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FranchiseVerdict

How Much Does a Midas Franchise Cost?

Data from the 2025 Franchise Disclosure Document

Investment Summary

Total Investment

$342K – $925K

Franchise Fee

$35K

Royalty

10.0%

Ad Fund

Included in the royalty

Cost Breakdown

Initial Franchise Fee

The initial franchise fee for Midas is $35K. This one-time payment covers the right to operate under the brand, access to proprietary systems, and initial training programs.

Total Investment Range

Opening a Midas franchise requires a total investment of $342K – $925K. This range typically includes real estate or leasehold improvements, equipment and fixtures, initial inventory, signage, insurance, and working capital to sustain operations during the ramp-up period.

Working capital alone ranges from $40K to $67K.

Ongoing Costs

Beyond the initial investment, Midas franchisees pay ongoing fees. The royalty fee is 10.0% of gross sales (percentage of Net Revenue). The ad fund contribution is: Included in the royalty.

Net Worth & Liquid Capital Requirements

Midas requires working capital of $40K – $67K to cover initial operating expenses. This is the liquid cash you should have available beyond the franchise fee and buildout costs.

What Can You Earn?

According to Midas's Item 19 financial performance representation:

$1.2MAvg. Gross Sales

Median gross sales: $1.3M

This figure comes from Item 19 of the FDD. Gross sales are not the same as take-home profit. After deducting royalties, ad fund fees, rent, labor, and COGS, net income is typically a fraction of gross revenue.

How Do Banks View Midas?

SBA Loans Issued

118

Default Rate

10.9%

The SBA (Small Business Administration) tracks loan performance for franchise brands. Midas has 118 SBA-backed loans on record. The default rate is 10.9%, which is below the franchise industry average, indicating relatively lower lending risk. A lower default rate generally indicates that lenders view the franchise as a safer investment, though past performance does not guarantee future results.

Next Steps

Talk to current Midas franchise owners

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See full Midas research

Risk analysis, unit growth, contract terms, and more

Compare Midas to similar franchises

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