Midas vs Milex Complete Auto Care Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Midas vs Milex Complete Auto Care including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Midas Franchise
Milex Complete Auto Care Franchise
Investment $198,650 - $539,512$197,457 - $296,767
Franchise Fee $35,000$35,000 - $45,000
Royalty Fee 10%7%
Advertising Fee included1%
Year Founded 19561978
Year Franchised 19561979
Term Of Agreement 20 years20 years
Term Of Agreement 20 years20 years
Renewal Fee 50% of franchise fee$2.5K


Business Experience Requirements
 
Midas Franchise
Milex Complete Auto Care Franchise
Experience
  • General business experience
  • Financially capable

  • General business experience
  • Marketing skills
    		•

    Financing Options
     
    Midas Franchise
    Milex Complete Auto Care Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs No/NoNo/Yes
    Equipment No/NoNo/Yes
    Inventory No/NoNo/Yes
    Receivables No/NoNo/Yes
    Payroll No/NoNo/Yes

    Training & Support
     
    Midas Franchise
    Milex Complete Auto Care Franchise
    Training -On-Site and Classroom Training: During your hands-on training, you'll learn firsthand about how the business works. You'll interface with employees and customers. You'll watch the selling process in action. You become familiar with the business, inside and out. *Proven Business Systems Implementation *Financial Management Training *Lead Generation System Training *Personnel and Safety Systems *Customer Relations Training *Marketing and Sales Development *Business to Business Sales Training and Programs
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluationsPre-Opening Support Services: *Site Selection Assistance *Lease Negotiation Assistance *Third Party Financing Relationships (including SBA) *New Business Start-Up Planning Ongoing Support Services and Franchisee Assistance: *Technical Assistance "Hot-Line" *Lead Generation Programs *Supplier Relationships *System Wide Intranet *National Warranty Program *Customer Financing Programs *National Fleet Programs *Human Resources and Personnel Consultation *Custom Designed Computer Software *Business Performance Analysis
    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingCo-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    Operations 50% of all franchisees own more than one unit

    Number of employees required to operate - 9

    Absentee ownership of franchise is NOT allowed.

    Number of employees needed to run franchised unit: 3 - 4

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    Expansion Plans
     
    Midas Franchise
    Milex Complete Auto Care Franchise
    US Expansion -Yes
    Canada Expansion NoNo
    International Expansion YesYes

    Company Overviews

    About Midas

    In 1956 Nate H. Sherman founded Midas to service mufflers and other exhaust system parts. Within a year, 100 Midas shops had been opened in 40 states. Today, Midas services shock absorbers, brakes, tires, batteries, radiators and heating and cooling systems. The company also manufactures and distributes parts for brakes, steering-suspension, muffler and exhaust systems.

    "Top  ""  "Entrepreneur
    #84 in Canada's Top franchises.

    "franchiserankingscom"
    #62 on Franchise Rankings.com
    #199 in Franchise 500 for 2020.
    #111 in Franchise 500 for 2021.







    About Milex Complete Auto Care

    Milex has a solid 40 year reputation for providing honest and professional automotive care for a reasonable price.
    * Specializing in general automotive repair and maintenance, Milex Services include engine maintenance and repair, brakes, air conditioning, tune-ups, steering and suspension, cooling system, computer diagnostics and more.
    * Ranked as one of the top 50 oil change plus chains in National Oil Lube& News.

     Consistently ranked in Franchise Times Top 100 Up and Coming Franchises and also honored as a Top Military Friendly Franchise by GI Jobs Magazine.

    The total investment necessary to begin operation of a Mr. Transmission franchised business ranges from $203,613 to $260,873. This includes $46,188 that must be paid to the franchisor or affiliate.
    The total investment necessary to begin operation of a Milex Complete Auto Care franchised business ranges from $197,457 to $265,860. This includes $46,188 that must be paid to the franchisor or affiliate.
    The total investment necessary to begin operation of a Mr. Transmission and Milex Complete Auto Care co-branded franchised business ranges from $228,364 to $296,767. This includes $56,188 that must be paid to the franchisor or its affiliate.
    Veteran Incentives  $5,000 off franchise fee

    "Entrepreneur
    #481 in Franchise 500 for 2020.