Midas

Auto service franchise providing comprehensive car care services, including brakes, tires, oil changes, and exhaust repairs, ensuring reliable and efficient vehicle performance.

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial investment

$104,000

$1,043,000

Initial franchise fee

$35,000

Royalty fee

10.00%

Advertising fee

6.00%

Revenue (AUV)

vs.

for

franchises

Operating Profit

vs.

for

franchises

Franchised units

973

-2%

(

-19

)

-2%

(

-19

)

vs. 2 years ago

Company-owned units

Total units

973

UNITS

This is how many units the franchise has in total

Franchised units

Company-owned units

Total units

2023

973

977

992

PROFITABILITY

Find how profitable this franchise is vs. industry benchmarks

Midas

Automotive

franchises

franchises

Revenue

- COGS

Gross Profit

- Labor costs

- Other costs

Operating Profit

Sales : Investment ratio

Investment Payback

Franchise Disclosure Document

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COMPETITORS OF

Midas

Franchise

973

-2%

No growth

$35,000

$104,000

$1,043,000

Undisclosed

n.a.

$39,900

$255,000

$821,000

Undisclosed

-7%

$49,500

$235,000

$695,000

Undisclosed

n.a.

$54,900

$156,000

$1,875,000

Undisclosed

817

$30,000

$205,000

$396,000

Undisclosed

173

284%

$35,000

$223,000

$1,617,000

Undisclosed

n.a.

$54,900

$218,000

$1,933,000

Undisclosed

-7%

$39,900

$272,000

$872,000

Undisclosed

1710

-12%

$35,000

$232,000

$443,000

Undisclosed

201

$39,900

$252,000

$821,000

Undisclosed

-63%