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TBC Midas
United States
Available in: United States, Australia
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Unique Selling Points
- 5. Special Incentives for Veterans and First Responders: Midas offers significant discounts on franchise fees for honorably discharged veterans and eligible first responders, making it more accessible for these individuals to start their businesses.
- 2. Comprehensive Support and Training: Franchisees receive extensive pre-opening training, ongoing support, and access to Midas' sophisticated marketing strategies. This includes local and national advertising efforts, point-of-sale systems, and training in inventory management, customer service, and more.
- 4. Innovative Business Practices: Midas stays ahead of industry trends with practices like predictive maintenance and the use of advanced technologies such as 3D printing, positioning franchises to meet future demands efficiently.
- 6. Robust Market Presence: Operating in a recession-resistant industry with over 1,900 locations worldwide, Midas franchises benefit from the brand's extensive experience and proven business model, making it easier to attract and retain customers.
- 1. Trusted Brand: Midas has been serving customers since 1956, earning a reputation for excellent customer service and quality auto care. It's a well-recognized brand, ranked #1 in Auto Service by Entrepreneur Franchise 500 for 2023.
- 3. Multiple Revenue Streams: Midas franchises benefit from diverse revenue opportunities, including brake repair, oil changes, tire replacement, and other maintenance services. The brand also provides access to national fleet accounts and a large distribution network, enhancing potential income sources.
Downloadable Items
Brief Brand Introduction
Display brand information as:
| Year of Establishment | 1956 |
|---|---|
| Number of Outlets | 2 |
| Franchise Option | MF |
| Franchise Fee | |
| Royalty
|
|
| Initial Marketing Fund To be paid to Franchisor in the franchise setup phase. |
|
| Marketing Fund A fixed amount or percentage of revenue to be allocated for marketing initiatives in franchisees' territories. |
|
| Other fees | |
| Franchise Term | |
| Development Schedule | |
| Outlet Size
Minimum requirement of a franchised store |
|
| Preferred Franchise Location | |
| CAPEX needed | USD 3,000,000 |
| Year of Establishment | 1956 |
|---|---|
| Number of Outlets | 2 |
| Franchise Option | AF |
| Franchise Fee | |
| Royalty
|
|
| Initial Marketing Fund To be paid to Franchisor in the franchise setup phase. |
|
| Marketing Fund A fixed amount or percentage of revenue to be allocated for marketing initiatives in franchisees' territories. |
|
| Other fees | |
| Franchise Term | |
| Development Schedule | |
| Outlet Size
Minimum requirement of a franchised store |
|
| Preferred Franchise Location | |
| CAPEX needed | USD 3,000,000 |
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