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Texas Auto Repair: Driver Need for Services Remains High

November 20, 2023
Texas Auto Repair: Driver Need for Services Remains High

The Texas auto repair market is full of potential for entrepreneurs ready to invest in the right business venture. Residents and visitors to The Lone Star State often prefer to travel by car, with several major highways connecting the various cities and towns of Texas and many of the most-traveled routes running through the Dallas-Fort Worth metro area.

At Midas, we are pursuing franchise opportunities in Dallas to capitalize on the strong demand for our automotive services. The Dallas-Fort area is sprawling and, according to Rice University research, has been recognized as the sixth worst metro to live vehicle-free (1). In fact, according to Dallas District Statistics, nearly 4.2 million cars were registered in Dallas and neighboring counties in fiscal year 2022 (2). With such a significant number of drivers owning or leasing vehicles, this number suggests a high demand for vehicle repair and maintenance services. Midas franchisees can provide great value in the repair and maintenance efforts that car owners frequently require.

Why Pursue Midas Franchise Opportunities in Dallas?

If you are considering opening an auto repair service franchise, the Dallas-Fort Worth area is a great market to consider. The city has a number of favorable aspects that can help a new auto repair center grow, particularly if you can earn the loyalty of local drivers.

Growing Population

Dallas-Fort Worth is a great market to open an auto repair services franchise because of its sizable and growing population. According to the U.S. Census Bureau, the Dallas-Fort Worth metro area has a population of over 7.6 million people, making it the fourth-largest metropolitan area in the United States. The population is expected to increase by over 20 percent in the next decade, providing a steady stream of potential customers, considering how many residents rely on personal vehicles for leisure and business travel.

Major Transportation Hub

The city is home to Dallas-Fort Worth (DFW) International Airport, one of the busiest airports in the world. Dallas is also a major center for trucking and freight transportation. According to a study by CoPilot, a car shopping app, those driving in the Dallas-Fort Worth area spend much more time in their cars than the average American (3). This usually means more incidents and miles on the vehicles – meaning these cars need automotive maintenance and repair.

Affluent Status

The median household income in Dallas is over $60,000 per year. The metro area’s residents have the disposable income to spend on vehicles and necessary maintenance services. Many car lovers also live in the area, as the average adult near Dallas-Fort Worth owns more than one car. With so many vehicles requiring our services, a Midas franchise could quickly build a client base of drivers who make frequent visits.

Favorable Business and Living Environment

The Dallas-Fort Worth area has a relatively low cost of living and tax burden compared to other metros of similar geography and population size. Texas has implemented several programs and incentives to help businesses grow and succeed. Dallas-Fort Worth is also home to 47 Fortune 1000 companies, with many headquartered in the city, which convinces many professionals to move to and call Dallas-Fort Worth their home.

Dallas' melting pot of cultures and mostly year-round warm climate offers area residents an array of opportunities to participate in vibrant and diverse cultural events throughout the year, alluring many to drive across the metro to enjoy all Dallas has to offer. This draw also makes Dallas-Fort Worth a great destination for tourists and families living in the surrounding suburbs.

Texas auto repair can be a lucrative market for entrepreneurs who franchise with an established brand like Midas. Our versatile automotive services are in high demand with car owners in the Dallas-Fort Worth area.

Contact us to learn more about the potential that a Midas franchise in the Dallas-Fort Worth area can offer to someone like you!

1 Dallas-Fort Worth area named as worst large metro Texas city to live car-free; Rice University Kinder Institute for Urban Research, Oct 15, 2019

2 Registered Vehicles (Dallas and surrounding counties); Dallas District Statistics, (FY 2022)

3 Every Year, DFW Commuters Spend More Time in Rush Hour Traffic Than Average Americans; Dallas Observer, Jan 23, 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.

Midas Franchise F500 Badge 2023 Ranked 300, showcasing excellence in auto repair shop franchise opportunities.
Midas Franchise F500 Badge 2023 Ranked 1 in Category 300, leading in automotive repair franchise opportunities.
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Midas Franchise F500 Badge 2022 Top Franchise for Veterans, showcasing automotive repair franchise opportunities.
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Midas Franchise ranked in Franchise Times Top 500, a prestigious list, symbolizing excellence in auto repair franchise industry.
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