Start-Up Costs and Fees |
||
| Midas | Quick Lane Tire & Auto Center | |
| Investment | 198650 - 539512 | 282150 - 1820100 |
| Franchise Fee | 0 | |
| Royalty Fee | 10% | |
| Advertising Fee | included | |
| Year Founded | 1956 | 2017 |
| Year Franchised | 1956 | 2017 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Midas | Quick Lane Tire & Auto Center | |
| Experience | General business experience Financially capable | |
Financing Options |
||
| Midas | Quick Lane Tire & Auto Center | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Midas | Quick Lane Tire & Auto Center | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | 50% of all franchisees own more than one unit Number of employees required to operate - 9 Absentee ownership of franchise is NOT allowed. | |
Expansion Plans |
||
| Midas | Quick Lane Tire & Auto Center | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion | Canada, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Midas | |
| Quick Lane Tire & Auto Center | |
| Franchise Fee | |
| Midas | |
| Quick Lane Tire & Auto Center | |
| Royalty Fee | |
| Midas | 10% |
| Quick Lane Tire & Auto Center | |
| Advertising Fee | |
| Midas | included |
| Quick Lane Tire & Auto Center | |
| Year Founded | |
| Midas | 1956 |
| Quick Lane Tire & Auto Center | 2017 |
| Year Franchised | |
| Midas | 1956 |
| Quick Lane Tire & Auto Center | 2017 |
| Term Of Agreement | |
| Midas | 20 years |
| Quick Lane Tire & Auto Center | |
| Renewal Fee | |
| Midas | 50% of franchise fee |
| Quick Lane Tire & Auto Center | |
Business Experience Requirements |
|
| Experience | |
| Midas | General business experience Financially capable |
| Quick Lane Tire & Auto Center | |
Financing Options |
|
| Franchise Fees | |
| Midas | No |
| Quick Lane Tire & Auto Center | No |
| Start-up Costs | |
| Midas | |
| Quick Lane Tire & Auto Center | |
| Equipment | |
| Midas} | |
| Quick Lane Tire & Auto Center | |
| Inventory | |
| Midas | |
| Quick Lane Tire & Auto Center | |
| Receivables | |
| Midas | |
| Quick Lane Tire & Auto Center | |
| Payroll | |
| Midas | |
| Quick Lane Tire & Auto Center | |
Training & Support |
|
| Training | |
| Midas | |
| Quick Lane Tire & Auto Center | |
| Support | |
| Midas | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Quick Lane Tire & Auto Center | |
| Marketing | |
| Midas | Co-op advertising, Ad slicks, National media, Regional advertising |
| Quick Lane Tire & Auto Center | |
| Operations | |
| Midas | 50% of all franchisees own more than one unit Number of employees required to operate - 9 Absentee ownership of franchise is NOT allowed. |
| Quick Lane Tire & Auto Center | |
Expansion Plans |
|
| US Expansion | |
| Midas | |
| Quick Lane Tire & Auto Center | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Midas | |
| Quick Lane Tire & Auto Center | |
| International Expansion | |
| Midas | Canada, |
| Quick Lane Tire & Auto Center | |