Midas Offers Business Ownership Opportunities for Veterans

October 23, 2023
Our Automotive Franchise for Veterans and First Responders

Midas takes great pride in offering former military members and first responders a fantastic veteran business opportunity. We understand many who have served our country are eager to find the right career to help with their transition back to civilian life. An automotive business opportunity like ours could be the perfect fit, thanks to the structure of our franchise model!

Our Midas franchise presents a great investment for veterans for various reasons, namely:

Our Initial Franchise Fee is Waived

Qualified veterans and first responders can have their $35,000 Midas franchise fee waived. We do this to show our appreciation for their sacrifice and service over the years. We also offer this discount to make your transition to civilian life more manageable. Over the years, many veterans and first responders have leveraged the Midas franchise investment discount to start a promising business in the auto repair industry with positive momentum.

If you’re a military veteran in search of an auto repair business for sale, you deserve to invest in one that makes you a priority. The Midas franchise opportunity has done exactly that for plenty of veterans before. Together, we can make your new civilian career a rewarding one for yourself, your staff, and the local communities you service.

Strong Rating from VetFran

Midas is proud to have earned a 5 star rating from VetFran, the leading organization for veterans searching for franchise opportunities. VetFran gathers special veterans opportunities with franchising brands from every industry so former military members can choose one that best fits their passions and skills. Midas has earned a 5 star rating on VetFran thanks to our special franchise fee discount for veterans and the training we provide to help them with their transition into a civilian career. 

Our Reputation Precedes Us

The Midas brand has earned our reputation for providing trustworthy and versatile repair work over our years in the automotive business. Drivers know they can count on their local Midas shop to deliver the services that will resolve just about any repair issue their vehicle presents. This saves them from making frequent trips to multiple auto shops.

Customers Rely on Us

Local car owners rely on our franchisees to provide them with the impeccable services Midas is known for. As a new franchisee, you will have plenty of experience meeting your customers’ needs. The Midas team has the expertise and knowledge to set you up in your auto repair franchise with all the necessary tools and training to make your shop the preferred option for drivers in and around your area. Together, we can create a business that fills a vital need for your community – all while fulfilling a sense of purpose in the work you'll be doing.

Our Auto Business Opportunity Allows Veterans to Engage Their Skills

At Midas, our veteran business ownership program aligns with the image our brand has maintained since we first opened over 60 years ago. Our locations provide a versatile set of skilled auto repairs that most car owners can’t easily find elsewhere. Military members are used to developing their skills and using them to better the communities that they are part of. Relative to franchise ownership, Midas recognizes certain valuable skills that veterans typically possess that can take them to the next level in their civilian careers, namely:

Leadership

Military training and experience have been known to positively impact the leadership qualities of service members. Now that you are returning to the civilian population, you can lead a new, skilled, and motivated team.

Problem-Solving

Our focus on customer attention matches the desire of most military members to solve “the problem at hand.” As part of our commitment to offering the best in customer service, our franchisees and staff members are expertly trained to ensure our customers are met with courtesy and offered a reasonable and knowledgeable solution to their issues.

Versatility

Military members and first responders are often equipped with the ability to adapt at a moment’s notice. As vehicle technology continues to update, this is something that can help your auto shop stay ahead of the competition.

The Midas team is also full of industry experts with years of experience. We have kept pace with the ever-changing needs of car owners and can help you do the same. Franchising with us will help you become a trusted “one-stop auto shop” for vehicles in need of repairs.

Communication

How you communicate with others plays a vital role in your chances of success, no matter the setting. Veterans often experience this firsthand and will want to ensure their business venture as a civilian can maintain a sufficient level.

At Midas, our automotive franchise communicates regularly with franchisees to ensure they receive support as needed. The performance of individual Midas locations impacts our overall strength as a brand – motivating us to make you a priority. Also, we can assist in how you communicate with local drivers through our local marketing support. Your insight is valuable for customer outreach, as we recognize that you will know what customers in your area prefer from automotive service centers.

Are you a former military member or first responder looking for the right civilian business opportunity? Contact the Midas team today to learn how, together, we can make a difference in your community!

1 7 Reasons Why Veterans Make Great Franchise Owners; Franchise.com, November 8, 2019

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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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