Quick Verdict · who it fits
Midas fits first-time franchise buyers looking for a mature automotive concept.
The numbers a buyer needs first — straight from the filing.
Initial investment (Item 7)
$385K - $940K
Franchise fee (Item 5)
$35K
Royalty (Item 6)
10%
System size (Item 20)
889 +25
Company-owned units
111
Item 3 litigation
3 suits
Model Midas's costs in the investment calculator → Prefilled from this filing — startup cost, cash flow and break-even.
Buyer qualifications
Data extracted from the 2026 FDD filed with state regulators. Fees and terms may have changed since filing — request the current FDD from the franchisor before deciding. Not legal, financial, or investment advice. Full disclaimer.
Drag to your projected annual sales. Royalty 10% on gross sales.
PROJECTED ANNUAL SALES$500,000
$100k$2M
Royalty (10%)
—
Total / year
—
▪ Of-sales fees only · excludes rent, labor, COGS, and one-time costs · for illustration
Free AI summary — the first read on the filing.
1,054
Total units open
889 franchised + 54 Co-Branding franchised + 111 company-owned
26 new franchised Midas Shops projected to open; 2 Co-Branding Shops opened in 2025
Units opened last year
111 franchised units ceased operations in 2025 (86 net dec
Units closed last year
What our analysis flagged across the 2026 filing.
5
Risks to review
4
Strengths identified
5
Questions to ask
How Midas ranks against 60 Automotive peers we've analyzed.
Initial investment
81st pct · of 60 peers
Franchise fee
44th pct · of 60 peers
System size
94th pct · of 60 peers
Automotive industry averages
Avg investment
$319K - $1.4M
Avg franchise fee
$34K
Avg system size
196
Franchises analyzed
60
Closest concepts by category and investment.
| Brand | Item 19 | Fee | Investment | Royalty | Units |
|---|---|---|---|---|---|
| Midas | Disclosed | $35K | $385K - $940K | 10% | 889 |
| Gimex PropertiesSimilar price | Disclosed | $30K | $228K - $939K | 2.5–5% | 111 |
| Jiffy LubeBiggest system | None | $18K | — | 4% | 2,083 |
| Systemforward AmericaTop-rated in category | Disclosed | $50K | $118K - $191K | 7% | 309 |
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Free explainers to go deeper before you sign.
Brand Analysis
Mavis never acquired Big O Tires. It bought NTB and Tire Kingdom from TBC in 2023 and closed on Midas in June 2025. Big O is still a wholly-owned TBC subsidiary, and its FDD issued June 30, 2025 reports a $2,824,712.79 average across 457 stores.
Brand Analysis
Byrider franchise costs run $947,000 to $1,577,500 per the 2026 FDD, and most of that money never touches the building. It funds the loans you make to your own customers. Here's the full breakdown, including real Item 19 earnings by quartile.
Brand Analysis
Big O Tires runs 461 franchised stores and zero company-owned, charges a 3.5% to 5.0% royalty matrix, and does disclose Item 19: an average of $2,824,712.79 across 457 stores. It is a TBC brand, not a Mavis one. Here is what the FDD supports.
Midas requires a $35,000 initial franchise fee and a total initial investment range of $385,450–$940,050, per the most recent FDD on file.
Midas is franchised by Midas International, LLC, the franchisor entity of record on its Franchise Disclosure Document. Item 1 of the FDD discloses the franchisor's corporate history, parents, and predecessors.
Yes. Midas discloses Item 19 financial performance representations in its FDD. See the financials sub-page for the disclosed figures.
Franchisees pay a royalty of 2-10% on gross sales as defined in Item 6 of the FDD.
As of their 2026 FDD, Midas has 889 total locations, with 25 new locations opened in the most recent reporting year. This information comes from Item 20 of the FDD.
This page is part of VetMyFranchise. View all pages: llms.txt · llms-full.txt