Wednesday, February 14, 2007
Miracle Method added 23 franchises in 2006
Colorado Springs-based Miracle Method, already the nation's largest bathtub, tile and countertop refinishing franchiser, added 23 locations in 2006 and increased gross sales by more than 20 percent to $22 million. "Individual franchises' double digit sales growth," said Miracle Method president Chuck Pistor, "is due to the growing number of homeowners, hotel operators and property managers using surface refinishing as a more cost-effective alternative to the removal and replacement of bathtubs, tile surrounds and countertops." The cost of resurfacing a tub is $400 to $500 compared to $2,000 to $4,000 to tear out a tub and replace it.