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The Midas Brand Automotive Franchise Cost

The Midas brand automotive franchise cost is a comprehensive one and covers just about everything you'll need to get your new franchise up and running.

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The midas automotive franchise cost and what it gets you

Becoming part of a franchise brand like Midas is a great way to do business because so much of the details have already been worked out, including what it takes financially to open your doors. Starting any small business means an investment in time, resources, and money, and a Midas franchise is no different. The good news is because we’ve already helped so many franchisees set up their locations, we have a very good idea about our automotive franchise cost, so you likely won’t be surprised by any unexpected expenses.
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Here are some automotive repair franchise numbers to consider...

Your numbers will vary depending on the size and location of your franchise and whether you’re establishing it from the ground up or converting an existing automotive repair services business. For a complete breakdown of our auto care industry investment, request a copy of our Franchise Disclosure Document.
$35k
Initial Franchise Fee
$25k
Grand Opening Advertising
$52K - $270K
Tools and Equipment
$10K-$13K
Computer, Hardware, and Telephone System
$25K - $100K
Initial Supplies
and Inventory
$10K - $30K
Furnishings
$40K-$65K
Three Months Additional Funds
$199K - $740K
Total Initial Investment
Your numbers will vary depending on the size and location of your franchise and whether you’re establishing it from the ground up or converting an existing automotive repair services business. For a complete breakdown of our auto care industry investment, request a copy of our Franchise Disclosure Document.
quote

You know, you put up a midas sign and boom! you've got customers. it's pretty amazing.

- Kent Childs, Midas Franchisee

Our Oil Change
Franchise Cost
Comes With Plenty 
Of Benefits!

When you invest in your very own Midas franchise, you’ll get immediate access to benefits that wouldn’t otherwise be available to you. Some of these important perks include:

· A time-tested business model that takes a lot of the guesswork out of running your franchise
· A trusted brand name with an unmatched reputation for excellence
· Comprehensive pre-opening training and ongoing corporate support
· Expert marketing that will help you get the word out about your new business
· Deep vendor relationships that will keep you the go-to source for automotive care
· Multiple revenue streams that are recession-resistant
· And so much more!
lady portrait

Our Oil Change Franchise Cost Comes With Plenty Of Benefits!

When you invest in your very own Midas franchise, you’ll get immediate access to benefits that wouldn’t otherwise be available to you. Some of these important perks include:

· A proven business model that takes a lot of the guesswork out of running your franchise
· A trusted brand name with an unmatched reputation for excellence
· Comprehensive pre-opening training and ongoing corporate support
· Expert marketing that will help you get the word out about your new business
· Deep vendor relationships that will keep you the go-to source for automotive care
· Multiple revenue streams that are recession-resistant
· And so much more!

So, what are you waiting for?

Now is the perfect time to partner with an elite brand that has set the bar for customer service in the automotive repair industry. Your Midas franchise is waiting for you! For more information about our expert automotive repair business and how to make the most of our automotive franchise cost, get in touch today.
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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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