Why Take Advantage of a Midas Oil Change Franchise Opportunity?

December 12, 2022
Oil Change Franchise
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!

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. Contact our franchise experts today!

  1. Investopedia; Recession Proof, June 26, 2022

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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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