Franchise Facts

Midas 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 $30,000, with a total initial investment range of $179,130 to $435,097.

  • Initial Franchise Fee: $30,000
  • Total Investment: $179,130 to $435,097
  • Working Capital: $40,000 to $65,000
  • Royalty Fee: 10%

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 2017 Franchise Disclosure Document, there are 1000 franchised Midas locations in the USA.

Are there any Midas franchise opportunities near me?

Based on 2017 FDD data, Midas has franchise locations in 49 states plus DC. The largest region is the Midwest with 339 franchise locations.

AK
AL
AR
AZ
CA
CO
CT
DC
DE
FL
GA
HI
IA
ID
IL
IN
KS
KY
LA
MA
MD
ME
MI
MN
MO
MS
MT
NC
ND
NE
NH
NJ
NM
NV
NY
OH
OK
OR
PA
RI
SC
SD
TN
TX
UT
VA
VT
WA
WI
WY


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: 2017

Midas is graded based on our most recent research.

Midas Franchise Stats

Total Investment

$179,130 - $435,097
Franchise Fee

$30,000
Franchise Agreement
Initial Term
20 Years
Renewal Term
20 Years
Franchisee Outlet Growth
2010
1210
2017
1000
Ongoing Fees
Royalty
10.0%
Ad Fees
0.0%
# of Franchised Outlets

1072

Additional Questions

Do they provide any initial training and opening assistance?

Yes, they have an initial training program of 232 hours. This includes 112 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.

Online 0
On-the-Job 120
Classroom 112
Total 232

Do they offer Territory Rights?

Midas does NOT offer exclusive territories.

Do they provide Veteran or First Responder Discounts?

Yes, unlock to find out the amount of the discount.

When did they begin franchising?

They began franchising in 1956. The average Automotive Repair franchise began franchising in 1998.

Do they offer financing support?

Yes, you can also click here to fill out our affordability calculator and understand your financing options.
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  • What are the historical franchisee revenues?
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  • Are they affiliated with any other franchise brands?
  • How many new outlets have they sold in the last 5 years?
  • How many franchised outlets have closed in the last 5 years?
  • How many franchised outlets have terminated in the last 5 years?
  • Do they operate any company or affiliate outlets?
  • How long is their initial term length?
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  • Are you required to work in the outlet or is this a passive investment opportunity?
  • Do they provide discounts for buying more than one franchise?