#146 OverallAutomotive
M

Midas

Midas offers a comprehensive auto repair franchise opportunity specializing in brakes, tires, oil changes, and general maintenance. It provides a proven business model and strong brand recognition for entrepreneurs in the recession-resistant automotive service industry.

Key Metrics

Min Investment
$209,150
Total Units
2,026
Total Operators
2,026
Royalty Fee
2-10% of net revenue
Founded
1956

Financial Requirements

Liquid Capital Required

$200,000

Net Worth Required

$600,000

Franchise Fee

$35,000

Total Investment

$209,150 - $884,890

Recent News

"Recent news is positive, highlighting Midas's strong performance and growth. The brand was ranked highly in the Franchise Times Top 400 in 2024/2025, and a multi-unit franchisee was named IFA Franchisee of the Year in 2024, underscoring strong franchisee success and franchisor support."

Operations & Support

Training Provided

  • Initial Training: 2 weeks
  • On-site Training Available
  • Ongoing Support

Terms & Agreement

  • Term Length: 10 Years (Renewable)
  • Territory Protection: Available
  • Absentee Ownership: Not Allowed

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Quick Facts

Headquarters823 Donald Ross Road, Juno Beach, FL 33408, United States
Operating RegionsUnited States, Canada, and various international locations
Social Profiles
Franchising Since1956
FinancingThird-party
Veteran DiscountNo