Midas FDD Summary
Type of Business
The franchise is to operate an automotive maintenance and service center called a Midas Shop, which sells and installs, in a retail environment, motor vehicle exhaust systems, brake components, suspension parts, heating and cooling system parts, tires and batteries and other motor vehicle parts, performs services in connection with these sales, and performs general and scheduled vehicle maintenance services.
Corporate Information
Midas International Corporation is a corporation incorporated under the laws of Delaware on September 11, 1959. The principal business address of Midas is 4300 TBC Way, Palm Beach Gardens, Florida 33410.
Investment
The total investment necessary to begin operation of a new 8-bay Midas Shop franchise ranges between $184,130 and $433,097. This includes between $75,150 to $268,797 that may be paid to the franchisor or its affiliates. The total investment necessary to convert an operating or previously operated automotive repair facility to a Midas Shop ranges between $73,130 and $436,097. This includes between $150 to $268,797 that may be paid to the franchisor or its affiliates.