Midas
Palm Beach Gardens, FL
Midas is recognized as a reputable franchise in the Automotive sector, established in 1956 and has been franchising since the same year. The investment for potential franchisees ranges between $188,000 and $546,000, with a franchise fee of $35,000 and a minimum liquid capital requirement of $100,000. There are approximately 1,200 units in operation, with growth reported at -1% over the last five years, indicating stability despite challenges. Midas offers extensive franchisee support with training and operational assistance. Ideal candidates should be skilled in vehicle maintenance and customer service to thrive in this well-known brand.
FIC Score
out of 100
Investment Range
$188K – $546K
Franchise Fee
$35K
Total Units
1,200
5-Year Growth
+-1%
FIC Score Breakdown
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Overall Ranking
Out of 787 franchises
Specifications
About the Midas Franchise Opportunity
The Midas franchise is a Automotive franchising opportunity founded in 1956 and headquartered in Palm Beach Gardens, FL. With over 1,200 franchise units, Midas is one of the recognized brands in the automotive sector available to prospective franchisees.
The total investment required to become a Midas franchisee ranges from $188K to $546K. The initial franchise fee is $35K. Prospective franchise owners must have a minimum of $100K in liquid capital. Franchisees pay an ongoing royalty fee of 10%.
The Franchise Information Center has assigned Midas a FIC Score of 76.5 out of 100, ranking it #371 among all franchises. This proprietary franchise score evaluates three core dimensions: scalability (77.5/100), franchisor support quality (76.0/100), and unit economics (76.0/100).
Midas has demonstrated -1% unit growth over the past 5 years, reflecting strong demand for this franchise opportunity among investors and entrepreneurs entering franchising.
The Franchise Information Center provides free consultations to help you evaluate whether the Midas franchise is the right franchising investment for your goals, budget, and market. Our expert franchise brokers work directly with franchisors on your behalf — at no cost to you.
Midas
FIC 76.5 · #371
DISCLAIMER: The financial information displayed on this page — including franchise fees, total investment ranges, liquid capital requirements, royalty fees, and unit counts — is provided for general informational purposes only and is sourced from publicly available data, third-party directories, and franchisor-published materials. This information may not reflect the most current figures disclosed in the franchisor's Franchise Disclosure Document (FDD). Investment amounts, fees, and terms are subject to change without notice and may vary based on location, market conditions, territory, and other factors. The Franchise Information Center (FIC) does not guarantee the accuracy, completeness, or timeliness of any financial data presented herein. Nothing on this page constitutes a franchise offering, investment advice, or a solicitation to purchase a franchise. A franchise offering can only be made through a Franchise Disclosure Document (FDD) registered and delivered in accordance with applicable federal and state law. Before making any investment decision, prospective franchisees should independently verify all financial data with the franchisor directly and consult qualified legal and financial advisors. The FIC Score is a proprietary analytical tool for informational purposes only and does not constitute an endorsement, recommendation, or guarantee of franchisee success or investment return.