Midas Int'l. Corp.

2015 Franchise 500
At a Glance

Products & Services: Auto repair and maintenance

Number of Locations: 2,236

Total Investment: $184.1K - $430.1K

Founded: 1954

Began Franchising: 1956

About Midas Int'l. Corp.

In 1956, Nate Sherman opened the first Midas muffler repair shop in Macon, Georgia, with a promise of "for as long as you own your car." Since then, Midas has expanded to offer repair and maintenance services on shock absorbers, brakes, tires, batteries, radiators, and heating and cooling systems.

Franchise Units

Year U.S. Canadian International Company Owned
2015 1,206 155 871 4
2014 1,239 156 881 6
2013 1,224 157 878 49
2012 1,227 154 804 72
2011 1,271 152 779 89
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.

Startup Costs, Ongoing Fees and Financing

Total Investment: $184,130 - $430,097
Franchise Fee: $30,000
Ongoing Royalty Fee: 3-5%
Term of Franchise Agreement: 20 years, renewable
Veteran Incentives: Franchise fee waived
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $75,000
42% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 9. Absentee ownership of franchise is NOT allowed..
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Accounts Receivable

How This Franchise Supports Franchisees

Training: Available at headquarters: 3 weeks. At franchisee's location: 1-2 weeks self-study. In-shop assignment : 1-2 weeks.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,

Franchise Ranking History

Franchise 500®: #35 (2015), #25 (2014), #31 (2013), #61 (2012), #39 (2011),
America's Top Global: #3 (2014), #30 (2013), #56 (2012), #36 (2011),

Franchise Search

Looking to Start a Business?

Healthier 4U Vending has opportunities available today.

Request Information

Fund Your Franchise with Guidant

Guidant Financal Learn how to invest your IRA or 401k into a franchise penalty-free. ($50k min)

Featured Franchises For Sale

From the Entrepreneur Bookstore

Franchise Bible, 7th Edition
Franchise Bible, 7th Edition
By Erwin J. Keup and Peter Keup
More Info