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Similar Franchises: Automotive Franchise
Midas

Midas is one of the world's largest providers of automotive service with over 2,500 franchised, licensed and company-owned shops throughout Canada, the U.S. and the world. Ours is a premier brand name in world-class automotive service that includes brakes, exhaust, steering and suspension, as well as batteries, climate control and maintenance services. Now that Midas offers Total Car Care and Tire services, there are even more reasons to keep customers coming back.

A Midas franchise offers the best of both worlds: a business of your own in a fast-growing market – backed by an organization dedicated to enabling your success. As a Midas Franchisee, you’ll live your dream of career independence with the resources of a global leader by your side.

Midas is proud to be one of America’s original franchise opportunities — and one of its best. Founded as a single shop in Macon, Georgia, in 1956, Midas has been building an unmatched reputation in the auto-repair industry for over 50 years. Now a global powerhouse with over 2,500 franchised and licensed shops throughout the U.S., Canada and in other countries world-wide, ours is the premier brand name in world-class car care:

  • #1 in brakes and #1 in exhaust in North America
  • #1 Automotive Repair Services Franchise
  • #40 in Entrepreneur magazine’s Annual Franchise 500
  • #34 in America’s Top Global Franchises

Midas is proud to be the market leader in brakes and exhaust, but we aren't resting on our laurels. We make it our business to spot trends that mean opportunity for our franchisees, such as:

  • More vehicles on the road each year.
  • Increasingly complex automotive technology making do-it-yourself repairs more difficult.
  • Drivers keeping their cars longer, and increasing the market for ongoing relationships with trusted service providers.
  • Fewer car care options for drivers, resulting in new opportunities for Midas

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Costs and Fees
Investment Required: $309,000 - $414,000
Capital Required: N/A
Franchise Fee: $30,000
Ongoing Royalty Payments: 10%
Advertising Fees: Midas currently contributes half of the royalties collected towards advertising
Other Fees: N/A
Terms of Agreement: 20 years
Renewal Fee: N/A
Franchisee Support
Financing: Yes
Franchisee Training: Yes
Franchisee Marketing Support: Yes
Franchisee Operations
Number of Employees: N/A
Absentee Ownership Allowed: N/A
Opportunities: N/A
Franchisee Prerequisites
Net Worth: $250,000 - $300,000
Cash Liquidity: $75,000 and $100,000
Business Experience: You must have an understanding of business management principles and be involved as an owner-operato
Franchise Locations
Franchise Available: Alberta
British Columbia
Manitoba
New Brunswick
Newfoundland and Labrador
Nova Scotia
Northwest Territories
Nunavut
Ontario
Prince Edward Island
Quebec
Saskatchewan
Yukon

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