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Maximize Full-Service Car Repair Franchise Potential With Us

January 8, 2024
Maximize Full-Service Car Repair Franchise Potential With Us

When car owners have trouble with their vehicles, they often opt for a full-service car repair facility over nearby alternatives for a myriad of compelling reasons. Firstly, the comprehensive nature of full-service repair shops provides a one-stop solution for nearly all automotive needs. From routine maintenance like oil changes and brake inspections to more involved processes like engine diagnostics and repairs, these shops can typically address various issues under one roof, saving car owners significant time and effort.

If you want to start a business in an industry with no shortage of customer demand, you should consider investing in an auto service franchise. Franchising with an established brand like Midas that has a demonstrated track record of delivering a variety of auto repairs can give you a valuable competitive advantage.

Midas has been providing well-rounded auto services to our loyal customer base for several decades. During this time, we have learned that drivers significantly value repair centers that can diagnose and address all of their car’s issues at one destination.

Some auto shops prefer to focus on specific parts of a vehicle, and while they can fix those parts efficiently, there could still be other problems that need addressing. Rather than traveling back and forth between different businesses, drivers most often prefer to simply visit one full-service car repair center - which is what has led many to choose their nearest Midas franchise

What Drivers Value From an Auto Service Franchise

Automotive repair businesses have benefited from car owners’ growing preference to spend money on fixing their current vehicles rather than buying new ones. In fact, a study conducted in 2023 showed that the average age of consumer vehicles on US roads is 12.5 years(1)- an average that hasn’t been this high since the Great Recession of 2008–2009. With more older cars continuing to remain on the road than ever, there is a greater likelihood that they will experience maintenance and incident-related issues. As a result, drivers are more frequently searching for an auto repair business to alleviate each car-related problem in one appointment. 

Versatility

Versatility is one of the foremost considerations for vehicle owners and a highly important distinction for a car repair franchise to make from its competition. Car owners appreciate the convenience of having all their automotive needs met in a single location.

Leading repair shops often offer additional services like tire rotations, wheel alignments, and even detailing, catering to the diverse needs of vehicle owners. This eliminates the hassle of coordinating multiple appointments at different facilities.

Superior Parts and Technical Knowledge

Of course, versatility will only get your auto services franchise so far, especially if your business is not fixing cars to your customers’ standards. Your shop’s success can be determined by whether quality parts are available and used for repairs, along with the technical knowledge of your staff.

Reputable full-service shops prioritize using manufacturer-approved parts, ensuring that the replacements are of high quality and compatible with the specific make and model of the vehicle that needs repair. This commitment to quality parts contributes to the longevity and optimal performance of the car.

Mechanics working at your shop should also be trained and certified to handle certain parts of cars, such as engines, tires, brakes, lights, and more. They should also have a level of familiarity working with many different makes and models of cars so they can fix each one appropriately.

Quality of Customer Service

Personalized service and transparent communication go a long way in just about any customer-facing industry, and auto repair is no different. Full-service auto centers can usually deliver more detailed reports on the overall health and status of a vehicle to its owner compared to a shop that focuses on just a few areas. Your shop’s customer reports should include:

  • What your repair process is addressing
  • Any newly diagnosed issues the owner was previously unaware of
  • The costs involved
  • The timeline for completing necessary repairs
  • Any other information the customer should know about their vehicle

Customer service should be a major focus of your training for shop mechanics and other employees. This makes it easier for your repair center to establish trusting relationships with customers, enhance their overall experiences at your facility, and encourage repeat business.

At Midas, we take pride in helping each franchisee earn customer loyalty. We can teach you your key responsibilities as a franchise owner, help you find and hire skilled mechanics and employees, and generate positive momentum so you can hit the ground running. Our support network is one of the largest in the automotive services industry, giving Midas franchisees a valuable advantage in establishing a full-service auto franchise that can earn the trust of drivers in your market.

Want to learn more about how we structure our franchise model to provide full-service car repairs to drivers? Contact the Midas team today, and we’ll share more details about our franchise opportunity!

1 Americans are keeping their cars longer amid sky-high prices, rising interest rates; CNBC, May 15, 2023

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Logo of Midas, an Auto Repair Franchise service company.
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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