If you’re researching top auto franchises as your way to be in business,
the Midas name is a recognized and respected one to seriously consider.
Now more than ever, Midas is a leader in the auto repair industry. Automotive retail is the fastest-growing technology market, second only to the cell phone industry, and as a Midas franchisee, you’ll be able to leverage a proven business model that’s at the heart of our robust and recession-resistant opportunity!
These days, drivers are loving their cars for a whole lot longer — the life of the average American vehicle is close to 12 years, and repairs on those cars have moved from the engine cavity to the wheel well, where $0.80 of every maintenance dollar are now being spent.1 As the second-largest tire distributor in the country, we put our franchisees in the driver’s seat, with volume discount purchasing power on brand name tires that boost their sales and brand name recognition that helps make us a top auto repair franchise offering!
When it comes to investing in a franchise brand, we know you have choices, and we encourage you to do your homework. We’re confident that once you do, you’ll quickly realize a Midas franchise investment is a smart one for plenty of great reasons!
More than 60 years in the industry speaks to our dedication and experience. As a Midas franchisee, you become part of a brand with a proven track record.
Midas is a name people know and trust, making it far easier to establish your franchise and get busy meeting your community’s automotive repair needs.
Our hardworking marketing team creates some of the best and most memorable marketing materials in the industry for both local and national campaigns.
We’ve got the largest network of product support and buying power in the industry, helping to sustain multiple revenue streams that give your portfolio the diversity it needs.
With Midas locations in all 50 states, we’ve developed a fleet program that can supplement your business and boost your bottom line.
Our beautiful and informative consumer-facing website reiterates the Midas commitment to customer service and helps drive business directly to your door.
1Auto Care Factbook, published by Auto Care Association, 2021
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.
