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Buy a Midas Franchise

Midas is an automotive repair and maintenance franchise founded in 1956, originally a muffler specialist that expanded into comprehensive auto care. Franchisees operate full-service shops covering brake repair, oil changes, tire replacement, exhaust repair, steering and suspension, wheel alignment, and scheduled maintenance. The brand positions itself as a cost-effective alternative to dealership service for everyday motorists.

Midas operates under TBC Corporation, one of North America’s largest automotive tire marketers, giving franchise locations access to significant supply chain purchasing power. Shops are staffed service facilities with multiple bays, and the brand has adopted Digital Vehicle Inspection (DVI) across the network along with early adoption of Advanced Driver-Assistance Systems (ADAS) service capabilities, keeping shops equipped for the growing complexity of modern vehicles.

The brand has operated for more than six decades and maintains a network of more than 2,000 locations across the US and internationally. Franchisees can also access national fleet accounts, supplementing retail customer volume with B2B contract work across the national footprint.

Latest Resales

  • There are currently no Midas resales available

Why buy a Midas Franchise?

When considering whether to buy a Midas franchise, buyers will find a brand with genuine consumer recognition built over six decades in the automotive care market. The Entrepreneur Franchise 500 ranks Midas #1 in the Automotive Repair & Maintenance Services category in 2026, and the national footprint lends consumer trust that an independent operator would need years to establish.

The model offers multiple revenue streams across routine maintenance and higher-ticket repairs, reducing dependence on any single service type. TBC Corporation’s purchasing infrastructure gives franchisees buying power on tires and parts that independent shops cannot access, and national fleet account relationships can generate B2B volume alongside retail traffic.

Midas Franchise Costs & Information

Based on 2025 data reported in the 2026 FDD

  • Brand Profile

    • Year Founded

      1954

    • Franchising Since

      1956

    • New Startup Cost

      $385,450 – $940,050

    • Avg. Resale Price

      Contact us for details
  • Franchise Fees

    • Initial franchise Fee

      $17,500 - $35,000

      for new territories

    • Transfer Fee

      15%

      of the Initial Franchise Fee, $5,000 minimum

    • Royalty Fee

      2–10%

      of Net Revenue

    • Marketing Fee

      Not Disclosed

  • Unit Performance

    • Total Units *

      1000

    • New Units Opened *

      33

    • Units Transferred *

      43

    • Avg. Unit revenue *

      $1,297,602

    * Based on 2025 data reported in the 2026 FDD

Midas – Additional  Information

  1. Training & Support

    Midas structures initial training in two parts: five days of in-shop observation at an operating location, followed by a minimum four-day program at the Midas training center in Palm Beach Gardens, Florida, covering customer service, POS systems, inventory management, and bookkeeping. Ongoing support includes national advertising, local marketing templates, and regular field support meetings with the Midas operational team. DVI is required across the network and ADAS service training is part of the technology package. Resale buyers should clarify with Midas what initial training and POS system access transfers with the incoming owner.

  2. Ideal Owner

    The Midas franchise suits operators who are customer-service oriented and comfortable managing a team of technical staff. Prior automotive experience is not required, as the brand provides training covering shop operations from the ground up. Candidates who thrive tend to be sales-aware, community-engaged, and process-driven, capable of following standardized operating procedures while building local customer relationships. A hands-on management style is an asset given the day-to-day demands of running a staffed service facility.

  3. Recognition & Awards

    Midas ranked #54 overall on Entrepreneur's 2026 Franchise 500 and holds the #1 position in the Automotive Repair & Maintenance Services category for 2026. Franchise Business Review named Midas among its Top 200 Franchises in 2026. Additional recognition includes a Franchise Times Top 400 listing, FDM 100 Game Changers 2024, and FranServe's Fran-tastic Brand designation in 2024. Midas is an IFA member and participates in the VetFran program, offering reduced franchise fees to qualified veterans and first responders.

  4. Industry / Market

    The US auto mechanics market generates approximately $92.1 billion in annual revenue and has grown at a CAGR of 2.2% between 2021 and 2026, according to IBISWorld. Demand is supported by the aging US vehicle fleet, with the average American car now kept on the road for approximately 12 years, driving ongoing maintenance and repair spending. The category has proven resilient across economic cycles, as vehicle upkeep is a necessity for most households. For resale buyers, local vehicle density, commuter patterns, and the competitive environment from dealerships and independent shops are key factors to assess.

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