Exploring an auto repair franchise opportunity in Phoenix? Midas franchises can be a great option to consider because the auto industry is in high demand!
Arizona has been a popular destination for years. The Grand Canyon National Park was established back in 1919, but this national monument has been attracting people from across the nation for centuries. This is just one of the attractions tourists and residents alike enjoy in Arizona. Phoenix especially captures attention as it is a thriving metropolis offering a variety of activities to enjoy such as desert preserves and hiking trails, city parks, arts and culture, and more!
With all this bustling activity, the last thing any resident – or tourist – should have to worry about is safely getting from the origin point to their desired destination. That’s why having dependable mechanic franchises in Phoenix is so important. The good news is those in Phoenix, Arizona, don’t have far to look. With over 60 years of experience and expertise behind it, Midas provides the auto repairs needed and even more – there’s actually the opportunity to join this renowned company as a franchisee!
Over the years, Midas has become a household name. When a phrase like, “Trust the Midas Touch” is used by so many people looking for an auto repair franchise, consumers can trust that they’re visiting an establishment that will put their needs first. What does this have to do with opening a franchise, though? For starters, potential investors looking to open a car repair or oil change franchise in Phoenix can be sure they’ll automatically have the support and backing of a prestigious auto care brand.
The auto repair industry provides much-needed services, and the demand is not diminishing. So much so that car care companies service about 288 million vehicles, which is worth approximately $419 billion a year. As Midas franchise owners, it’s possible to enjoy a piece of this lucrative industry even if you don’t have any vehicle repair or car industry experience!
How does Midas set owners of a mechanic franchise in Phoenix, AZ, up for success? To begin with, expert Midas team members are available from day one to provide in-depth and tailored training and access to the information needed. This starts with providing important insights for site selection (such as demographics, traffic patterns, available parking, and competition) and sharing building plans that can be used and marketing strategies to implement.
Operations training is also included in prepping a new business owner to take over a franchise. Some of the day-to-day tasks that we provide instruction on include:
There’s no doubt that Midas is a trusted resource and one of the top auto repair franchises in Phoenix and across the country. The company has been recognized in publications and continues to make headlines about its long-standing and consistent customer service and auto care. Newsweek.com shared that Midas was voted as “America’s Best Customer Service for 2019” and Entrepreneur Franchise 500 noted that the company is ranked “#1 in Auto Service.”
With locations in 49 states, as well as 13 provinces in Canada, for generations car owners have been coming to Midas for a complete suite of products and care including repairs (such as brake, exhaust, steering, and suspension system), routine maintenance, new tires and wheel alignment, and much more. It’s no wonder this company has been impressing car drivers around the nations since 1956.
If you want to find satisfaction in helping your community and are looking to launch a new course of financial freedom and independence, it may be time to consider joining the Midas Phoenix auto franchise family! Contact us today to learn more and to take the first step in opening your own Midas location.
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.