Midas vs Active Green + Ross Tire & Auto Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Midas vs Active Green + Ross Tire & Auto including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Midas Franchise
Active Green + Ross Tire & Auto Franchise
Investment $198,650 - $539,512$130,000 - $225,000
Franchise Fee $35,000$25,000
Royalty Fee 10%5%
Advertising Fee included2.5%
Year Founded 19561982
Year Franchised 19561983
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee 50% of franchise fee-


Business Experience Requirements
 
Midas Franchise
Active Green + Ross Tire & Auto Franchise
Experience
  • General business experience
  • Financially capable
    		• -

    Financing Options
     
    Midas Franchise
    Active Green + Ross Tire & Auto 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
    Active Green + Ross Tire & Auto Franchise
    Training -Our initial training program is tailored to the needs of the individual. You do not require prior automotive experience to own an Active Green + Ross Tire & Automotive Centre store. If you make a commitment to your business and have drive along with desire, you will be successful. Our initial training will provide you with the necessary knowledge and experience to serve your customers and operate your shop to our standards. From time to time throughout the year, we will provide you with courses that are necessary to keep abreast of the latest changes in technology. From time to time you may be offered courses on other topics such as proper telephone management, personnel management, record keeping, financial analysis, etc.
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluationsActive Tire & Auto Centre Inc. provides you with an area manager who is our field representative. Their responsibility is to assist you and to be available as required, offering administrative, operational and technical support. Our Head Office group works as a tight team to provide assistance to all franchisee's with any concerns that arise. Equipment requirements and costs, advertising assistance, marketing, business knowledge, employee recruiting, accounting and financial advice are just a few of the area's that we get involved in with our Franchisee's.
    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
    Active Green + Ross Tire & Auto 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 Active Green + Ross Tire & Auto

    In North America, franchising has become a popular way of getting into business. This trend has been attributed in part to the general principle behind franchising, which is: "start with a system that has a track record, a defined market and controls in place. One that demonstrates the potential to provide a good profit margin in purchasing and has an aggressive advertising strategy. Combine these elements with the selection of a motivated franchisee, whose on-site presence assures responsible control, and the franchise should succeed." This principle will hold true with a total commitment by all the 'franchise team' members and a continual open line of communication with the franchisor.Active Green + Ross Tire & Automotive Centre is proud to be a firm proponent of this concept and we invite you to become part of our franchise team.