How Much Does a Midas Franchise Owner Make?
Midas franchise owners earn approximately $130,000–$195,000 annually per location based on an average AUV of approximately $1.3M and net margins of 10–15% after Midas’s 10% combined royalty and advertising fee. Midas is owned by TBC Corporation (Sumitomo) — the same parent as Big O Tires and NTB. With ~1,200 US locations and the highest brand recognition in the muffler and brake segment, Midas has successfully expanded from its muffler legacy into full automotive repair, significantly broadening the revenue per car opportunity.
Key Takeaways
- Midas franchise owners earn approximately $130,000–$195,000 annually based on FDD income data
- 5% royalty plus advertising fund fees
- Always validate income estimates with current FDD Item 19 data and franchisee contacts
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Midas Quick Stats
| Metric | Value |
|---|---|
| Estimated AUV | ~$1,200,000–$1,300,000 |
| Item 19 Disclosure | Yes — avg, median, quartile by revenue and P&L (347 units, 2023) |
| Estimated Owner Income | $130K–$195K per location |
| Royalty Rate | 5% of gross sales |
| Ad Fund | ~5% of gross sales |
| Total Fee Burden | ~10% |
| Initial Investment | $264K–$583K |
| Franchise Fee | $35,000 (new) / $17,500 (conversion) |
| Parent Company | TBC Corporation (Sumitomo) |
| US Locations | ~1,200 |
| Avg Payback Period | 4–7 years |
How Much Does a Midas Franchise Owner Make Per Year?
Midas’s 2024 FDD Item 19 discloses revenue and full P&L data for 347 shops (2023 full-year data) — one of the more transparent cost disclosures in the auto service segment. At an estimated AUV of $1.2M–$1.3M:
| AUV Tier | Est. Net Margin (10–15%) | Est. Owner Income |
|---|---|---|
| $800K (smaller markets) | 8–10% | $64K–$80K |
| $1.1M (below avg) | 10–12% | $110K–$132K |
| $1.3M (avg est.) | 10–15% | $130K–$195K |
| $1.7M+ (top quartile) | 12–16% | $204K–$272K |
Methodology: Midas 2024 FDD Item 19 includes detailed P&L for 347 reporting shops. 10–15% net margin applied after 10% combined royalty+ad, ~28% COGS (parts), ~30% labor, and ~8% occupancy. CT Acquisitions confirms: “Midas and Meineke need less capital but produce lower unit volumes” vs. Christian Brothers at $2.1M AUV — valid tradeoff for first-time operators. Always consult the current FDD.
Midas vs. Competitors
| Brand | AUV | Total Fees | Investment | Est. Owner Income |
|---|---|---|---|---|
| Midas | ~$1.3M | ~10% | $264K–$583K | $130K–$195K |
| Meineke | ~$850K–$1.1M | ~11% | $197K–$409K | $75K–$132K |
| Jiffy Lube | $1.084M | 12% | $232K–$453K | $94K–$113K |
| Christian Brothers | $2.1M | ~11% | $300K–$750K | $210K–$315K |
Midas’s recognized brand in brakes and mufflers provides consumer trust that independent shops lack. For full FDD data, visit FranchisePayback.com.
Frequently Asked Questions About Midas Franchise Owner Income
What is a Midas franchise owner’s average income?
Based on an estimated AUV of $1.2M–$1.3M and net margins of 10–15%, a Midas franchise owner earns approximately $130,000–$195,000 annually per location. The 2024 FDD Item 19 P&L disclosure for 347 shops provides detailed cost benchmarks for validating these estimates.
Is Midas a good franchise investment?
Midas is a solid mid-tier auto service franchise with high brand recognition, a conversion-friendly entry (independent shops can convert for $17,500 franchise fee), and a broad full-service menu. The 10% total fee burden is in line with the segment. Christian Brothers Automotive offers higher AUV ($2.1M) for operators with more capital.
What is the payback period for a Midas franchise?
At $264K–$583K investment and $130K–$195K annual income, the payback period is approximately 4–7 years. Conversion operators (lower entry cost) can achieve 2–4 year payback.
Where can I find Midas FDD data?
Full FDD data and disclosure details for Midas are available at FranchisePayback.com.
Bottom Line: Is a Midas Franchise Worth It?
Midas offers recognized brand equity in a necessity-based automotive category with a transparent Item 19 P&L disclosure. At $1.2M–$1.3M estimated AUV and 10% fees, the unit economics are solid for well-located, well-managed shops. The conversion option ($17,500 franchise fee for existing auto shops) is underutilized — a strong entry point for current shop owners who want brand infrastructure.
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— SharpSheets Editorial Team | sharpsheets.io | Last Updated: July 2026