Midas franchise
Midas runs car repair shops for brakes, exhaust, tires, oil changes and general maintenance. It is part of Mavis, which also supplies tires to the shops. At the end of 2025 there were 1,000 Midas locations in the US, 889 franchised and 111 company-owned.
- Cost to open
- $385K–$940K
- Franchise fee
- $35,000
- Royalty
- 2–10%
- Locations, 2025
- 1,000−82 in 3 yrs
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Company snapshot
- Franchisor based in
- Palm Beach Gardens, Florida
- Time to open
- Must open within 12 months of site approval
- Agreement length
- 20 years
- Territory
- No exclusive territory
- Financing
- Introductions to lenders
From Midas International, LLC’s 2026 filing.
How much a Midas franchise costs
Opening a new 8-bay Midas shop costs an estimated $385,450 to $940,050. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: Midas International, LLC, 2026 filing, page 30
Midas franchise fee
The franchise fee is $35,000, the standard fee ($17,500 when converting an independent shop). You pay it when you sign the franchise agreement.
Source: Midas International, LLC, 2026 filing, page 16
Royalty and ongoing fees
| Royalty | 2% to 10% of net revenue (up to 11% for some co-branded shops), paid monthly. |
|---|---|
| Brand or marketing fund | 4% of gross sales |
Source: Midas International, LLC, 2026 filing, page 20
Sales and earnings
Shares figures Midas publishes sales or earnings figures for its locations: it reports 2025 gross revenue by quartile for the 856 franchisees open all year; the top quarter averaged $2,141,832. The full tables, with notes on which locations are counted, are in its filing.
Source: Midas International, LLC, 2026 filing, page 75
Locations opened and closed
| Year | Franchised | Company-owned | Closed |
|---|---|---|---|
| 2023 | 972 (+1) | 0 | 14 |
| 2024 | 975 (+3) | 0 | 6 |
| 2025 | 889 (−86) | 111 | 119 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
Source: Midas International, LLC, 2026 filing, page 77
How Midas compares
Of the 10 auto repair franchises on this site, Midas is the 6th cheapest to open and the 4th largest by number of locations.
| Measure | Midas | Typical auto repair |
|---|---|---|
| Cost to open, low end | $385K | $318K |
| Closed or left per year | 4.8% | 1.2% |
| Change in franchised locations, 3 yrs | −8.4% | +13.9% |
| Shares earnings figures | Yes | 10 of 10 |
Typical is the median across the 10 brands in auto repair franchises.
Other auto repair franchises
Midas franchise questions
How long does it take to open a Midas?
Must open within 12 months of site approval, according to Midas's 2026 filing. Finding a site, permits and build-out are what usually stretch it.
Does Midas help with financing?
Not directly. Midas points buyers to outside lenders it works with, but the loan is between you and the lender.
Do Midas franchisees get a protected territory?
No. Midas grants the right to run one location but no exclusive area, so another Midas can open nearby.
How long is a Midas franchise agreement?
The initial term is 20 years. Renewal is usually possible if you're in good standing, often for a fee and a remodel.
Is Midas growing or shrinking?
Over the last 3 years 57 franchised locations opened and 139 closed or left, a net change of −8.4%. About 4.8% of locations closed or left each year. That is above the 1.2% typical for auto repair franchises.
How does Midas compare with other auto repair franchises?
Of the 10 auto repair franchises here, Midas is the 6th cheapest to open (low end $385K against a $318K median) and the 4th largest by number of locations.
Does Midas say how much franchisees make?
Yes: it reports 2025 gross revenue by quartile for the 856 franchisees open all year; the top quarter averaged $2,141,832. Your results can differ; the filing explains which locations are counted.
Where is Midas based?
Midas International, LLC is based in Palm Beach Gardens, Florida.