Midas was founded as a single shop in Macon, Georgia in 1956. Midas is proud to be one of America 's original franchise opportunities. Today you can visit one of approximately 2,600 franchised and licensed Midas locations throughout the United States and Canada and the world for your automotive repairs and automotive aftermarket products needs. Midas franchises are rated number #1 in brakes, Number #1 in exhaust in North America and Number #1 in Franchise in the miscellaneous auto repair and maintenance services category in the Franchise 500 for 2006.
Franchising Tips and Facts
As a franchisee, you may want to know... can I own more than one Midas franchise? Franchisors often sell area or master franchises within a certain specified territory. These are of course costly. If you own a single Midas franchise and are successful, then if there is an opportunity to develop in another and the territory is available, then the franchisor will usually be pleased to sell you another franchise for the new location.
Ultimately the success of owning a Midas Franchise can be determined by such factors as your franchise territory, site location, and your individual efforts and commitment to following the system. While you will be your own boss, when owning a Midas franchise you will not be "on your own". The franchisor will have also committed to fulfill their promises to you as stated in the franchise agreement.
Sometimes, franchises fail because the franchise buyers do not adequately research franchise opportunities prior to purchase. If you are interested in a Midas Franchise Opportunity, then you should do your homework. Try to match your personal attributes and interests to activities associated with the business opportunity you are interested in. If your personality and interests, don't match, you may want to consider a different franchise.
How much does a Midas Franchise cost? Generally the costs associated with buying a franchise can vary considerable, depending on some of the following factors. Some costs that can affect the bottom line are, real estate, inventory, training, marketing, franchise fees, and development costs. The Midas UFOC should outline these costs, and give you detailed information on how much it will cost you.
Please Note: Midas, and other franchise opportunities, business opportunities,
businesses and franchises for sale on this web site are not to be
considered as an "offering," suggestion or approval by
ActiveFranchising.com. As always, we recommends seeking the advice of a lawyer, financial consultant or
accountant before purchasing a franchise or business opportunity.
