Join a recognized leader in Automotive Care with Midas!
Now more than ever, the automotive industry is an essential one, worth $419B and servicing over 288 million cars on American roads today.1 Your Midas franchise will be able to provide drivers with an important suite of products and services, including:
With more cars on the road each year and the average lifecycle of vehicles now averaging 12 years, many of them are exceeding manufacturer warranty periods, and 90% of owners do not return to the dealer for service.1
Trusted by customers since 1956, Midas was voted America's Best Customer Service by Newsweek.com and is ranked #1 in Auto Service by Entrepreneur Franchise 500 for 2023.
We know how good it feels to be in business for yourself—even more so when you’re successful. At Midas, we want to make the chance at profitable business ownership available to as many people as possible. That’s why we’ve created custom automotive franchise opportunities that can make it happen.
Veterans Opportunity: Midas is proud to offer $17,500 off the initial automotive franchise franchise fee for honorably discharged veterans looking to transition out of their distinguished military careers. You risked it all and served your country proudly, and we thank you for your service.
First Responders Opportunity: Every day was different. Every call was unique. Without hesitation, you worked to ensure society remained safe and well. As a way of thanking you for your service, Midas proudly offers $17,500 off your automotive franchise fee as an eligible first responder candidate.
Conversion Opportunity: Now might be the time to convert your shop into a Midas automotive franchise to gain access to all our brand perks, or consider selling your existing automotive business to one of our franchisees.
Multi-Unit Opportunity: If you’re interested in owning multiple automotive franchise units and have confidence that you can maximize your profits and growth within a specified territory, then an Area Development Agreement might be just what you’re looking for.
1Auto Care Factbook, published by Auto Care Association, 2021
2NET INCOME: This number is an historic financial performance representation reflecting the average of franchisee net income on an annual basis for the 2021 calendar year of the top quartile of all Midas Shop outlets (in terms of total income) that operated for at least 12 consecutive months as of December 31, 2021, that furnished financial data to us for the year that we believe to be reliable, and which remained under the same ownership during the 2021 calendar year (the “2021 Top Quartile Shops”). The 2021 Top Quartile Shops include 233 outlets, of which 74 (or 32 percent) exceed the average net income of that group. The 2021 Bottom Quartile Shops include 233 outlets, of which 123 (or 53%) exceed the average net income of that group. The information was compiled using actual reported sales of our existing U.S. Midas Shop outlets during the year 2021 based on monthly sales reports submitted to us by Midas franchisees for the purpose of computing royalty fees and other financial data of these shops that was submitted to us. We have not independently audited or verified the accuracy of these numbers, and we do not know if these numbers have been verified or audited on behalf of the franchisees. Some outlets have earned this amount. Your individual results may differ. There is no assurance that you’ll earn as much. See Item 19 of the Midas 2022 FDD for further information.
Please note that the information contained on this website does not constitute the offer of a franchise and that such offers will be made only in conjunction with the presentation of the Midas Disclosure Document in states where we are first registered, excluded, exempted or otherwise qualified to offer franchises in that state.
(1) This number is an historic financial performance representation reflecting the average of franchisee net income on an annual basis for the 2020 calendar year of the top quartile of all Midas Shop outlets (in terms of total income) that operated for at least 12 consecutive months as of December 31, 2020, and who furnished financial data to us for the year that we believe to be reliable (the “2020 Top Quartile Stores”). The 2020 Top Quartile Stores include 60 outlets, of which 28 (or 47 percent) exceed the average net income of that group. The information was compiled using actual reported sales of our existing U.S. Midas Shop outlets during the year 2020 based on monthly sales reports submitted to us by Midas franchisees for the purpose of computing royalty fees and other financial data of these shops that was submitted to us. We have not independently audited or verified the accuracy of these numbers, and we do not know if these numbers have been verified or audited on behalf of the franchisees. A new franchisee’s results may differ from the represented performance. Click here to see Item 19 of the Midas 2021 FDD for further information.
(2) This number is an historic financial performance representation reflecting the average of franchisee gross revenues on an annual basis for the 2019 and 2020 calendar years of the top quartile of all Midas Shop outlets that operated for at least 24 consecutive months as of December 31, 2020, and who reported sales for each month of the 2019 and 2020 years (the “2019/2020 Top Quartile Stores”). The 2019/2020 Top Quartile Stores include 228 outlets, of which 72 (or 32 percent) exceed the average total revenues of that group. The information was compiled using actual reported sales of our existing U.S. Midas Shop outlets during the years 2019 and 2020 based on monthly sales reports submitted to us by Midas franchisees for the purpose of computing royalty fees. We have not independently audited or verified the accuracy of these numbers, and we do not know if these numbers have been verified or audited on behalf of the franchisees. A new franchisee’s results may differ from the represented performance. Click here to see Item 19 of the Midas 2021 FDD for further information.
