Yes. Midas will be there to assist you, but you will own and operate the business.
No. As the franchise owner you will employ people to do the mechanical work for you. Some mechanical or automotive industry experience would be an asset, but it’s not essential.
A turn-key Midas operation that is ready to operate, including the right to the Midas name and business system for the term of the franchise (10 years). You’ll be given an exclusive trading area from which to draw your customer base, free from competition from other Midas franchises.
A monthly royalty fee of 7.5% of turnover and a contribution to the advertising fund of 5% of turnover.
No. Most locations are leased by Midas and the franchisee has a license to occupy from Midas.
Usually in the range of $10,000.
Yes. It is integral that you choose the right people for your team.
Yes. In fact, we encourage this.
Subject to an approved purchaser you will enjoy any profits generated as a result of a future sale of your franchise. Unlike many other franchise systems Midas does not take a percentage of the selling price.
“Midas’ professionalism is what separates it from other mechanic shops. The Head Office is great at dealing with customers, issues with suppliers, and any other problems that might arise. They’re always there to back you up and provide any support you might need.”
Danny – MIDAS Bass Hill