Midas vs Christian Brothers Franchise Comparison

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

Start-Up Costs and Fees
 
Midas Franchise
Christian Brothers Franchise
Investment $198,650 - $539,512$454,250 - $582,400
Franchise Fee $35,000$135,000
Royalty Fee 10%Varies
Advertising Fee included$10K/yr.
Year Founded 19561962
Year Franchised 19561996
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee 50% of franchise fee-


Business Experience Requirements
 
Midas Franchise
Christian Brothers Franchise
Experience
  • General business experience
  • Financially capable
    		• Management and leadership background

    Financing Options
     
    Midas Franchise
    Christian Brothers Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/Yes
    Start-up Costs No/No-/Yes
    Equipment No/No-/Yes
    Inventory No/No-/Yes
    Receivables No/No-/Yes
    Payroll No/No-/Yes

    Training & Support
     
    Midas Franchise
    Christian Brothers Franchise
    Training -Ongoing training and marketing support from the Home office On-The-Job Training: 115 hours Classroom Training: 204 hours
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluationsOngoing marketing support from the Home office which includes: 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 advertisingCo-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
    Operations 50% of all franchisees own more than one unit

    Number of employees required to operate - 9

    Absentee ownership of franchise is NOT allowed.

    		Number of Employees Required to Run: 8

    Expansion Plans
     
    Midas Franchise
    Christian Brothers Franchise
    US Expansion -Yes
    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 Christian Brothers

    Our roots go back to 1982 in Houston, Texas, when Mark Carr founded Christian Brothers Automotive with a mission to “love your neighbor as yourself” (Matthew 22:39). When we began our franchise program in 1996, this principle carried forward as the guiding light for all our franchisees. Today, there are over 160 Christian Brothers locations across 24 states and many more coming soon. 
    We are proud to say that each of our franchisees operates their business with the deep-seated knowledge that if we treat each other right, we’ll have happy customers - and that’s how we’ll succeed financially. In our 24+ years of franchising we’ve never closed a location and are proud to continue that legacy in years to come.

    Veteran Incentives  10% off franchise fee
    ""    
    In Franchise Business Reviews' Top 200.
    #261 in Franchise 500 for 2020.