Midas (Co-Branding) is graded based on our most recent FDD research!
Midas is a full service automotive repair shop. It provides services such as brake repair, oil changes, tire repair, car heating and A/C, batteries, starting and charging and exhaust system services. Co-branding can be with an affiliate brand.
Midas (Co-Branding) has an initial franchise fee of up to $30,000, with a overall initial investment range of $195,680 to $592,097.
The initial cost of any franchised business includes multiple fees. Explore this franchise opportunity to better understand the initial costs required to own a Midas (Co-Branding), such as territory fees, leasehold improvement costs, pre-opening marketing, and furniture and fixtures purchases. As a reminder, franchisors are required to provide you with details about all upfront fees. These fees include those that are actually paid when signing the franchise agreement and commitments to fees you are required to pay. Another important consideration to review is whether the initial fees are refundable to you or not. The franchise system must disclose what conditions any of the initial fees are refundable. A franchise must also provide details of a range of fees if its upfront fees are not uniform within the system. A careful review of the Item 5 upfront fees will give you the answers needed to make a buying decision a Midas (Co-Branding).
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As with any new business, there should be a strong ROI and profit potential. The specific franchisee's income and the profits from a Midas (Co-Branding) business will depend on many factors. One way to check on the potential revenues or profits earned from a Midas (Co-Branding) franchise investment is to analzye the franchisor's Item 19 within their Franchise Disclosure Document. This is called an earnings claim. This is not required within a franchisor's disclosure and approximately 68% of all franchisors that we research and study will disclose financial performance data within Item 19 of their FDD. Some franchisors may provide limited information such as overall systemwide sales. This type of financial disclosure is not always helpful to determine profits for you directly. So review systemwide sales data with caution. As a general rule, typically earnings and owner's salary are equitable to the overall size of the upfront investment. The larger the initial investment, the higher profits you should expect to see
For additional information and franchise specific on the profits of a Midas (Co-Branding) franchised business, unlock this franchise opportunity
As of the 2017 Franchise Disclosure Document, there are 70 franchised Midas (Co-Branding) locations throughout the USA.
Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.
Based on 2017 FDD information, Midas (Co-Branding) has franchised locations in 15 states.
Based on our research this franchise is expanding into new regions and might be available near you. While planning your franchise purchase, you always need to be considering what is a good location for my business. Anlayze the potential customer base to confirm that your city has a need or want for this brand.
One of our franchise advisors will have detailed knowledge about this brand. Unlock to learn more and connect with our researchers.
Last Reviewed: 2017
Yes, they have an initial training program of 232 hours. This includes 112 hours of classroom training, 120 hours of on-the-job training, and N/A hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.
Midas (Co-Branding) does NOT offer territory protections. For an explanation of territorial rights, unlock this franchise opportunity for important details.
Yes, Midas (Co-Branding) offers comprehensive support for franchisees. Unlock this franchise to find out more.
They began franchising in 2008. The average Automotive Repair franchise began franchising in 1990.
Yes. They offer certain financing options within Item 10 of their FDD.