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October 17, 2022
Start Your Business from Scratch or Open a Midas Car Repair Franchise? Some Important Differences!

Small businesses are the backbone of the American economy, and every year thousands of people become owners of them. We applaud their entrepreneurial spirit, especially if they’re going into the automotive repair industry! Many of those new owners started by themselves with no help at all, taking on all the work and risks themselves. But […]

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October 10, 2022
What Are Some Traits That Will Prepare You to Succeed in the Automotive Repair Industry?

If you’re ready to start a career in the automotive repair industry and are wondering what it takes to do so, we can tell you that the most successful Midas franchisees exhibit certain traits that help them run their businesses smoothly and profitably. Of course, when you join the Midas family, we’ll be there for […]

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October 3, 2022
Four Great Perks to Taking Advantage of Our Midas Auto Repair Franchise Opportunities 

If you’re thinking about opening a small business on your own, we know that can be an exciting process; but it can also mean a lot of work, which is why Midas auto repair franchise opportunities make a lot of sense. Why? Because partnering with a franchisor like Midas comes with lots of perks that […]

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September 28, 2022
What Are Some Steps to Starting a Midas Auto Repair and Service Franchise?

If you’re wondering how to open an auto repair and service franchise with Midas, you’ll be happy to know the process is straightforward and transparent. We’ve been helping franchisees become automotive repair and service business owners for decades and always make sure we’re there to answer any questions they may have along the way. Here, […]

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September 13, 2022
Midas Auto Repair Franchise Opportunities Can Put You in the Middle of a Robust Industry!

If you’re ready to become your own boss in the auto industry, there are two ways you can achieve that goal: you can strike out on your own and start your business from scratch, assuming all the responsibilities yourself, or you can take advantage of one of our Midas auto repair franchise opportunities and enjoy […]

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September 9, 2022
What Does the Midas Franchise Cost Look Like, and What Does It Get You?

Starting a small business takes a financial commitment, and opening a Midas franchise is no different. The good news is that because we’ve helped thousands of franchisees set up their own small businesses, we have a very good sense of what the initial Midas franchise cost looks like. In fact, our estimate of the required […]

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Midas
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.

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.

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