Midas vs Budget Brake & Muffler Franchise Comparison

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

Start-Up Costs and Fees
 
Midas Franchise
Budget Brake & Muffler Franchise
Investment $198,650 - $539,512$185,000 - $225,000
Franchise Fee $35,000$25,000
Royalty Fee 10%-
Advertising Fee included-
Year Founded 19561969
Year Franchised 19561972
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee 50% of franchise fee-


Business Experience Requirements
 
Midas Franchise
Budget Brake & Muffler Franchise
Experience
  • General business experience
  • Financially capable
    		• -

    Financing Options
     
    Midas Franchise
    Budget Brake & Muffler 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
    Budget Brake & Muffler 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
    Budget Brake & Muffler Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesNo

    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 Budget Brake & Muffler

    Budget Brake and Muffler began operations 1969 and started franchising in 1972. If your car needs it, Budget Brake and Muffler can probably fix it. Brakes, Mufflers, Shocks & Struts, Alignments, Oil & Filter Changes, Charging Systems, Cooling Systems, Tune-Ups, Computer Diagnostics, ABS Service, Fuel Injection Service, Custom Exhaust, Suspension, Tires, Balancing, Transmission Fluid Flush, Clutches, Electrical, Minor, Major & General Repairs. Some Budget Brake and Muffler locations have motorhome facilities and some are Provincially Certified Vehicle Inspection Facilities. Check with the location in your area for these specialty repairs.