Midas vs Northside Autosports Franchise Comparison

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

Start-Up Costs and Fees
 
Midas Franchise
Northside Autosports Franchise
Investment $198,650 - $539,512$50,000
Franchise Fee $35,000$35,000
Royalty Fee 10%-
Advertising Fee included$250/Month
Year Founded 19562001
Year Franchised 19562009
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee 50% of franchise fee-


Business Experience Requirements
 
Midas Franchise
Northside Autosports Franchise
Experience
  • General business experience
  • Financially capable
    		• Needs to have some background in sales/marketing and they need to be an automotive enthusiast.

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

    Training & Support
     
    Midas Franchise
    Northside Autosports Franchise
    Training -Upfront training program, 24/7 online training and operating procedure archive access, social media marketing, event management, lead generation programs, supplier management/development programs, etc, etc.
    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
    Northside Autosports Franchise
    US Expansion --
    Canada Expansion NoYes
    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 Northside Autosports

    Founded in 2002 in Georgetown, Ontario, Northside Autosports has grown to become Canada's #1 automotive accessory, detailing/car care, wheels/tires, car audio/security & performance parts chain of shops.
    Northside Autosports is the fastest growing aftermarket auto chain for a reason! This is not so much a "pitch line" as a statement of fact. We have one of the lower over all investments in the automotive category, largest supply chain in Canada, very aggressive branding strategies and our company is always growing (not just in stores but also in concept, supply, marketing programs and training). We are quickly becoming the market leader in all industry segments we are in and continue to grow through a foundation of honest relationship building with; franchise partners, supply partners, training affiliates, marketing affiliates and contractors. Retail , Bulk & Business To Business Sales Concept Full business management & technical training courses (with affiliate graduate study options) Financing assistance (OAC) Largest supply chain in Canada Aggressive and cost effective marketing fund program Complete floor plan design Complete Equipment/Fixture/Display/Inventory package One of the most aggressive automotive brands in Canada One of the lowest total investments in the automotive industry 15 years in the industry Area development and Master Franchise available Speak to Graham at [email protected] for re-sale info.