Midas

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Entrepreneurs have no shortage of business ventures to choose from in today’s market. Many experienced investors would recommend starting a business in a recession-resistant industry, such as the auto service franchise industry. Auto maintenance is commonly regarded as a recession-resistant industry because reliable transportation is a critical need for so many people. (1)

What Makes Our Auto Service Franchise Recession-Resistant?

However, it's important to note that not all automotive businesses possess the same level of protection from tough economic conditions. Those investing in a business opportunity are offered a better chance of starting and remaining on solid ground when they become a franchisee with an established brand rather than operating on their own as a traditional, independent, small business model . Franchising with a well-known brand like Midas can give entrepreneurs a valuable boost in creating a recession-resistant venture.

Midas is a highly recognizable name in the automotive services industry and has been for more than 60 years. During this time, we’ve built a reputation for delivering the very best customer service for car owners in need of repairs to their vehicles.

The loyal following that we have gained has allowed us to open locations throughout North America with entrepreneurs searching for a recession-resistant franchise opportunity. Despite all the economic ups and downs over the years, a Midas auto service franchise has remained one of the best investments, regardless of industry. With the support they receive from the expert team at Midas, our franchisees can feel confident that they will get the help they need.

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Demand for Auto Repair Services

During an economic recession, consumers often face tough choices as they reprioritize their spending habits. This typically means that they will limit their out-of-pocket expenses to their most essential needs. While this can evoke trouble for some industries, auto repair businesses are usually more fortunate.

Most car owners rely on their vehicles not only for day-to-day errands but also for business, school or travel purposes, and, as a result, place a high value on ensuring their vehicles remain operational and safe to use. Automobiles frequently require maintenance and other service care on a regular basis to run optimally.

However, the problem that these consumers can often experience is that they do not have the background knowledge, tools, or other capabilities needed to fix their vehicles on their own. This is where car owners will instead look to an automotive services business owner for help – and Midas franchisees are regularly found at the top of their list.

The level of service provided at a Midas franchise is regarded as one of the best in the industry, pushing consumers to choose Midas for their auto repair needs. Our strong brand recognition, coupled with the high volume of vehicles in today's market that are in need of maintenance and repairs, make a Midas franchise as close to recession-resistant as one might find.

Excellent Franchisee Training and Support

Some brands might take their reputation for granted, but Midas is determined to strengthen one customer at a time. And because so many of those interactions take place daily at the franchisee-consumer level, we are greatly motivated to ensure that Midas franchise owners have everything they need to deliver the best possible customer service.

Before they celebrate their grand opening, each Midas franchisee must complete our comprehensive training program. The training consists of two parts where Midas franchisees are able to see for themselves how Midas provides industry-leading customer service before learning how to put everything into place at their own location.

Even after completing the initial training program and opening their new franchise location, franchisees can still count on the Midas team for additional franchise support wherever and whenever needed. A major reason why both our franchisees and overall brand have been able to succeed together for so long is because of our commitment to strengthening our locations as much as possible. Some examples of the support we provide to franchisees include:

Many components help fuel a recession-resistant opportunity. Just because a business operates in a strong and reliable industry, like automotive services, does not guarantee its success in tough economic conditions.

The team at Midas recognizes this and constantly works to strengthen our automotive service franchise opportunity to prove that we are the right choice to invest in – no matter what changes the economy goes through. After all, a business is unlikely to survive the previous six decades like the Midas system has if it’s not built to be recession-resistant.

Ready to join the Midas team and take advantage of this recession-resistant franchise opportunity for yourself? Contact us today to learn how to get started franchising in the automotive industry!

1.  Recession-Proof Businesses: Profitable Industries and Traits; LendingTree, November 10,2022

Today’s business world presents many different avenues for entrepreneurs to pursue when seeking an investment opportunity. For those looking to start a new business, choosing an automotive franchise could be the ideal fit. People are frequently in need of auto repair services, especially considering how the cost of purchasing new cars has recently reached an all-time high average price of $47,000 in the United States. (1)

However, starting an auto repair business by following a small business model is not necessarily the best way to go. Franchising can provide many more benefits, particularly if investors find the right automotive services brand to franchise with.

With so many options to choose from, it can be difficult for entrepreneurs to know which automotive franchise has the best potential to help them accomplish their goals. The Midas franchise opportunity comes with several important advantages that most other brands in the industry either don’t possess or remain far behind in substance.

We’ve developed our business over the past 60 years, giving our team valuable experience that we can leverage for our franchisees. With our help, Midas franchise owners can distinguish themselves in a crowded marketplace for automotive services and become the top choice for local members of their community.

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Name Recognition in the Auto Repair Business Industry

At Midas, our lengthy history of delivering top-quality service in the auto repair industry has made us a recognizable name to car owners everywhere. After all, it’s almost impossible for a brand to last six decades and counting without delivering the results that turn first-time customers into lifelong fans.

Midas franchisees benefit from the strong reputation we have built over the years. Midas is a big name with a proven track record in the automotive services industry, allowing entrepreneurs who operate under our brand to quickly earn people’s trust. We’re confident that each new franchisee will  have the support from Midas to meet the auto repair needs of their communities.

Automotive Franchise Market Share

Midas has been widely recognized as one of the top-performing brands within the auto repair industry for quite some time – and that continues to this day. This is evident from our status as the second-largest tire distributor in the United States , along with our high rank for oil changes and other vital car services.

Midas franchisees can build upon this thanks to our volume discount purchasing power on brand-name tires. Car owners will greatly appreciate this, as they know how critical a role tires play in their car’s performance. This is a simple way for Midas franchise owners to “get their foot in the door” as they earn the trust of those in need of their services.

Expert Franchise Training and Support

We know that the process of starting a new business on your own can be daunting, regardless of the industry an entrepreneur enters. That’s why Midas provides a strong training program by our team of dedicated automotive experts. New franchisees will receive everything they need to be fully prepared to run their new businesses with confidence!

Midas does not simply leave our franchisees on their own once they have opened for business. Our team maintains an open line of communication with each franchise owner to stay in touch and help overcome challenges that may arise. We also design stellar marketing materials and execute memorable campaigns on both a local and national scale that our franchisees can benefit from.

Access to National Fleet Accounts

Midas is one of the only automotive services brands that maintains a presence in 48 states. This has allowed us to develop a fleet program that supplements our franchisees’ businesses, boosting their bottom line. The success of our overall brand is tied closely with that of each Midas franchise owner – giving us more incentive to help them in their journey with us.

Midas franchisees can also take advantage of the high traffic we generate on our consumer website. Those who enter our website learn about our brand’s commitment to excellent customer service and how each Midas franchise owner fulfills that promise. This helps keep Midas at the top of car owners’ minds whenever they require auto repair services.

For many years, Midas has proven that we have everything it takes to build and run a strong automotive franchise. With auto repair services constantly in demand, we’re always looking to add motivated entrepreneurs to our team. Together, we are confident that the advantages of a Midas franchise will help each investor make the most of the opportunity that exists in this growing market.

Curious about what a Midas franchise investment looks like? Reach out to our team today, and we’ll discuss it together!

1 Average car price is at an all-time high; The Zebra, May 13, 2022

How would it feel to go into small business ownership with a team of industry experts to help you navigate the rewards and challenges of it all? Pretty great, right? Well, the good news is, when you join the Midas brand to open your very own auto franchise, you can count on our deep industry knowledge and expertise to guide you through your franchise ownership journey!

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From the onset, we’re here to help Midas franchisees make the most of our time-tested business model in ways that allow them to see real growth and enjoy all the perks that come with small business ownership (1). Let’s dive a little deeper into how we do that.

Our Auto Franchise Training and Support Makes the Difference!

Before Your Auto Franchise Doors Open

There’s a lot that the Midas franchise investment gets you, not the least of which is our highly recognized and respected brand name, as well as proprietary logos, trademarks, and other advantages. But we’re especially proud of the thorough pre-opening guidance and training our auto franchise provides to help our franchisees make the most of our recession-resistant industry.

It starts with…

Site selection guidance: our expert site selection help is available to you because we know how important the right location is to a small business. We’ll help you narrow down choices by using factors like demographics, traffic patterns, available parking, competition, and more. We’ll also provide you with standard building plans and signage specifications to make sure your new franchise is welcoming and easily seen.

And continues with…

Comprehensive initial training: our mission is to bring you up to speed on the processes and procedures you’ll use to run your Midas auto franchise smoothly. Through a combination of hands-on and virtual training, you’ll learn how to leverage important vendor relationships, manage inventory, market your franchise, hire qualified technicians, and much more.

Our pre-opening training means you can come to a Midas auto franchise opportunity with no prior industry experience. We know it’s vital that you start your franchise out on the right footing and we don’t leave that to chance!

After Your Franchise Doors Open

Once your franchise is up and running, we don’t leave you on your own. You can count on our ongoing support and valuable resources that include expert marketing efforts, continuous research and development, networking opportunities, and much more. We know the good Midas name depends on the success of our franchisees, so we’re with them for the life of their businesses.

We’ve worked hard over the course of six-plus decades to establish and nurture valuable relationships and resources that our franchisees can rely on to grow their bottom lines. These include:

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: how many employees should you hire? How do you get the word out about your business and all it has to offer? How and when do you set growth goals? 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 critical and frequent. With locations in 48 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.

All these important perks have tremendous value on their own, but taken together, they can mean what is perhaps the most important advantage of all — the time and freedom to focus on customer service and bottom-line growth!

Are you ready to take charge of your future and enjoy all the perks that come with a Midas auto franchise opportunity? If so, we’re here to help you get started, so reach out today!

  1. Investopedia; What is a Business Model; Carol M. Kopp; August 1, 2022

Savvy investors ask lots of questions, and Midas franchisees did just that before they became part of our brand family. We know how important it is to do your homework and compare investment opportunities before finally choosing one, and we’re only too happy to help our potential franchisees become as informed as possible! Here, we’ll take a look at some of the more common questions we get asked about a Midas oil change franchise opportunity.

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What Are Some Common Questions We Get About a Midas Oil Change Franchise Opportunity?

How Do I Become a Midas Oil Change Franchise Owner?

We want as many people as possible to be able to take advantage of a Midas franchise opportunity, so we make sure the process of joining our brand is straightforward and transparent. We’ll start with a brief phone call to get to know each other better and to find out how our goals and values align.

If we both feel like there’s a good fit, we’ll move on to the next steps, some of which include:

Reviewing Our FDD: you’ll receive a copy of our Franchise Disclosure Document (FDD), a very important document that goes over every aspect of your Midas investment, including our company background, management team, and a detailed breakdown of your investment, among other essential information.

Submitting Your Application and Deposit: we’ll ask you to fill out an application and other documents that provide us with information about you and authorize us to conduct a background check. You’ll also be asked to pay a $10,000 deposit which will be credited toward your $35,000 franchise fee should your application be approved.

Enjoy a Discover Day: during your Discovery Day, you’ll spend time at our corporate headquarters, where you’ll meet key executive team members and learn more about how to open an oil change franchise with us. You’ll get a better sense of our operations, and our culture and values, and have the chance to ask any last-minute questions and share more about yourself as you prepare to become part of our brand family of franchisees.

We pride ourselves in a franchise process that’s informative and exciting, one that will leave you appreciating the value of our investment.

What Does the Midas Oil Change Franchise Opportunity Cost?

What Does the Midas Oil Change Franchise Opportunity Cost?

Because we’ve been in business for over six decades and have helped hundreds of franchisees take advantage of a Midas opportunity, we have a very clear understanding of what a Midas investment looks like — and what it gets you!

Our FDD goes over the numbers in detail, but new franchisees can expect to pay a $35K initial franchise fee, have $40K to $60K in reserves, and spend anywhere from $199K to $740K as an initial investment. Our investment includes just about everything you’ll need to get your oil change franchise up and running, so you won’t have to worry nearly as much about unforeseen expenses — freeing you up to focus on growth!

What Does the Auto Repair Industry Look Like?

What Does the Auto Repair Industry Look Like?

When it comes to making an investment in small business ownership, you’d like to believe you’re doing so in an industry that can not only support you but also help you grow your bottom line.

The auto repair industry can do just that, and more! It’s a recession-resistant industry that more and more people turn to every year, as a result of more vehicles on the road in North America than ever before! 1 Your Midas oil change franchise can be there to service and repair the vehicles in your community, too.

We know investing in a franchise brand is a big step, one that requires some deliberate thought and some careful research. We also know that the most successful Midas franchisees came to our opportunity knowing the value of their investment and all it continues to get them, as they take advantage of our time-tested business model and unwavering support. You can look forward to the same, too!

So, what are you waiting for? To find out more about a Midas oil change franchise opportunity, get in touch today!

1.                 Zippia; How Many Cars in the US?; Matthew Zane; January 30, 2023

auto repair franchise investment - Repair man making car service

If you’re ready to make 2023 the year you go into business for yourself, a Midas auto repair franchise investment is something to give serious consideration. We’re industry leaders with a time-tested business model that’s been refined over six decades that allows franchisees to take advantage of a recession-resistant market. Keep reading to find out why now is the right time to become part of the Midas brand family.

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You’ll Become Part of a Recession-Resistant Industry

All economies are subject to outside influences that affect them, for good and bad. So as an investor, you’d like to think you’re part of an industry that is less vulnerable to economic downturns. The good news is a Midas franchise investment will position you as a leader in a recession-resistant industry, one our time-tested business model takes full advantage of!

What makes our industry so resilient? Well, think about it: Americans love their cars and have since the Model T was first introduced back in 1908! More than that, they need their vehicles to get to places — to work, to stores, to vacation destinations, and more. In short, our cars are very much a part of our lives, and most of us can’t be without them, no matter what the economy is doing. Having said that, over the last 20 years, the cost of both new and used cars has steadily risen. (1) In 2000, the average price of a new car was $21,850; in 2020, that price jumped to $38,723. The average cost of used cars, too, has increased by 17% between 2020 and 2021. (1)

Given these numbers, is it any wonder people are keeping their cars for as long as possible? The average driver now holds on to their car for just over 12 years, and that has meant real growth for the auto repair industry. (2) It also means your Midas auto repair franchise investment will be a smart one because older cars need more upkeep and attention, and your Midas suite of services will be there for that! We know how important it is for drivers to feel like they have access to reliable transportation, and they count on the Midas touch to keep their cars in top shape!

You’ll Become Part of a Trusted Brand Family

Americans Trust the Midas Touch® and have been doing so for over six decades. With over 2,000 Midas branded locations around the world, we’re truly a global brand that communities depend on to help keep cars safe, efficient, and fun to drive. Our reputation for excellence precedes us, which means, as a Midas franchisee, you won’t have to spend nearly as much time establishing your reputation — that’s already been done! When you don’t have to spend nearly as much energy on building your reputation, it leaves you with more time for what really matters — taking care of your customers and growing your business.

You’ll Be in the Auto Repair Business for Yourself, Never by Yourself

Starting any small business by yourself can feel like a daunting, and at times, overwhelming process, especially if you’re new to an industry. The good news is, the Midas franchise investment comes with expert pre-opening training and ongoing support, so you can always feel prepared to meet the demands and enjoy the rewards of business ownership.

Our expert franchise team will be by your side from day one, with a training program that will teach you:

You’ll also have the advantage of our robust supply chain network and over 100 distribution centers across North America that will keep you stocked up on everything you need to meet the automotive needs of your community and keep you the go-to source for expert automotive care and repair.

We’re exceptionally proud of everything a Midas franchise opportunity comes with — from regular in-house marketing to continued research and development to proprietary technology and more! Ours is an investment opportunity without peer, so why not take advantage of it this year to start enjoying all the benefits of small business ownership without feeling like you’re going it alone?

To learn more about investing in a Midas auto repair franchise investment and all the franchise support that comes with it, reach out to our team today!

1. Zippia: 36 Important U.S. Automotive Industry Statistics (2023): Facts, Trends, and Projections; Sky Ariella; Oct. 25, 2022

2. Auto Care Factbook; Auto Care Association, 2021

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.

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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:

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

Pouring motor oil for motor vehicles from a gray bottle into the engine, , oil change, auto repair shop, service,

If you’re ready to become your own boss and join a recession-resistant industry, a Midas oil change franchise opportunity is something to seriously consider. We’ve been helping Americans take good care of their cars for over sixty years, and as part of the TBC Corporation, one of North America’s largest marketers of automotive replacement tires, we’ve established ourselves as a leader in our industry, a respected name that consumers trust and that allows our franchisees to hit the ground running!

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Keep reading to find out more about why oil change franchising with Midas is a smart career move.

Our Franchise Oil Change Franchise Opportunity Is Recession-Resistant

Keeping a car roadworthy and fun to drive requires that they see regular and professional care, especially as more and more Americans are holding on to their cars longer. Your Midas franchise will be able to help them do just that with a suite of services that includes:

·      Brake repair

·      Oil and fluid changes

·      Suspension systems repair

·      Tire replacement

·      Wheel alignment

·      And much more!

People need their cars to operate safely and efficiently, despite (or perhaps because of) whatever challenges the economy may be facing. That makes ours a recession-resistant(1) franchise opportunity that the time-tested Midas business model takes full advantage of!

We’re an Industry Leader

Trust the Midas Touch®. It’s more than a tagline — it’s what Americans have been doing for over six decades. Our franchisees know their communities depend on them to help keep cars safe and efficient to drive, and thanks to our parent company, Midas owners have access to an unparalleled distribution and supply chain network that helps them grow. Each franchisee is part of a global brand that is used at over 2,000 locations  in countries around the world. .

Expert Marketing to Help Support Your Auto Repair Franchise

We know how important it is to let communities know about their local Midas locations, so we dedicate considerable resources to crafting regular national advertising campaigns that get the word out. Our award-winning, multi-channel marketing keeps the Midas name front and center, and our cache of marketing templates will allow you to craft hyperlocal strategies of your own to reach your best customers. We know the Midas brand is only as successful as each and every one of our franchisees, and we’re there for them every step of the way!

To find out more about franchising with Midas to take advantage of our auto service opportunity, get in touch with one of our franchise experts today!

  1. Investopedia; Recession Proof, June 26, 2022

GettyImages 1345648039

Over the years, Midas has helped hundreds of franchisees from all walks of life become part of our robust and recession-resistant industry, and we’re especially proud of the fact that many of them have been veterans. If you’re an honorably discharged veteran looking for an auto repair franchise for sale as your way of integrating back into civilian life, a Midas franchise is the way to go!

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Our opportunity comes with built-in perks, like brand recognition and expert marketing help, that’ll make it easier for you to establish your automotive repair business. Here, we’ll look at a few reasons why veterans choose Midas as their brand to partner with.

Veterans Value Freedom

Veterans join the service for many important reasons, and one of them is that they value freedom. Veterans have an affinity for what it means—they know how important it is to the quality of life, and many veterans find that a Midas auto repair franchise allows them to enjoy freedom in ways that other careers would not. Midas franchisees are not stuck behind a desk and, much like being in the service industry, enjoy a different set of challenges every day, with the strength of our ongoing support behind them. We value freedom, too, and our franchisees know it.

Veterans Know About Service

Of course, the first thing most people think of when our service members in uniform come to mind is service — and many veterans gravitate to our auto repair franchise because of our own emphasis on that word. Midas is proud to be there for people in communities across the country, helping to keep their cars safe and fun to drive. Veterans know first-hand what service feels like and are excited to keep doing so in their civilian careers. A Midas franchise opportunity lets them do just that.

Veterans Are Leaders

Many of our franchisees spent years in the service and rose to positions of leadership. The buck stopped with them, and they’ve known the responsibilities that come with that. Their background makes them perfect candidates for Midas franchise ownership. Our auto service franchisees make decisions every day, act as role models for their employees, and interact with the public in a knowledgeable and professional way. Veterans know the importance of all this and apply their leadership skills to the daily operations of their Midas franchise.

And as comfortable as they are with leading, they also know when and how to follow. Veterans know the value of instruction, and our time-tested business model acts as just that, laying the groundwork for success and taking a lot of the trial and error out of doing business. Veterans appreciate the systems we’ve put in place to help them.

Thank You For Your Service

We’re proud to offer a 50% reduction in our franchise fee to qualified veterans (and first responders), making it easier for these brave individuals to take advantage of our opportunities to become business owners. It’s just our way of letting them know we appreciate their hard work and service, and we look forward to bringing them into the Midas family!

Ready to find out more about a Midas auto repair franchise for sale? Reach out, and let’s get the conversation going!

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!

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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

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 you with expert ongoing support — but a lot of your success will depend on a few characteristics that we like to see in potential franchisees. Here, we’ll look at a few of them.

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You’re Community-Minded

One thing we’re most proud of at Midas is the trust that’s placed in us by all the communities we serve. We’ve been helping drivers take good care of their cars for over six decades, and we haven’t built that track record by accident; our focus on customer service and quality assurance has meant a real difference not just to our clientele but to our franchisees as well. It’s positioned them to become trusted leaders in their business communities and in the automotive repair industry. They look forward to being there for their customers, and if that’s a role you look forward to also, a Midas opportunity might be your next best move.

You’re Friendly

As a Midas franchisee, your customers will be at the heart of everything you do. You’ll work with lots of them every month, answering their questions, listening to concerns, and working hard to become their trusted source for affordable and reliable automotive care. Are you ready to be that resource, that business owner, that person? It’s pretty safe to say that most people who start a Midas franchise enjoy being around people and are proud of the relationships they’ve developed with their customers. You should be, too.

You’re Ready to Learn About the Auto Repair Industry

Depending on your experience, when you become part of the Midas brand family to start your business, you’ll probably be encountering some things for the very first time. Maybe this will be the first time you’ve been your own boss. Perhaps you’ve never owned a franchise before. Maybe you’ve never worked in the auto repair industry. The wonderful thing about new experiences is that they are generally opportunities for growth, either personally, professionally, or both. Many of our franchisees welcome these opportunities and look at obstacles or challenges as a path toward a better understanding of not just our industry but of themselves. When you start a Midas franchise, be prepared to learn new skills, take on new responsibilities, and meet new people. Be prepared to grow!

You’re a Hands-On Business Owner

Some of the most successful Midas franchisees are the ones who are the most involved in all aspects of their auto repair business — from hiring trusted employees to engaging with vendors to marketing their franchise to reach their best customers — all with plenty of our corporate support, of course! Small businesses, whether a franchise or independently owned, don’t run themselves. They need owners who are invested in them, both personally and financially, in order for them to grow. While it’s true that some of our franchisees are less involved because they’ve put trusted management teams in place, most of our franchisees oversee the day-to-day operations of their garages and like it that way. It’s why they went into business for themselves in the first place — to be connected to it and to the community it serves.

The Midas brand is a leader in the automotive service and repair industry and has been for generations. To find out more, reach out today!

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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