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A Midas Auto Repair and Tire Shop Franchise Opportunity Comes with Lots of Benefits

February 20, 2023
auto repair and tire shop - Mechanic changing tires in a car service

If you’re ready to become your own boss in an industry that’s recession-resistant, if you want to be there for your community with a suite of important services, and you want to do all that with the support of a national brand, a Midas auto repair and tire shop franchise opportunity is the way to go! We’ve been providing drivers with high-quality automotive services for over 60 years, making us a name people recognize and trust. Your Midas franchise will benefit not only from instant name recognition but many other advantages that only come with the Midas brand.

More Cars, More Drivers, More Opportunity

Today, nearly 190M cars are registered in the US, a 16.4% increase overall between 2012-2021(1). Your Midas auto repair and tire shop franchise will be there for these cars and their drivers at every turn, with a suite of important services that include:

  • Brake repair
  • Tire replacement
  • Scheduled maintenance
  • Oil and fluid changes
  • Wheel alignment
  • And much more!

These expert services represent multiple revenue streams that will allow you to not only beat out the competition but enjoy more economic stability over the long run.

You Can Count on Plenty of Perks

As a Midas franchisee, you’ll have the freedom to operate independently but with an experienced industry team behind you, giving you outstanding support, providing deep resources, and offering training that’ll help you excel as the owner of your Midas franchise. Below are a few more perks you can look forward to as you establish your franchise and be there for your community in important ways:

Recognized Brand Name: The Midas name has been recognized and trusted for generations. That means you won’t have to spend nearly as much time establishing your reputation — we’ve already done a lot of that for you! When you can spend less energy on that, it leaves you more for what really matters — customer service and growth.

Important Vendor Relationships: Business owners need access to reliable sources for the inventory and supplies they’ll need to stay competitive. Thanks to the access you’ll have to our vendor relationships and a built-in distribution and supply chain network, you’ll stay the top choice for all things automotive.

Standardized Processes and Procedures: What makes a great location? How many employees should you hire? How do you get the word out about your business and all it has to offer? Midas franchisees don’t have to worry nearly so much about these considerations, thanks to our time-tested processes and procedures that help them navigate franchise ownership.

Access to National Fleet Accounts: Commercial vehicles are the lifeblood of countless industries, and because they see so much use, their scheduled upkeep is more important and more frequent. With locations in 49 out of 50 states, we’ve developed a fleet program that can boost your bottom line and keep you the expert that businesses and professional drivers turn to time and time again.

The Freedom to Grow with Our Tire and Auto Repair Franchise!

Because our systems and procedures take so much of the guesswork out of running your franchise, you can concentrate on what matters most — focusing on the customer experience and growing your business. Furthermore, once you’ve established your Midas auto repair and tire business franchise, you just might find that you’ll have the flexibility to strike a more rewarding work/life balance, one that leaves you time to enjoy the fruits of your labor outside of work.

Put simply, Midas is a name that can put you at the forefront of a robust and recession-resistant industry, with a suite of reliable and trusted services that will keep you the go-to source for expert automotive care in your community!

So what are you waiting for? Now might be your time to enjoy the perks of business ownership with a trusted industry name. Reach out to the Midas team today to learn more about our tire and auto service franchise opportunity!

1.            Zippia: How Many Cars Are in the U.S.?; Matthew Zane; Feb. 28, 2022

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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