Midas vs Certigard Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Midas vs Certigard including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$198,650 - $539,512 | $75,000 |
Franchise Fee |
$35,000 | $25,000 |
Royalty Fee |
10% | 5% |
Advertising Fee |
included | 2% |
Year Founded |
1956 | 1987 |
Year Franchised |
1956 | - |
Term Of Agreement |
20 years | - |
Term Of Agreement |
20 years | - |
Renewal Fee |
50% of franchise fee | - |
Business Experience Requirements |
Experience |
General business experience Financially capable | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | -/- |
Start-up Costs |
No/No | -/- |
Equipment |
No/No | -/- |
Inventory |
No/No | -/- |
Receivables |
No/No | -/- |
Payroll |
No/No | -/- |
Training & Support |
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 |
US Expansion |
- | - |
Canada Expansion |
No | No |
International Expansion |
Yes | No |
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.
#84 in Canada's Top franchises.
#62 on Franchise Rankings.com
#199 in Franchise 500 for 2020.
#111 in Franchise 500 for 2021.
About Certigard
Petro-Canada's national car repair franchise, offering terms up to 10 years.
Opening a Certigard franchise through the Petro-Canada network of
automotive repair and maintenance companies is relatively
inexpensive compared to other similar franchise opportunities. The total
investment required by a new franchisee is $75,000, with $25,000 of
that initial investment going toward the franchise fee requirement.
Certigard franchisees are also required to pay an ongoing royalty fee of
5% per month based on gross sales, as well as a 2% per gross sales
advertising fee that will allow the Petro-Canada firm to advertise both
on a national and a international level. The Certigard automotive repair
and maintenance franchise company opened in 1975, began franchising in
1987 and has been franchising ever since.
Proven bay management system, enhanced customer service techniques, local and national advertising programs, national warranty network and ongoing field support. When you become a Petro-Canada retailer, independent owner, or wholesale
distributor, you become part of our Canadian team and iconic brand.