Franchise Factbook
Midas Franchise

Midas Franchise

Full FDD data
automotive · Palm Beach Gardens, Florida · Founded 1956 · Franchising since 1956
Meets our QA bar · 0.97Unclaimed profile
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Total to open · Item 7
$385K–$940K
Costs more than 74% of automotive brands →
Franchise fee · Item 5
$10,000
Included in the total above
Owner turnover
—
Awaiting Item 20 extraction
Factbook Score
Pending
not enough data yet
✓ No bankruptcy disclosures✓ No litigation disclosedNo Item 19 earnings dataWhy these flags?

Beyond the filing

Everything else on this page is quoted from Midas Franchise's franchise disclosure document. This is not — it is measured off the open web, it is not verified by the franchisor, and it never affects the Factbook Score.

Customer rating
4.5 / 5
15,824 Google reviews across 18 locations
Best to worst location
4.1 – 4.8
Where this brand's locations sit on the same scale — the gap is what varies between franchisees
Website health
10 / 10
Basic checks: HTTPS, mobile viewport, speed, metadata. Most sites clear them
Store locator
No
No finder on their site, so customers can't look up a nearby branch from it
iPhone app
None found
No App Store listing matched this brand
Android app
None found
No Play Store link on their site — an app they don't link from their homepage would read the same way
Google returns at most twenty locations for a search, so the rating is a sample of Midas Franchise's outlets rather than all of them. Measured Sep 11, 2026.
Costs about the same
LINE-X$402KAuto-Lab Usa$297KMoran Family of Brands$267K
All automotive →

Research this brand properly

Every figure on this page comes from Midas Franchise's own disclosure filings, source linked. Compare it against its category before any discovery call — and read the FDD with an attorney before signing anything.

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Franchise Factbook · verified
Opening a Midas Franchise: $385K–$940K
From its official FDD · franchisefactbook.com
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Royalty
10%
3-5% (per sharpsheets.io summary; 2014 FDD text only described incentive-reduced royalty percentages, not the base ad fund rate)
Franchised units
—
3-yr unit growth
—
CAGR from Item 20

What it really costs

Every cost figure this brand's filing discloses — not just the headline range

Total initial investment · Item 7$385K–$940K
$0$1.0M
ExpenseLowHigh
Initial franchise fee$10,000$10,000
Total initial investment$385,450$940,050

Item 7 reports a total range, not a full line-item breakdown, in this brand's filing excerpt — the franchise fee is the only cost we can show separately today.

Costs more to open than 74% of automotive franchises on this site with a disclosed Item 7 range (45 compared). Computed from total investment, not a figure from the filing itself.

Earnings disclosure

Does the franchisor share performance data? No

This brand's filing does not include an Item 19 financial performance representation. That's common — a large share of franchisors disclose nothing here — but it means you should ask for unit-level economics directly during discovery calls. Compare against automotive brands that do disclose one.

Legal history

CLEAR
No bankruptcy disclosures for the franchisor or its officers.
LITIGATION
11 concluded cases plus 3 pending matters (as of 2014 FDD)
NOT DISCLOSED
Non-compete term/radius wasn't separately quantified in the filing excerpt we have on file.

Tell me when Midas Franchise files something new

Franchisors refile every year, and fees, investment ranges and closure counts move between filings. We'll email you when this brand's figures change — nothing else, and never a sales sequence.

Tell me when these brands file something new

Fees change, disclosure documents get refiled, and outlet counts move every year. We'll email you when any of your 1 saved brand changes — Midas Franchise. This is the only time your shortlist leaves your browser, and no franchisor is told you are watching them.

The Factbook Brief

Fee changes, closure-rate movers, and one honest brand teardown. One email a week. We never sell your address — see how we make money.

Common questions

Answered from this brand's own FDD filing. Where the filing is silent, the question is left out rather than answered with a guess.

How much does a Midas Franchise franchise cost?

Midas Franchise's most recent Franchise Disclosure Document puts the total estimated initial investment at $385K–$940K. That is Item 7, which covers everything needed to open — the franchise fee, build-out, equipment, opening inventory and initial working capital. The initial franchise fee itself is $10,000, and is included in that range.

What royalty does Midas Franchise charge?

Midas Franchise charges a continuing royalty of 10% of gross sales, disclosed in Item 6. Royalties are charged on revenue, not profit, so they are owed whether or not the outlet is profitable.

Does Midas Franchise disclose earnings (Item 19)?

No. Midas Franchise makes no financial performance representation in its FDD. Item 19 is the only optional item under the FTC Franchise Rule, so omitting it is lawful and common — but it means the franchisor publishes no revenue or profit figures for its outlets, and any figure quoted elsewhere is not from the filing.

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No changelog entries yet.

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Costs about the same in this category

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Facts on this page are sourced from Midas Franchise's Franchise Disclosure Document.

Item 5 fee is the standard new-franchisee fee; 2014 FDD also disclosed reduced fees of $20,000-$25,000 and fee waivers under conversion/veteran/existing-owner incentive programs. Item 7 total is for a new 8-bay shop (conversion range was $74,130-$419,520 in the 2014 FDD). Item 19: the 2014 FDD explicitly stated no financial performance representation was provided, but the (undated, likely more recent) sharpsheets.io summary cites a $1,080,000 average unit volume, suggesting Midas may have since begun disclosing Item 19 data; this conflict is flagged rather than resolved. As of March 31 2014, the FDD showed 1,072 U.S. franchised shops open plus 87 co-branded and 824 international shops, but no structured opened/closed/terminated table was in the fetched excerpt, so item20_by_year is left empty.