Midas vs Minute Muffler And Brake Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Midas vs Minute Muffler And Brake including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Midas Franchise
Minute Muffler And Brake Franchise
Investment $198,650 - $539,512$25,000 - $500,000
Franchise Fee $35,000$25,000
Royalty Fee 10%4%
Advertising Fee included1%
Year Founded 1956-
Year Franchised 1956-
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee 50% of franchise fee-


Business Experience Requirements
 
Midas Franchise
Minute Muffler And Brake Franchise
Experience
  • General business experience
  • Financially capable
    		• -

    Financing Options
     
    Midas Franchise
    Minute Muffler And Brake Franchise
      In-House/3rd PartyIn-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
     
    Midas Franchise
    Minute Muffler And Brake Franchise
    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
     
    Midas Franchise
    Minute Muffler And Brake Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    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 Minute Muffler And Brake

    Today’s automotive aftermarket is extremely competitive and everyone is looking for ways to improve how they buy to increase their profits.

    Minute Muffler is well positioned to help you meet today’s challenges. 

    Minute Muffler’s buying power is unequalled in the industry allowing you to get high discounts on low quantities so you are not burdened with excessive inventory.

    We also have an experienced field support team to help you meet your business objectives.

    We are always looking to expand our network of locations across Canada and are looking for potential candidates who are motivated and committed to build a successful business. Whether you are starting from the ground floor or you currently own an automotive repair facility, Minute Muffler can provide the buying power, training, marketing and support you will need to succeed.