Start-Up Costs and Fees |
||
| Midas | United Axle | |
| Investment | 198650 - 539512 | 89000 - 999999 |
| Franchise Fee | 0 | |
| Royalty Fee | 10% | |
| Advertising Fee | included | |
| Year Founded | 1956 | 2019 |
| Year Franchised | 1956 | 2019 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Midas | United Axle | |
| Experience | General business experience Financially capable | |
Financing Options |
||
| Midas | United Axle | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Midas | United Axle | |
| 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 | United Axle | |
| 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 | |
| United Axle | |
| Franchise Fee | |
| Midas | |
| United Axle | |
| Royalty Fee | |
| Midas | 10% |
| United Axle | |
| Advertising Fee | |
| Midas | included |
| United Axle | |
| Year Founded | |
| Midas | 1956 |
| United Axle | 2019 |
| Year Franchised | |
| Midas | 1956 |
| United Axle | 2019 |
| Term Of Agreement | |
| Midas | 20 years |
| United Axle | |
| Renewal Fee | |
| Midas | 50% of franchise fee |
| United Axle | |
Business Experience Requirements |
|
| Experience | |
| Midas | General business experience Financially capable |
| United Axle | |
Financing Options |
|
| Franchise Fees | |
| Midas | No |
| United Axle | No |
| Start-up Costs | |
| Midas | |
| United Axle | |
| Equipment | |
| Midas} | |
| United Axle | |
| Inventory | |
| Midas | |
| United Axle | |
| Receivables | |
| Midas | |
| United Axle | |
| Payroll | |
| Midas | |
| United Axle | |
Training & Support |
|
| Training | |
| Midas | |
| United Axle | |
| Support | |
| Midas | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| United Axle | |
| Marketing | |
| Midas | Co-op advertising, Ad slicks, National media, Regional advertising |
| United Axle | |
| 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. |
| United Axle | |
Expansion Plans |
|
| US Expansion | |
| Midas | |
| United Axle | 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 | |
| United Axle | |
| International Expansion | |
| Midas | Canada, |
| United Axle | |