Midas Franchise Review
Midas is graded based on our most recent research.
Franchise FactsMidas is a full service automotive repair shop. It provides services such as brake repair, oil changes, tire repair, car heating and A/C, batteries, starting and charging and exhaust system services.
How much does a Midas franchise cost?Midas has a franchise fee of up to $35,000, with a total initial investment range of $198,650 to $539,512.
- Initial Franchise Fee: $35,000
- Total Investment: $198,650 to $539,512
- Working Capital: $40,000 to $65,000
- Royalty Fee: 10.0%
The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees.
How much does a Midas franchise make?Franchise profits depend on a number of variables, including local demand for your product, labor costs, commercial lease rates and several other factors. Typically, franchise profits are proportionate to the size of investment. We can help you figure out how much money you can make by reviewing your personal situation. Please unlock this franchise for more information.
How many franchise locations do they have?As of the 2020 Franchise Disclosure Document, there are 992 franchised Midas locations in the USA.
Are there any Midas franchise opportunities near me?Based on 2020 FDD data, Midas has franchise locations in 49 states plus DC. The largest region is the Midwest with 325 franchise locations.
This franchise is expanding into new markets and might be available near you. One of our franchise experts will have detailed knowledge about this brand. Unlock to learn more and connect with our experts.
Last Reviewed: 2020
Midas Franchise Stats
$198,650 - $539,512
Franchisee Outlet Growth
# of Franchised Outlets
Do they provide any initial training and opening assistance?Yes, they have an initial training program of 192 hours. This includes 72 hours of classroom training and 120 hours of on-the-job training. In their FDD they outline who’s in charge of the training. Unlock to find out more.