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| Brand | Midas Automotive Remove |
|---|---|
| Vitals | |
Investment range | $342K – $925K |
Liquid capital | $40K – $67K |
Franchise fee | $35K |
Royalty rate | 10.0% |
Ad fund rate | N/A |
| Performance | |
Avg gross sales | $1.2M |
Median gross sales | $1.3M |
Avg owner earnings Metric varies by brand. Check type below | $175K |
Earnings metric | P&L Bottom Line |
| Risk | |
Rating | ATop Quintile |
Risk score | 21 / 100 |
SBA charge-off rate | 13.3% |
SBA loans on record | 451 |
| Scale | |
Total units | 975 |
Net change (latest yr) | N/A |
Turnover rate | 0.8% |
| Contract | |
Initial term (years) | 20 |
Renewal term (years) | 20 |
Initial training (hrs) | 221 |
| Contacts | |
Franchisee phones | 100 |
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