Total investment:

$ 181,650

Franchise fee:

$ 30,000

Royality fee:

Monthly marketing payment :

$ 0

Number of franchises

Return

Time period

Revenue:

$ 12 000*

* Calculator calculations are provisional, not guaranteed

MAIN INFORMATION

Foundatoin year: 1954

Year of franchising: 1956

Company units:

Franchise units: 2020

Total number of units:

Number of employees per unit: 9

Contract period: 60 month

FRANCHISE ONLINE

WEBSITE

Midas offers repair and maintenance services on shock absorbers, brakes, tires, batteries, radiators, heating and cooling systems etc. The company was founded in 1956 in Macon, Georgia by Nate Sherman. It also provides franchise opportunities. As of 2018, Midas operates more than 2000 franchised locations worldwide.

On-The-Job Training: 100 – 120 hours
Classroom Training: 40 – 72 hours
Additional Training: In-shop assignment

Net-worth Requirement: $250,000
Liquid Cash Requirement: $75,000


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