FDD-based analysis. Item-level data. No franchisor input.
Midas franchises retail automotive repair and maintenance shops that sell and install parts such as brakes, tires, mufflers and exhaust components, shocks and struts, suspension and steering parts, and batteries, and perform services including brake repair, tire mounting and balancing, wheel alignment, scheduled maintenance, and heating and cooling system work. A franchisee operates a Midas Shop serving the general public of vehicle owners across all income levels, and a co-branded Midas/SpeeDee format is available to existing co-branding franchisees. As of December 31, 2025, there were 889 franchised Midas Shops in the United States.
Source: Entrepreneur 2026 ranking/profile data and Franchise Disclosure Document, rewritten by Zorzee
Every value here comes straight from the FDD; anything not yet source-verified stays blank rather than estimated. The Pro figures and full interpretation unlock with a Pro membership.
Every data point Zorzee tracks for this brand, in FDD Item order. Missing source data stays blank; Pro-only interpretation remains locked.
| Item | Data Point | Value | Source |
|---|---|---|---|
| Item 3 | Litigation Actions (total) | 3 actions disclosed | FDD Item 3 |
| Item 5 | Initial Franchise Fee | The Initial Franchise Fee is $35,000 (Item 5, p.16). | FDD Item 5 |
| Item 5 | Development Fee | No separate development fee disclosed in extracted Item 5 body. | FDD Item 5 |
| Item 6 | Royalty Fee | Standard royalty is 10% of Net Revenue. Reduced rates apply to tires (6%), batteries (2%), and Exempt Sales (0%); certain SpeeDee co-brand shops can reach 11% of SpeeDee Net Revenues. Item 6, FDD pp.20, 25-26. | FDD Item 6 |
| Item 6 | National Media Fund | Pro | FDD Item 6 |
| Item 6 | Corporate Ad & Development Fund | Pro | FDD Item 6 |
| Item 6 | Total Ongoing Fee Burden | Pro | Calculated (Item 6) |
| Item 7 | Total Investment (low) | $385,450 | FDD Item 7 |
| Item 7 | Total Investment (high) | $940,050 | FDD Item 7 |
| Item 8 | Required Purchases (food/supplies) | Pro | FDD Item 8 |
| Item 11 | Franchisor Assistance | Pro | FDD Item 11 |
| Item 12 | Exclusive Territory | Pro | FDD Item 12 |
| Item 12 | Territory Size | Pro | FDD Item 12 |
| Item 15 | Operating Participation | Pro | FDD Item 15 |
| Item 17 | Initial Term Length | Pro | FDD Item 17(a) |
| Item 17 | Renewal Terms | Pro | FDD Item 17(b)-(c) |
| Item 17 | Required Remodel at Renewal | Pro | FDD Item 17(c) |
| Item 17 | Termination Triggers | Pro | FDD Item 17(f)-(h) |
| Item 17 | Transfer Fee | Pro | FDD Item 17(m), Item 6 |
| Item 17 | ROFR Provisions | Pro | FDD Item 17(n) |
| Item 17 | Post-Termination Non-Compete | Pro | FDD Item 17(r) |
| Item 19 | Revenue Metric Disclosed | Disclosed (no combined average): Midas Item 19 discloses Average Gross Revenue by quartile only; no combined systemwide figure is disclosed. | FDD Item 19 |
| Item 20 | Total Franchised Units (2024) | 56 | FDD Item 20 |
| Item 20 | Company-Owned Units (2024) | 0 | FDD Item 20 |
| Item 20 | Total System Net Unit Growth (YoY) | 0 | FDD Item 20 |
| Item 20 | Terminations | Pro | FDD Item 20 |
| Item 20 | Agreements Signed, Not Yet Open | Pro | FDD Item 20 |
| Item 21 | Audited Financials | Pro | FDD Item 21 |
Each signal turns one part of the filing into a read a buyer can act on. Strength means the disclosed data is favorable. In Line means it is typical for the category. Deal-Specific means the term is populated but you still have to model it against your own deal. Concern means the disclosed data is a real risk. The read is free. The reasoning behind it is the Pro read.
Midas has Unit Economics data in Item 19, but it does not provide one standard combined unit figure for Free to display. The disclosed cohorts, tiers, ranges, coverage, and read are included in Pro.
The disclosed cohorts, tiers, ranges, coverage, and read are included in Pro. No combined figure is invented or exposed on Free.
Midas trajectory is shown only where source-backed. Missing Item 20 fields stay blank inside the locked layout instead of removing the section.
Source: FDD Item 20 where present. Total system units, franchised plus company-owned. Not financial advice.
3 actions disclosed in FDD Item 3. Case-level detail remains locked in Pro.
Zorzee editorial. Independent analysis. No franchisor review or approval. Not financial advice.
The filing tells you what Midas costs to open. Pro adds the read on whether the numbers work for you, in your market, and whether this brand is a business or a job you bought.
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A Midas franchise costs $385,450 to $940,050 to open, disclosed in FDD Item 7 of the 2026 filing, covering the franchise fee, buildout, equipment, and working capital to breakeven. No commissions, no franchisor revenue, independent analysis only.
Midas uses a Variable fee model fee structure, disclosed in FDD Item 6.
No Item 19 earnings figure is disclosed for Midas in its 2026 FDD, so there is no franchisor-stated revenue number to read.
Midas's FDD Item 3 discloses 3 legal actions. A raw count means little without scale and time, so weigh it against the system's 56 units and the years covered. The case-level detail is the Pro read.
Zorzee does not rate franchises good or bad; it reports what the filing discloses so you can judge fit. Midas shows Deal-Specific reads on Fee Structure, Operator Validation, and Term & Exit Terms, Strength on Unit Economics, In Line on Litigation History. Whether it fits depends on your capital, your market, and your operating style. Independent analysis, no franchisor revenue.