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The Midas Oil Change Franchise Opportunity Is Recession-Resistant!

Choosing the right industry to go into as a franchisee is an important decision, one that will determine how quickly you see growth and how well you’ll handle the challenges of business ownership. A Midas oil change franchise opportunity takes advantage of the recession-resistant auto service industry, one that serves millions of consumers every year and that shows no signs of slowing down!

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Just take a look at these numbers 1

gas
$0B

2021 value of the US
automotive service market

wheel
$0B
Expected value by 2027
engine
0%
CAGR during 2022-2027
Oil Change Franchise Opportunity - more used car

More Used Cars on the Road Than Ever Before

These days, more Americans than ever are driving used cars, either as a result of holding on to their new-bought cars for longer periods or buying used vehicles outright. Keeping a car on the road longer, or buying a used car over a brand new one, makes a lot of economic sense — so much so that by 2030, the global used car market is expected to be worth in excess of $2,000B (2).

The explosive used car market creates numerous franchise opportunities for key players in the automotive service market — like Midas franchisees!

As more drivers make longer commitments to their cars, they understand the value of regular and professional maintenance and repairs. Your Midas oil change franchise will be there for them.

Oil Change Franchise Opportunity - oil image
$10k-$35k
Initial Franchise Fee
$20k-$25k
Grand Opening Advertising
$52k-$220k
Tools and Equipment
$10K-$13K
Technology
$25k-$50k
Initial Supplies
and Inventory
$13K
Furnishings
$40K-$65K
Three Months' Reserves
$21K-$59K
Total Initial Investment
Oil Change Franchise Opportunity - access accounts

Unmatched Access to National Fleet Accounts

Midas is a name consumers and businesses have trusted for over six decades, and with locations in all 50 states, we’ve developed a fleet program that can boost your bottom line!

Commercial vehicles are the lifeblood of countless industries, and because they see so much use, their scheduled upkeep is more important and more frequent. Engine oils, brake and transmission fluids, air filters, brake pads, and more are consumed faster in commercial vehicles — and your Midas franchise will be there to replace, repair, and maintain!

A Suite of Essential Services

Whether you’re servicing a consumer or commercial vehicle, as part of the Midas oil change franchise cost, your franchise will be able to provide drivers with an important suite of products and services, including.

Oil Change Franchise Opportunity - brake repair

Expert Brake Repair

Oil Change Franchise Opportunity - scheduled maintenance

Scheduled Car Maintenance

Oil Change Franchise Opportunity - exhaust repair

Exhaust Repair

oil change franchise

Oil Changes

steering alignment

Steering Repair

suspension system repair

Suspension Systems Repair

Midas Automotive Franchise Car Repair Services

Wheel Alignment

much more

And much more!

No matter how the economy is doing, people require their automobiles on a daily basis so that they can fulfill their myriad of tasks. And because a larger percentage of them drive older vehicles, they are aware of how critical it is to keep up with routine upkeep and maintenance for their vehicles. Your community will have access to a "gateway service" thanks to the quick and professional oil changes provided by your Midas quick oil change franchise. These oil changes will introduce new customers to your franchise and all it has to offer, thereby increasing the likelihood of customer loyalty and repeat business for you.

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1 Mordor Intelligence; US Automotive Service Market - Growth, Trends, Covid-19 Impact and Forecast (2022 - 2027)

2 Precedence Research; ​​Used Car Market Size to be Worth Around US$ 2,120.5 Bn by 2027; Sept. 27, 2021

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.

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Midas Franchise F500 Badge 2023 Ranked 300, showcasing excellence in auto repair shop 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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