RimTyme vs Midas
Franchise Comparison 2026
Both RimTyme and Midas are automotive franchises. RimTyme requires an investment of $473K – $802K while Midas requires $342K – $925K. Midas discloses average revenue of $1.2M; RimTyme makes no financial performance representation in its Item 19, which is voluntary under the FTC Franchise Rule. Midas has SBA lending data on file with a 13.3% charge-off rate. FranchiseVerdict rates RimTyme D (Below average) and Midas A (Strongest tier).
| Metric | RimTyme | Midas |
|---|---|---|
| Verdict Grade | DBelow average | AStrongest tier |
| Investment Range | $473K – $802K | $342K – $925K |
| Franchise Fee | $15KConditional fee | $35K |
| Royalty Rate | 4.0% | 10.0% |
| Average Revenue (Item 19) | N/ANo Item 19 representation | $1.2M |
| SBA Charge-Off Rate | N/A | 13.3% (451 loans) |
| Total Units | 29 | 1,031 |
| Unit Growth (YoY) | -9 units | +8 units |
| Year Began Franchising | 2007 | 1956 |
| FDD Year | 2025 | 2025 |
Investment Range
$473K – $802K
$342K – $925K
Franchise Fee
$15KConditional fee
$35K
Royalty Rate
4.0%
10.0%
Average Revenue (Item 19)
N/ANo Item 19 representation
$1.2M
SBA Charge-Off Rate
N/A
13.3% (451 loans)
Total Units
29
1,031
Unit Growth (YoY)
-9 units
+8 units
Year Began Franchising
2007
1956
FDD Year
2025
2025