Midas

Franchise Information

Source: File #29927

FDD Issued: Jun 29, 2022

Extracted: Feb 20, 2026

Franchisor Details

Name: MIDAS INTERNATIONAL, LLC

Parent: TBC Retail Group, Inc.

Address: 4300 TBC Way, Palm Beach Gardens, Florida 33410

Phone: (561) 383-3000

Website: www.midasfranchise.com www.midas.com

Franchising Since: 1956

Industry & Qualifications

Industry

Automotive

Veteran Discount

50.0%

Multi-Unit Discount

57.1%

Franchise Fee

$10,000 - $35,000

Royalty

Not disclosed

Total Investment

$199K - $740K

Outlet Information

Total Outlets

970

Franchised

970

Opened (Last Year)

+20

Closed (Last Year)

-27

Churn Breakdown (Last Year)

Terminations

Non-Renewals

Ceased Ops

Transfers

107

Reacquired

Item 19 (Financial Performance)

Disclosed

Part A covers 932 U.S. Midas Shops that operated from January 1, 2020 through De...

Financial Performance (Item 19)

Avg Unit Volume

$1,008,402

Median

$1,049,409

Top 25% Avg

$1,575,574

Bottom 25% Avg

$569,411

Highest

$4,434,812

Lowest

$178,903

% Achieving Avg

42.6%

Sample Size

932 units

Unit Economics

EBITDA

12.7%

Gross Margin

72.7%

Labor Cost

30.1%

COGS

27.3%

Legal History

Litigation: Yes

Midas Canada Inc. v. Corona Systems LP et al. (Case No. VLCS S 097225, Supreme Court of British Colu...

Number	File name	Actions
29927	509904_Franchise__Midas__ND__EFDID__509904_North Dakota_29927.pdf	View · Download
30836	509904_Franchise__Midas__ND__EFDID__509904_North Dakota_30836.pdf	View · Download
38840	450274_Franchise__Midas__NY__EFDID__450274_New York_38840.pdf	View · Download
93013	509487_Franchise__Midas_International__LLC_EFDI_North Dakota_93013.pdf	View · Download
94609	450274_Franchise__Midas__NY__EFDID__450274_New York_94609.pdf	View · Download
97057	380043_Franchise__Midas_International__LLC_EFDI_South Dakota_97057.pdf	View · Download
161402	509487_Franchise__Midas_International__LLC_EFDI_North Dakota_161402.pdf	View · Download
164323	380043_Franchise__Midas_International__LLC_EFDI_South Dakota_164323.pdf	View · Download
172569	380043_Franchise__Midas_International__LLC_EFDI_Virginia_172569.pdf	View · Download
179074	450274_Franchise__Midas__NY__EFDID__450274_New York_179074.pdf	View · Download
244992	560358_Franchise__Midas_International__LLC__SD__South Dakota_244992.pdf	View · Download
245239	450274_Franchise__Midas__NY__EFDID__450274_New York_245239.pdf	View · Download
247463	560369_Franchise__Midas_International__LLC__VA__Virginia_247463.pdf	View · Download
251642	560341_Franchise__Midas_International__LLC__MD__Maryland_251642.pdf	View · Download
255259	560343_Franchise__Midas_International__LLC__ND__North Dakota_255259.pdf	View · Download
266347	560331_Franchise__Midas_International__LLC__IL__Illinois_266347.pdf	View · Download
636958	636958_midas-international--llc.pdf	View · Download
639424	639424_midas-international--llc.pdf	View · Download
639424	WI_639424_midas-international,-llc.pdf	View · Download
1025454003	MN_34439-202506-04_midas-international,-llc.pdf	View · Download
1072935300	MN_31991-202406-03_midas-international,-llc.pdf	View · Download
1269546608	MN_31991-202406-02_midas-international,-llc.pdf	View · Download
1758724381	MN_34439-202506-03_midas-international,-llc.pdf	View · Download

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