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Updated RecentlyMidas vs FixRim Mobile Wheel Repair Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Midas vs FixRim Mobile Wheel Repair including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $198,650 - $539,512 | $69,000 - $89,000 |
| Franchise Fee | $35,000 | N/A |
| Royalty Fee | 10% | 6% |
| Advertising Fee | included | - |
| Year Founded | 1956 | - |
| Year Franchised | 1956 | - |
| Term Of Agreement | 20 years | 10 years |
| Term Of Agreement | 20 years | 10 years |
| Renewal Fee | 50% of franchise fee | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| 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 |
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| 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. | FixRim has found that our most successful franchisees are highly motivated individuals who devote a significant part of their time and efforts to their business. Hands-on management is important to the effectiveness of the FixRim business. As an owner, you may, however, choose to have a passive or silent partner. |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Midas
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About FixRim Mobile Wheel Repair
Why FixRim? Perhaps you have a passion to be in the exciting auto industry and would love to find a way to turn that into an effective business. Maybe you would like to own a business in which everyone may need your services? If so, we invite you to consider FixRim by becoming one of our select franchise owners and build the lifestyle you desire with the opportunity to build equity for your future. Whatever the reasons why you're considering FixRim, whether as a new business venture or your dream for the future, this is an opportunity you can't miss. *Affordable Start-up Costs *Growing Market Need *Scalable Business *Established Business Experience Our fixed operation affiliate locations have many years of expertise (since 1994) and have repaired over 2 million wheels. As a result, they possess: Extensive and established potential client data bases Listings with major collision repair shops and estimating systems Approved vendor for major insurance companies As a FixRim Franchisee, you will sell mobile repair services to used car dealerships, car rental agencies, collision centers, body shops, tire shops and other customers of the general public seeking this repair service. Mobile wheel repair provides a niche product offering within the mature body shop industry.