Midas
Franchise research report · reviewed 2026 disclosure data
Researching Midas franchise opportunities? Every figure below is cited to the FDD.
Midas franchise specializes in automotive repair and maintenance services, particularly known for mufflers, brakes, and oil changes at over 1,200 locations worl
Headline figures
Quick facts
- How much does it cost to open a Midas franchise?
- The Midas Franchise Disclosure Document reports separate estimated initial investments by format: $385,450 for total estimated initial investment: $385,450 to $940,050. (2026 FDD, Item 7, PDF p. 30); $143,400 for total estimated initial investment: $143,400 to $941,050. (2026 FDD, Item 7, PDF p. 33); $13,400 for total estimated additional initial investment: $13,400 to $212,000. (2026 FDD, Item 7, PDF p. 36); $170,150–$365,750 for total estimated investment for co-branding shop: $170,150 to $1,365,750. (2026 FDD, Item 7, PDF p. 36). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
- What is the Midas initial franchise fee?
- The disclosed initial franchise fee for a standard single unit is $35,000 (2026 FDD, Item 5, PDF p. 16). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
- What ongoing fees does Midas charge?
- The disclosed ongoing royalty is $10 (2026 FDD, Item 6, PDF p. 20). Other recurring fees are listed in Item 6. Details
- Does Midas disclose financial performance (Item 19)?
- Yes. The Midas FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 76). Figures apply only to the locations and period each one covers. Details
From reviewed FDD figures only. Not a recommendation or projection.
What the disclosures show
- 1The 2026 FDD (Item 7) estimates opening costs separately by format: $385,450 (Total Estimated Initial Investment: $385,450 to $940,050.); $143,400 (Total Estimated Initial Investment: $143,400 to $941,050.); $13,400 (Total Estimated Additional Initial Investment: $13,400 to $212,000.); $170,150 – $365,750 (Total Estimated Investment for Co-Branding Shop: $170,150 to $1,365,750.); several initial fee options apply.
- 2Item 19 covers 8 separate groups: revenue for 856 Franchised locations; revenue for 856 Franchised locations; revenue for 856 Franchised locations; revenue for 856 Franchised locations; revenue for 856 Franchised locations; revenue for 856 Franchised locations; revenue for 856 Franchised locations; revenue for 856 Franchised locations. They are not combined.
From reviewed FDD figures only. Not a recommendation or projection.
Costs · Items 5–7
What does it cost to open?
Estimated opening costs and the fees payable to the franchisor.
Startup Investment — Item 7
Range across 4 single-unit formats
2026 FDD · Item 7
Formats disclosed in Item 7 (4)
Each format has its own total. The total depends on the format you choose.
- Total Estimated Additional Initial Investment: $13,400 to $212,000.PDF p. 36$13,400
- $143,400 to $941,050.PDF p. 33$143,400
- Total Estimated Investment for Co-Branding Shop: $170,150 to $1,365,750.PDF p. 36$170,150 – $365,750
- $385,450 to $940,050.PDF p. 30$385,450
Standard single-unit franchise fee
2026 FDD · Item 5 · PDF p. 16
Discounted and multi-unit options are separate; see all fees.
Ongoing Fees — Item 6
Selected recurring charges; payment bases and conditions remain attached to each fee.
- Royalty: 2% to 10% of Net Revenue; up to 11% in certain cases for a Co-Branding Shop franchise.Main ongoing fee
54 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.
Financial Performance — Item 19
What results are disclosed—and for which locations?
8 separate populations, shown apart. Revenue is not owner income.
Locations counted: not stated in the reviewed record
Revenue · 856 locations
- Who is counted
- Revenue invoiced per customer per visit — Bottom 1/4
- Period
- Bottom 1/4
- Method
- 856 franchisees operating entire12months;889 franchisees atDec31. Quartile sample sizes not separately stated; percentages copied, not recalculated.
Locations counted: not stated in the reviewed record
Revenue · 856 locations
- Who is counted
- Revenue invoiced per customer per visit — Bottom - Middle 1/4
- Period
- Bottom - Middle 1/4
- Method
- 856 franchisees operating entire12months;889 franchisees atDec31. Quartile sample sizes not separately stated; percentages copied, not recalculated.
Locations counted: not stated in the reviewed record
Revenue · 856 locations
- Who is counted
- Annual Gross Revenue — Top - Middle 1/4
- Period
- Top - Middle 1/4
- Method
- 856 franchisees operating entire12months;889 franchisees atDec31. Quartile sample sizes not separately stated; percentages copied, not recalculated.
Locations counted: not stated in the reviewed record
Revenue · 856 locations
- Who is counted
- Revenue invoiced per customer per visit — Top 1/4
- Period
- Top 1/4
- Method
- 856 franchisees operating entire12months;889 franchisees atDec31. Quartile sample sizes not separately stated; percentages copied, not recalculated.
Locations counted: not stated in the reviewed record
Revenue · 856 locations
- Who is counted
- Annual Gross Revenue — Top 1/4
- Period
- Top 1/4
- Method
- 856 franchisees operating entire12months;889 franchisees atDec31. Quartile sample sizes not separately stated; percentages copied, not recalculated.
Locations counted: not stated in the reviewed record
Revenue · 856 locations
- Who is counted
- Annual Gross Revenue — Bottom - Middle 1/4
- Period
- Bottom - Middle 1/4
- Method
- 856 franchisees operating entire12months;889 franchisees atDec31. Quartile sample sizes not separately stated; percentages copied, not recalculated.
Locations counted: not stated in the reviewed record
Revenue · 856 locations
- Who is counted
- Annual Gross Revenue — Bottom 1/4
- Period
- Bottom 1/4
- Method
- 856 franchisees operating entire12months;889 franchisees atDec31. Quartile sample sizes not separately stated; percentages copied, not recalculated.
Locations counted: not stated in the reviewed record
Revenue · 856 locations
- Who is counted
- Revenue invoiced per customer per visit — Top - Middle 1/4
- Period
- Top - Middle 1/4
- Method
- 856 franchisees operating entire12months;889 franchisees atDec31. Quartile sample sizes not separately stated; percentages copied, not recalculated.
These groups are never combined.
Outlet Changes — Item 20
How has the outlet count changed?
Coverage not stated in the reviewed record · counts as of year end of each year.
2026 FDD · Item 20 ·
Questions to investigate
Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.
For the franchisor
Which line items in the 2026 Item 7 estimate ($13,400 – $385,450) vary most by market, and why?
Which initial fee option would apply to my situation, and what conditions or discounts affect it?
Which locations are included in the Item 19 figures, and which were excluded?
Is a territory available in my area, and how is it defined in my agreement?
For current and former owners
How did your actual startup costs and timeline compare with the Item 7 estimate?
How many hours a week do you work in the business, and in what role?
How do your results compare with the Item 19 figures, and what explains the difference?
What support from the franchisor has been most and least useful?
For your advisors
Ask a franchise attorney to review the territory, renewal, transfer and termination terms.
Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.
Sources & vintage history
Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.
Citations (2026 FDD)
- [1]Standard initial franchise fee — Item 5 · PDF p. 16
- [2]Item 19 — Locations counted not stated in the reviewed record — Revenue invoiced per customer per visit — Bottom 1/4 · PDF p. 76
- [3]Item 19 — Locations counted not stated in the reviewed record — Revenue invoiced per customer per visit — Bottom - Middle 1/4 · PDF p. 76
- [4]Item 19 — Locations counted not stated in the reviewed record — Annual Gross Revenue — Top - Middle 1/4 · PDF p. 76
- [5]Item 19 — Locations counted not stated in the reviewed record — Revenue invoiced per customer per visit — Top 1/4 · PDF p. 76
- [6]Item 19 — Locations counted not stated in the reviewed record — Annual Gross Revenue — Top 1/4 · PDF p. 76
- [7]Item 19 — Locations counted not stated in the reviewed record — Annual Gross Revenue — Bottom - Middle 1/4 · PDF p. 76
- [8]Item 19 — Locations counted not stated in the reviewed record — Annual Gross Revenue — Bottom 1/4 · PDF p. 76
- [9]Item 19 — Locations counted not stated in the reviewed record — Revenue invoiced per customer per visit — Top - Middle 1/4 · PDF p. 76
"PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page. Source document: FDD
Territory & operations
These are contract disclosures, not confirmation that any territory is currently available.
Legal & agreement
Franchisor financial statements
| Fiscal year | Measure | Reported value |
|---|---|---|
| 2024 | total opera ting income | $1,062,101 |
| 2024 | royalties | $2,599,261 |
| 2024 | franchise fees, net of refunds | $2,497 |
| 2024 | area development fees | $40,261 |
| 2024 | total revenues | $2,642,019 |
| 2024 | cost of sales payroll expense | $1,357,978 |
| 2024 | gross profit | $1,284,041 |
| 2024 | net income | $1,157,263 |
| 2023 | royalties | $3,283,489 |
| 2023 | franchise fees, net of refunds | $99,798 |
| 2023 | area development fees | $58,586 |
| 2023 | total revenues | $3,441,873 |
| 2023 | cost of sales payroll expense | $1,618,038 |
| 2023 | gross profit | $1,823,835 |
| 2023 | total opera ting income | $1,586,210 |
| 2023 | net income | $1,706,877 |
These figures describe the franchisor company, not individual franchise locations.
SBA-backed loans to franchisees
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Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.
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At a glance
Business history
Not reviewed
Owner participation
Not reviewed
Territory language
Litigation disclosure
Not reviewed
Bankruptcy disclosure
Not reviewed
Agreement term
Not reviewed
Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.