Midas vs Wilhelm Automotive Franchise Comparison

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

Start-Up Costs and Fees
 
Midas Franchise
Wilhelm Automotive Franchise
Investment $198,650 - $539,512$118,400 - $302,500
Franchise Fee $35,000$35,000
Royalty Fee 10%-
Advertising Fee included-
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
Wilhelm Automotive Franchise
Experience
  • General business experience
  • Financially capable
    		• -

    Financing Options
     
    Midas Franchise
    Wilhelm Automotive 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
    Wilhelm Automotive 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
    Wilhelm Automotive 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 Wilhelm Automotive

    Wilhelm Automotive is a comprehensive automotive mechanical repair facility. With state of the art systems and over 80 years of experience they are an industry leader. National and local awards for service excellence including being recognized as a Motor Age national "Top Shop". Services include: *Maintenance - Including: Oil, Lube, Filter, Ignition, Fluids, distributors, etc. (also including "UnderCar Services" *Repair - Including: Heating and Cooling, Radiators, heavy-Duty Servics, Overhaul, general maintenance and everything in between *Diagnostics - Including: Electrical, Electronic Systems, Computer, Emissions, Controls, etc. *General - Including: Domestic and Import, Gas or Diesel, Off-Road *Misc Services such as, Towing to the shop, fuel economy, tires, pre-purchase inspections, pre-trip inspections, etc. *Fleet Services