Midas vs All Tune Transmission Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Midas vs All Tune Transmission including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$198,650 - $539,512 | $150,000 |
Franchise Fee |
$35,000 | $32,000 |
Royalty Fee |
10% | - |
Advertising Fee |
included | - |
Year Founded |
1956 | 1985 |
Year Franchised |
1956 | 1986 |
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 All Tune Transmission
All Tune and Lube, ATL Motor Mate and All Tune Transmissions support includes real estate assistance, dynamic marketing programs and national buying power. In addition, we provide a business system proven to be successful along with comprehensive franchise management training programs. Franchise owners also have the advantage of continuing support from ATL International, Inc. in all facets of the business. It should be noted that with hundreds of successful franchisees nationwide, most have had no prior automotive experience.All Tune and Lube, ATL Motor Mate and All Tune Transmissions is backed by a successful franchise organization, providing our franchise owners the opportunity to achieve the professional and personal satisfaction of owning their own business. Become one of ATL International's franchise owners who understand why the ATL International, Inc. multi-branded franchise concept is the "Fast Track to Success."
If you have decided to be in business for yourself but not by yourself, become an ATL International, Inc. Franchise Owner.
ATL International, Inc. provides extensive business experience tailored to the automotive aftermarket.