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

October 17, 2022
car repair franchise
tire repairer checking the tire integrity

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 did you know there’s a better way? A Midas car repair franchise can put you in business for yourself but not by yourself. Keep reading to find out why a Midas partnership is a smart move for anyone who wants to be their own boss with plenty of support!

An Auto Repair Industry Franchise with Less Guesswork

The Midas car mechanic franchise opportunity features a time-tested model that takes much of the trial and error out of running your franchise. All franchise brands have developed business models that are meant to help franchisees navigate their industries more efficiently and successfully. But it’s important to remember that not all models are created equal. The exceptional ones, like the Midas model, factor in just about everything you’ll need to know to run the day-to-day operations of your business. It’ll take much of the guesswork out of things and can help to keep you on a course toward establishing your business. This kind of resource is simply not available when you start a small business on your own.

Lots of Preparation and Guidance for Your New Business

Partnering with a franchise brand like Midas to become an auto repair franchisee comes with lots of benefits, and one of the most important is our comprehensive training and support. You can count on it to prepare you for the demands of our industry as you establish your franchise and offer a suite of services that keeps drivers safe and happy. Our franchise experts make sure your training and support is thorough, beginning from the moment you sign your franchise agreement. After the ink has dried, we’ll help you find a location for your new franchise, train you in everything you’ll need to know to operate it, and keep you on the cutting edge of our industry. We know the continued success of the Midas name depends on that of our franchisees, and we don’t leave that to chance!

A Brand Communities Know and Trust

The Midas brand has been helping drivers stay on the road safely for over 60 years, and we’ve worked hard to establish ourselves as a recognized and respected brand that’s trusted to be the go-to source for expert auto care. We’re always working on getting our name out there with national marketing campaigns that will benefit you directly. Additionally, because our name is such a recognized one, your local marketing dollar will go further — it’ll be quicker and easier to reach your best customers. That means you’ll need less time to establish yourself in your market and will have more time to pay attention to what matters — customer service and excellence!

Are you ready to sit in the driver’s seat with a Midas automotive repair franchise? We’re here to answer your questions about our industry and what it takes to become a franchisee with us so let’s get the conversation going!

Midas International, LLC

4300 TBC Way

Palm Beach Gardens, Florida 33410

New York:  This advertisement is not an offering. An offering can only be made by prospectus filed first with the Department of Law of the State of New York. Such filing does not constitute approval by the Department of Law.

Minnesota File No. F-9020

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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