Nashville’s Tourism industry is booming, with over 12 million total visitors in 2021* coming from across the States and internationally to take in the arts, culture, and sightseeing opportunities this wonderful city has to offer. Recent reports have shown that visitors spend an average of $286 per day*, with the tourism industry raking in over $7 billion annually.* These numbers are forecasted to continue growing. It’s indisputably a great time to take advantage of our auto repair business for sale: Nashville, TN, offers a great option to do so.
This state capital is the music capital of the US and is said to be one of the friendliest cities in the country. It comes as no surprise that tourists from all over the States flock to Nashville on road trips to see what all the fuss is about. Naturally, it is essential to ensure their vehicles are in perfect working order before heading off on any road trips. Still, one never knows when one may need an auto repair service for any unforeseen circumstances. Thankfully, finding a trusted auto repair service like Midas in the area will be a relief to any vehicle owner who encounters any issues while on a trip to Nashville.
The Midas brand has been servicing drivers and their cars for more than 60 years, and today, with over 1900 locations globally, we are the full-service auto care name people trust. The phrase “Trust the Midas Touch” has become familiar to millions worldwide. By taking on a Midas business for sale in Nashville, TN, you’ll be providing millions of tourists and residents with a trustworthy solution for any vehicle repairs and maintenance.
We’ve been placed on Entrepreneur’s Franchise 500 list for many years, and in 2022 we were ranked number one in our category. Our decades’ worth of excellence in the franchise industry speaks for itself, allowing us to continue providing vehicle owners with top-notch service offerings such as:
Midas is a leader in the auto repair industry. Automotive retail is the fastest-growing technology market, second only to the cell phone industry. As a Midas franchisee, you’ll be able to leverage a proven business model that’s at the heart of our robust and recession-resistant opportunity.
When investing in a franchise brand, we know you have choices, and we encourage you to do your homework. We’re confident that once you do, you’ll quickly realize a Midas franchise investment is a smart one for plenty of great reasons:
If a Midas business for sale in Nashville sounds like the right opportunity for you, then don’t wait any longer! Our team of experts is standing by to help answer your questions and start the process.
Contact us today to see how joining the Nashville, Tennessee, Midas family of franchisees can be the start of something new and great for you!
*Visitmusiccity.com, August, 2022 Research and Hospitality Stats
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.