-op Advertising National Media Regional Advertising SEO Website development
Operations
Miracle Method Surface Restoration Franchisees start with a showroom location in their territory and minimum of 2-3 employees. Absentee Ownership Allowed Number of Employees Required to Run: 1 - 6
American Leak Detection Franchise can be run from home. International franchisees required to buy multiple units/master licenses; 7% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Expansion Plans

US Expansion
Miracle Method Surface Restoration Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
American Leak Detection
Canada Expansion
Miracle Method Surface Restoration Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
American Leak Detection Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
International Expansion
Miracle Method Surface Restoration
American Leak Detection Australia/New Zealand, Canada, Central America, Eastern Europe, Japan, Mexico, South America, Western Europe,