Midas vs Saf-T Auto Centers Franchise Comparison

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

Start-Up Costs and Fees

 
Midas Franchise
Saf-T Auto Centers Franchise
Investment $198,650 - $539,512$85,000 - $100,000
Franchise Fee $35,000$15,000
Royalty Fee 10%$500/mo.
Advertising Fee included-
Year Founded 19561978
Year Franchised 19561986
Term Of Agreement 20 years10 years
Term Of Agreement 20 years10 years
Renewal Fee 50% of franchise fee-


Business Experience Requirements

 
Midas Franchise
Saf-T Auto Centers Franchise
Experience
  • General business experience
  • Financially capable

  • Industry experience

  • Financing Options

     
    Midas Franchise
    Saf-T Auto Centers 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/Yes
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    Midas Franchise
    Saf-T Auto Centers Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluationsNewsletter, 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, 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.

    International franchisees required to buy multiple units/master licenses; 0% of all franchisees own more than one unit

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


    Expansion Plans

     
    Midas Franchise
    Saf-T Auto Centers Franchise
    US Expansion --
    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 Saf-T Auto Centers

    Founded in 1978, SAF-T Auto Centers are providing auto technicians a means to earn an independent living doing what they do best - repair cars.