 Midas4300 TBC Way
Palm Beach Gardens
FL, United States, 33410
COMPANY DETAILS
Year business established: 1954
Date of first franchise: 1956
Membership: CFA, IFA
Other franchise systems offered: No
Full Time work: Yes
Part Time work: No
Home-based: No
Special skills buyer requires: N/A
Initial training offered: Yes
Initial training includes:
Our team of professionals will provide training for various aspects of running your franchise: supervising day-to-day operations, solving typical business problems, implementing Midas policies and leading a highly motivated, customer-focused team.
On-going training offered: Yes
On-going training includes:
A wide range of subjects is covered in a variety of media, such as workbooks, manuals, videos and classroom and web-based training.
Location selection assistance offered: Yes
National Advertising Program offered: Yes
Assistance with signage/branding offered: Yes
Store layout and fit-up assistance offered: Yes
Founded in 1956, today Midas has grown to nearly 2,100 locations worldwide. Vehicles consistently perform well even with more than 100,000 miles. Drivers are owning their vehicles longer and driving more. Fittingly, the Midas brand has evolved to that of total car care experts, offering a wide variety of maintenance and repair services to support customers in maintaining their vehicles for as long as possible.
The Midas brand is owned by parent company TBC Corporation, which purchased the franchise system in 2012. In April 2018, Michelin North America acquired a 50% interest in TBC Corporation through a joint venture with Sumitomo Corporation of Americas.
LOCATIONS AVAILABLE
Canada: BC, NT, YT, AB, MB, NU, SK, ON, QC, NB, NL, NS, PE, GVA, GTA, GMA
United States: CT, ME, MA, NH, RI, VT, DE, MD, NJ, NY, PA, AL, AR, FL, GA, KY, LA, MS, NC, SC, TN, VA, WV, IL, IN, IA, KS, MI, MN, MO, NE, ND, OH, SD, WI, AZ, NM, OK, TX, AK, CA, CO, HI, ID, MT, NV, OR, UT, WA, WY, DC
International:
TERRITORY LICENSES AVAILABLE
INVESTMENT REQUIREMENTS (Averages only. Actual amounts may vary due to franchise specifics - location, size, etc.)
Minimum Investment: $242,000
Startup Capital (unencumbered cash): N/A
Maximum Investment: $530,000
Initial Franchise Fee: $35,000
Royalty Fee: 5%
Advertising Fee: 5%
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