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81. Midas

Last Year's Rank: 78

Investment Range: $181,650 - $459,587

Initial Franchise Fee: $30,000

Category: Automotive

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Company Description

Midas is one of the world’s largest providers of automotive services, offering brake, maintenance, tires, exhaust, steering, oil change and suspension services.

Founded in 1956, Midas serves individual vehicle owners as well as nationwide vehicle fleets. The Midas brand is owned by parent company TBC Corporation, which also owns auto brands Tire Kingdom and National Tire Wholesale. Midas also owns auto service business SpeeDee Oil & Auto Service.

Company Statistics

Global Sales: $1,505,000,000*

US Units: 1,050

International Units: 1,015

Total Units: 2,065

Percent Franchised: 100%

% International Units: 49%

US Franchised Units: 1,050

International Franchised Units: 1,015

Sales Growth %: 0.7%

Unit Growth %: -1.1%

*Franchise Times Estimate

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