Description
Midas offers a wide range of automotive services, including brake repair, oil changes, tire services, and general vehicle maintenance. Known for reliability, Midas serves as a one-stop shop for car care needs.
Franchisor Details
Franchisor Name
Midas
Year Founded
1956
Franchising Since
1967
Home Office
Itasca, Illinois
Training
Comprehensive training in automotive repair, customer service, and shop operations, with ongoing support and marketing guidance.
Industry
Automotive
Franchise Costs
Total Investment
$212,000 - $598,000
Net Worth Required
$250,000
Liquid Capital Required
$75,000
Franchise Fee
$35,000
Royalty Fee
2-10%
Values & History
Midas has been committed to providing high-quality automotive repair and maintenance services for over 60 years. The brand values customer trust, honesty, and service excellence.
Industry Performance
A well-established name in the automotive repair industry, with a large footprint and strong brand recognition. Known for its dependable service and customer loyalty.
Training & Support
Provides in-depth training on automotive repair, service management, and running a franchise. Ongoing support includes access to proprietary systems and marketing resources.
Qualifications
Franchisees need a background in business management or a passion for the automotive industry. While technical experience is helpful, strong managerial skills are paramount.