Midas vs Kwik Kar
Franchise Comparison 2026
Both Midas and Kwik Kar are automotive franchises. Midas requires an investment of $342K – $925K while Kwik Kar requires $291K – $917K. In terms of revenue, Kwik Kar reports higher average unit revenue at $1.7M. On SBA loan performance, Kwik Kar has a lower charge-off rate (7.7%) compared to Midas (13.3%). FranchiseVerdict rates Midas A (Strongest tier) and Kwik Kar B (Above average).
| Metric | Midas | Kwik Kar |
|---|---|---|
| Verdict Grade | AStrongest tierStrongest tier | BAbove averageAbove average |
| Investment Range | $342K – $925K | $291K – $917K |
| Franchise Fee | $35K | $40K |
| Royalty Rate | 10.0% | 6.0% |
| Average Revenue (Item 19) | $1.2M | $1.7M |
| SBA Charge-Off Rate | 13.3% (451 loans) | 7.7% (43 loans) |
| Total Units | 975 | 26 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 1956 | 2024 |
| FDD Year | 2025 | 2025 |
Investment Range
$342K – $925K
$291K – $917K
Franchise Fee
$35K
$40K
Royalty Rate
10.0%
6.0%
Average Revenue (Item 19)
$1.2M
$1.7M
SBA Charge-Off Rate
13.3% (451 loans)
7.7% (43 loans)
Total Units
975
26
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
1956
2024
FDD Year
2025
2025