Midas Franchise

About the Midas franchise

Midas — Trust the Midas touch — has built its franchise system in the automotive category since 1956, headquartered in Palm Beach Gardens, FL. TBC Corp brake, exhaust, and general auto-service franchise.

As of recent disclosures, Midas operates approximately 1,100 units worldwide. Initial investment for a single location typically falls between $210,000 and $569,000, with a franchise fee of approximately $30,000.

Unit economics and ongoing fees

Ongoing royalties run approximately 10.0% of gross sales, plus a brand fund / national advertising contribution of about 7.5%. Model these as recurring overhead — they apply to top-line revenue, not profit. Confirm the exact fee schedule and any local/regional marketing co-op requirements in Items 5, 6, and 11 of the current FDD.

Why prospective franchisees consider Midas

Operators considering Midas typically weigh the following advantages:

• Iconic 60+ year brand
• Diversified service offering
• Conversion programs for independent shops
• National fleet account network

Where Midas has real trade-offs

Honest diligence also requires looking at where the system has friction:

• 10% royalty is high
• Significant capex and real estate
• Technician shortage
• EV transition long-term risk

How to evaluate the Midas opportunity

Before signing any franchise agreement, request the current Midas FDD, talk to at least 8–10 existing franchisees (both new and mature), and build a unit-level model that stress-tests labor, occupancy, royalties, and ramp. Pay particular attention to Item 19 (financial performance representations) if disclosed, Item 7 (estimated initial investment), and Item 20 (system size and turnover) trends over the past three years. Validation calls with existing operators are the single highest-leverage step in the process.

Figures above are seed estimates compiled from public sources and may not reflect the most recent FDD. Always verify against the current Franchise Disclosure Document before relying on any number commercially.