Midas

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Founded

1954

Started franchising

1959

Industry
Automotive
franchises
Sub industry
Oil Change
franchises

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)

?

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Undisclosed

vs.

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for

Oil Change
franchises

Operating Profit

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Undisclosed

vs.

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for

Oil Change
franchises

Sales : Investment ratio

?

Investment Payback

?

Franchised units

?

973

+
-2%
(
-19
)
-2%
(
-19
)

vs. 2 years ago

Company-owned units

?

0

Total units

?

973

UNITS

This is how many units the franchise has in total

Franchised units
Company-owned units
Total units

2023

973

0

973

977

0

977

992

0

992

PROFITABILITY

Find how profitable this franchise is vs. industry benchmarks

Midas
Automotive
franchises
Oil Change
franchises

Operating Profit

?

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Undisclosed

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Franchise fees
Total investment

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Revenue (AUV)

?

Gross margin

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Operating profit

?

Sales : Investment Ratio

?

Investment Payback (ROI)

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Franchise
Units
Growth
Initial fee
Investment
Revenue (AUV)
Gross Profit

973

+
-2%
-2%
No growth

$35,000

$104,000

-

$1,043,000

Undisclosed

Pro
Pro