Midas vs America's Fleet Service Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Midas vs America's Fleet Service including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Midas Franchise
America's Fleet Service Franchise
Investment $198,650 - $539,512$90,000
Franchise Fee $35,000$12,500
Royalty Fee 10%8%
Advertising Fee included-
Year Founded 19561992
Year Franchised 19562004
Term Of Agreement 20 years20 years
Term Of Agreement 20 years20 years
Renewal Fee 50% of franchise fee20% of then-current fee


Business Experience Requirements
 
Midas Franchise
America's Fleet Service Franchise
Experience
  • General business experience
  • Financially capable

  • General business experience
  • Mechanical skills
    		•

    Financing Options
     
    Midas Franchise
    America's Fleet Service Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/NoNo/No
    Equipment No/NoNo/Yes
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    Midas Franchise
    America's Fleet Service Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluationsNewsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingCo-op advertising, Ad slicks
    Operations 50% of all franchisees own more than one unit

    Number of employees required to operate - 9

    Absentee ownership of franchise is NOT allowed.

    		 Franchise can be run from home.

    Number of employees needed to run franchised unit: 1

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    Expansion Plans
     
    Midas Franchise
    America's Fleet Service Franchise
    US Expansion -Yes
    Canada Expansion NoNo
    International Expansion YesNo

    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 America's Fleet Service

    We offer comprehensive preventive maintenance (PM) program and minor repairs/corrective maintenance. Our recommended standard preventive maintenance (PM) service has been developed using industry standards, manufacturer specifications and recommendations, and years of experience. This the routine maintenance and inspection program. We can also custom the PM to match your companies requirements or program. In our free consultation we generally discuss PM frequency recommendations based on how you use your fleet and its age and condition, driving patterns, and even environmental conditions. We service light trucks (pickups and vans) through class 8 vehicles including: Tractor and trailers Light, Medium, and Heavy Trucks Refrigeration units Off-road and construction equipment and vehicles Diesel, gas, and propane engines Cranes, lifts, booms, Redi-mix, utility, chippers, pony and auxiliary equipment Light trucks, vans, box trucks, pickups and other vehicles