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Updated RecentlyMidas vs Tuffy Auto Service Centers Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Midas vs Tuffy Auto Service Centers 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 | $224,000 - $413,500 |
| Franchise Fee | $35,000 | $30,000 |
| Royalty Fee | 10% | 2.5%-5% |
| Advertising Fee | included | 5% |
| Year Founded | 1956 | 1970 |
| Year Franchised | 1956 | 1971 |
| Term Of Agreement | 20 years | 15 years |
| Term Of Agreement | 20 years | 15 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 | No/Yes |
| Start-up Costs | No/No | No/Yes |
| Equipment | No/No | No/Yes |
| Inventory | No/No | No/Yes |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | - | On-The-Job Training: 40 hours Classroom Training: 104 hours Additional Training: At existing store |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Co-op Advertising Ad Templates Social media SEO Website development Email marketing Loyalty program/app |
| Operations |
50% of all franchisees own more than one unit Number of employees required to operate - 9 Absentee ownership of franchise is NOT allowed. |
30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 5
Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | - | Yes |
| 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.
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#84 in Canada's Top franchises.
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#62 on Franchise Rankings.com
#199 in Franchise 500 for 2020.
#111 in Franchise 500 for 2021.
About Tuffy Auto Service Centers
Charles Amy founded Tuffy Auto Service Centers when he opened the first Tuffy Muffler shop in 1970. The private company began franchising one year later and now has shops in several states. It is based in Toledo.
If you purchase an area development franchise you must pay an
additional area development fee that will be negotiated based on the
number of franchises to be developed and the development schedule, but
you will only pay an initial franchise fee of $5,000 for each franchise
developed.
#222 in Franchise 500 for 2020.