Choose Our Automotive Franchise Opportunities in Florida

October 8, 2023
Choose Our Automotive Franchise Opportunities in Florida

Florida is rich in industries that have helped the state earn its reputation for being a great place to open a business. The state boasts a growing population, with a number of skilled workers eager to find a job and call Florida their home. When it comes to automotive franchise opportunities in Florida, the Midas team has you covered.

The Midas brand has consistently demonstrated its value over the course of six decades in the auto repair industry. As such, those who invest in a Midas franchise can take advantage of a business model with a proven track record of success.

Our franchise opportunity offers expert training and support to give franchisees the ability to offer the extensive services Midas is known for, as well as the tools and resources to operate a successful automotive repair shop. Even franchisees who join our team without much prior experience in auto care services will learn they feel comfortably prepared to lead their Midas location(s), thanks to our ongoing support. The dedication and preparedness of our franchisees have allowed us to grow as a brand family in the automotive franchise industry and push into new territories. 

We’re looking to continue the Midas brand’s expansion with automotive franchise opportunities in Florida. The state utilizes favorable tax policies and regulatory support to encourage entrepreneurship (1). This business-friendly environment facilitates efficient business operations and allows you to maximize the potential returns from your franchise.

The Best Florida Markets for a Midas Automotive Industry Franchise

Our market research has identified several metro areas that would eagerly welcome a new Midas franchise. The Midas team is confident that our franchising process will fully prepare new owners to succeed in the following Florida markets:

Automotive Franchise Opportunities in Miami

Miami is the largest city in the state and, as could be expected, has earned a reputation as a hub of culture and business. Most residents of the South Beach area choose to navigate the hustle and bustle of Miami via their own cars. With the amount of significant traffic Miami drivers are faced with, they frequently have to visit a nearby auto repair center.

Cars are a notable part of Miami culture, and in an area that attracts high-earning individuals, these aspects suggest residents will prefer top-quality automotive services. The sheer volume of opportunity that exists in the Miami metro area is particularly encouraging for those who wish to pursue multi-unit opportunities with a leading brand like Midas.

Automotive Franchise Opportunities in Daytona Beach

Daytona Beach, a renowned tourist destination particularly famous for special attractions like the Daytona 500, is a highly favorable market for starting a business. The area has a unique blend of economic, geographical, and lifestyle factors that can contribute to entrepreneurial success.

With a pleasant climate, beautiful natural surroundings, and cultural attractions, Daytona Beach offers a desirable lifestyle that can motivate people to explore the area and make it their home. This consistent influx of tourists and residents driving into town provides an opportunity for your Midas franchise to capitalize on drivers who experience vehicle issues during their time in Daytona Beach.

Automotive Franchise Opportunities in Orlando

Orlando is another major metro area in Florida that brings together a vibrant tourism scene with a steadily growing local population. This often means that there is significant vehicle traffic throughout the city. These cars will inevitably require regular maintenance and repairs, creating a consistent demand for Midas auto repair services.

Orlando's central position within Florida and its extensive road network, including major highways like Interstate 4, position it as a strategic transportation hub. Many cars traveling up, down, and across the state will pass through the area and require an auto franchise they can rely on to provide efficient service.

Automotive Franchise Opportunities in Jacksonville

Jacksonville is Florida's most populous city, with the area continuing to show major signs of growth. This presents a broader base of local residents who can count on our stellar reputation for customer service.

Jacksonville's economy is multifaceted, with strengths in a wide range of sectors. Many employees rely heavily on their personal vehicles for daily commuting, creating a consistent demand for repair and maintenance services from a local Midas franchise.

Florida has a number of promising markets across the state, particularly for our franchise business model. Combining our years of industry experience and in-depth knowledge with your investment can help make your new Midas franchise the preferred destination for drivers throughout Florida. We’re confident you will have everything you need to make this a reality, especially with the significant customer demand and potential loyalty available in many Florida markets.

Interested in building a new automotive services franchise in Florida? Contact us today, and we will discuss our shared vision for a Midas franchise in the market that best fits your goals!

1 Why Florida?; Enterprise Florida; 2023

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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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