There’s never been a better time to leverage the Midas franchise business model to take advantage of a robust automotive repair industry. Today’s car owners are keeping their vehicles on the road longer than ever — over 12 years on average* — thanks in part to better designs and more sophisticated systems. But these improvements also mean owners are increasingly relying on the expertise and professionalism of the Midas team to keep their cars, trucks, and SUVs operating at their best.
With an estimated 288.3 million vehicles on US roads today*, a Midas auto repair franchise opportunity is more valuable than ever. As a Midas franchisee, you’ll have the freedom to operate independently, but with an experienced industry team behind you, giving you outstanding support, providing deep resources, and offering training that’ll help you excel as a business owner. Best of all, you’ll enjoy multiple revenue streams — scheduled maintenance, brake repair, tire replacement, oil changes, and much more — that’ll position you as a leader in our recession-resistant industry.
No experience in the auto repair industry? No problem! Our comprehensive pre-opening training, coupled with our ongoing support , mean that just about anyone can take advantage of a Midas automotive franchise opportunity, regardless of their background. Before your franchise doors open, you’ll spend time at our corporate headquarters, where we’ll go over:
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.
