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Midas Auto Repair Franchise Opportunities Can Put You in the Middle of a Robust Industry!

September 13, 2022

If you’re ready to become your own boss in the auto industry, there are two ways you can achieve that goal: you can strike out on your own and start your business from scratch, assuming all the responsibilities yourself, or you can take advantage of one of our Midas auto repair franchise opportunities and enjoy the many perks that come with it. Ours is a thriving industry, one that becomes increasingly more essential, as drivers keep their cars longer and automobiles become increasingly more sophisticated. Your Midas franchise can quickly become your community’s go-to source for expert and trusted service and repairs, and with our expert training and ongoing support, you’ll always be prepared for growth!

Join the Essential Auto Repair Industry

Americans love their vehicles, and more than that, they need them to operate safely, reliably, and efficiently. This is especially true given that drivers are keeping their cars on the road longer than ever, an average of just over 12 years(1). In fact, a recent analysis found that new vehicle sales are on the decline, thanks to supply chain shortages and climbing interest rates(2). Older cars require more upkeep and care, and with a growing number of them on the road, your Midas franchise will be there for them, with a suite of services that include:

  • brake and steering repair
  • scheduled maintenance
  • new tires
  • oil changes
  • exhaust repair
  • suspension systems repair
  • wheel alignment

With over 286 million registered vehicles on US roads today, the American auto industry is massive, with the auto manufacturing industry having a market value of over $82B and a compound annual growth rate of over 7% (3), all of which makes now an exceptional time to take advantage of a Midas auto repair franchise opportunity!

The Midas Franchise Touch

The Midas brand has been taking good care of drivers and their cars for more than 60 years, and today, with over 1,900 locations globally, we are the full-service auto care name people trust. 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 just that — safe, reliable, and enjoyable to drive!

Our franchisees also know they can count on us to keep them ahead of the competition, with access to a robust supply chain network and over 100 distribution centers across North America. Our elite brand name recognition means that as a new Midas franchisee, you won’t have to work nearly as hard to establish yourself — we’ve already done that for you — and our expert local and national marketing efforts will keep you in front of your best customer at all times. These are just some of the perks that come with our franchise opportunities, making a Midas auto repair business investment something to seriously consider.

Midas is a leader in the auto industry, and we’re ready to answer your questions about it and our franchise opportunity — so get in touch today!

  • Auto Care Factbook, published by Auto Care Association, 2021
  • Autoweek: Still a Sellers’ Market, Even as New Vehicle Sales Fall in the First Half of ’22, July 4, 2022
  • Zippia: 36 Important US Automotive Industry Statistic [2022]: Facts, Trends, and Projections

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 soes 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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