Miracle Method Identifies Unique Expansion Opportunity in The Sunshine State

Miracle Method, the preferred refinisher for kitchens and baths, recognizes a tremendous opportunity for growth in Florida. With an overwhelming trend of tile in the warm climate paired with the growing tourist population, the Jacksonville, Orlando, Tampa, Fort Lauderdale, Miami and Palm Beach markets are primed for quick growth.

The unique refinishing process transforms existing fixtures and surfaces to make them look like new again - such as bathrooms, countertops, floors, ceramic tile or other surfaces. The process is simple, and the perfect solution for a homeowner looking to upgrade, but not ready for a full renovation. In Miami-Dade County specifically, where 23.8% of homes were built between 1980 and 1989, Miracle Method provides homeowners with dated kitchens and bathrooms the opportunity to upgrade at a fraction of the cost of a remodel and to have the work completed in days, instead of weeks.

“The demand for refinishing is growing. Homeowners typically shy away from a full-fledged remodel if they are not fully committed, and that’s where we come in,” said Gwyn O’Kane, VP of Franchise Development at Miracle Method. “The Florida market provides endless opportunity for a franchise owner because we also provide cost-effective solutions for commercial properties like hospitals, schools, military bases and elderly home care facilities. There are plenty of these types of properties across Florida.”

Florida also offers a unique opportunity for Miracle Method’s growth with its heavy tourist population. As a number of newcomers fly in for sunshine and relaxation, the number of hotels increase in the market and the older and more dated hotels are looking for quick renovations to continue competing. Miracle Method has seen success on a national scale partnering with hotels in a similar scenario that are looking for a quick, yet durable face-lift.

“There are so many outdated homes and commercial properties in the market, and it is very expensive to do an overall renovation,” said O’Kane. “Refinishing existing spaces and fixtures not only saves time, but also is a major cost saver. There are a large variety of color choices and the result is a beautiful surface that is easy to clean and extremely hygienic.”

For potential franchise owners, the average investment range for a Miracle Method franchise is between $85,000 and $120,000. The liquid capital requirement is in the $40,000-50,000 range and Miracle Method can assist with seeking financing for the remainder. The growth momentum behind Miracle Method is unlike ever before, as the brand prepares to close out one of its strongest years for development yet.

“The Florida market is hot and only expected to get hotter,” said O’Kane. “When homeowners and commercial property owners have the option to affordably update instead of starting a full remodel, it typically makes more sense. We have a lot of great exclusive territory available across Florida and we are now on the lookout for some energetic new owners to join Miracle Method and benefit from our very unique franchise opportunity.”

For more information on the Miracle Method franchise opportunity click here.