Automotive · registry year 2024 · HQ FL

Midas Franchise

A TBC Corp brand operating in the automotive sector, franchising since 1956. According to the 2024 FDD filing for Midas, this is an editorial comparison record; it does not reproduce the brand's current FDD.

$153K – $457K
Initial investment · Mid-range entry cost
3.0%
Royalty rate · Below-average royalty
1,800
Total locations · Large network

FDD outlay schedule

Registry midas Midas

Midas needs $153K–$457K to open and charges a 3.0% royalty - an entry cost below the typical automotive franchise.

  • LO $153K
  • HI $457K
  • FEE $30K
  • ROY 3.0%
  • UNT 1,800
  • I19 Silent
  • INV# #126/223
  • UNT# #64/223

Nearest Item 7 peer: Meineke Car Care ($151K)

Midas (this)$153KMeineke Car Care$151KValvoline Instant Oil Change$158KTake 5 Oil Change$183KJiffy Lube$238KZiebart$254K
Midas Item 7 listed-low neighbourhood vs nearest automotive peers

Same-sector Item 7 neighbourhood for Midas (registry year 2024). Listed lows only - not a profit, cost-of-living, or suitability claim. Verify the current FDD before relying on these figures. How we place brands →

Franchise Opportunity Health Score

How healthy and transparent Midas's franchise system looks, from 2 of 2 tracked dimensions.

4 F
  • Network momentum -1.1% net unit growth (YoY) 8/100 · F
  • Financial disclosure Item 19 not disclosed 0/100 · F

Benchmarked against the 223-brand tracked corpus (p10-p90 range per dimension); a higher score means a growing unit count and a disclosed Item 19. See how we place brands.

Subscribe (RSS)

Where Midas's investment ranks nationally

Midas's listed Item 7 low of $153K against every one of the 218 tracked franchise brands with a disclosed initial investment. Listed figures only, verify in the current FDD before relying on them.

Midas vs all tracked franchise brands by listed investment

Initial investment low (FDD Item 7), PlainFranchise brand corpus

$153,000 Lower than most lower than 57% of 218 franchise brands

Franchise brands, banded by listed Item 7 low

Each bar is a $0.001K-wide band; taller bars hold more franchise brands. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.

Source PlainFranchise editorial comparison registry · 2024-12-31

Investment Overview

Investment Range $153K – $457K
Franchise Fee
$30K

Revenue Data (Item 19)

Item 19 Not Disclosed

This franchisor did not provide financial performance data in their FDD. This is common, disclosure is optional.

Network Size & Growth

1,800
Franchised
0
Company-Owned
+20
Opened (Last Year)

Net Growth Rate

Year-over-year unit change

-1.11% growth

40 locations closed in the last reporting year

Quick Facts

Sector
Automotive
Subsector
repair
Founded
1956
Franchising Since
1956
Headquarters
FL
FDD Year
2024
Item 19
Not Disclosed

Compare

Compare Midas against other franchises side-by-side

Compare Franchises

Important Notice · Midas

This Midas page is a registry comparison record, not a verified FDD extract. It does not establish suitability, operating costs, profitability, or expected results for Midas.

National footprint registry read for Midas

Signature read: 1,800 locations · Item 7 low $153K

Midas, a TBC Corp franchise, has been franchising since 1956 , currently with 1,800 total locations (1,800 franchised, 0 company-owned; 100% of the recorded total is franchised) in the automotive sector, headquartered in FL. The listed total initial investment is $153K to $457K, using the registry's listed low and high fields. The registry separately records a franchise-fee field of $30K; its summary does not reproduce every Item 7 line item.

Royalty payments here are set at 3.0% of gross sales. No Item 19 financial-performance field is recorded for Midas. This registry does not infer a financial outcome from that absence.

Unit count is trending down for Midas: a 1.1% net contraction year-over-year with 40 closures on the record. The registry does not attribute the change to a cause or establish an operating or financial outcome.

Frequently Asked Questions

How much does a Midas franchise cost?
The registry lists total initial investment of $153K to $457K for a Midas franchise. The initial franchise fee is $30K. On top of that, royalties run 3.0% of gross sales.
How many Midas locations are there?
Midas has 1,800 total locations (1,800 franchised). That total is trending down, 1.1% net year-over-year.
What are the ongoing fees for a Midas franchise?
Midas's ongoing royalty is 3.0% of gross sales. These are listed ongoing fee fields, separate from the listed initial-investment range.

Related reading for Midas: How to Evaluate a Franchise , Midas has no Item 19 in this registry, diligence without a financial performance representation.

Midas among nearby automotive registry records: listed entry cost and network size Scatter plot of 11 data points. 0 locations500 locations1000 locations1500 locations2000 locations2500 locations $-2000k$0k$2000k$4000k$6000k Listed initial investment low ($000) Total locations (Item 20) MidasMeineke Car CareValvoline Instant Oil ChangeTake 5 Oil ChangeJiffy LubeZiebartGrease MonkeyMaacoChristian Brothers AutomotiveCARSTARTommy's Express Car Wash
Midas among nearby automotive registry records: listed entry cost and network size

Snapshot uses the registry's listed Item 7 initial-investment low and Item 20 location-count fields. It is a descriptive comparison, not a ranking or investment recommendation.

How Midas's Item 7 and Item 19 fields are labeled (expand)

Nationwide brands with similar investment or network size

Two data-derived peer sets for Midas , both outside HQ state FL : nearest Item 7 lows and nearest total-location counts, not the same-sector roster below.

What to do with this

Midas at a glance, drawn from the same figures above.

  • Midas scores 4/100 (F) on our composite opportunity read, combining net unit growth and Item 19 financial-disclosure transparency.
  • Its $153K – $457K entry cost runs below the typical automotive franchise.
  • Ranks #126 of 223 listed franchises by initial investment. See rankings
  • Meineke Car Care sits at a comparable investment level ($151K) in the same sector. Compare

Editorial comparison registry, not a source-linked FDD record. Verify the current FDD before relying on any figure.

Editorial comparison registry; a source filing is not linked to this record. Verify the current FDD before relying on a figure.

Source: PlainFranchise editorial registry Record-level FDD source link and retrieval date pending