Midas vs Onsite Recon Franchise Comparison

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

Start-Up Costs and Fees
 
Midas Franchise
Onsite Recon Franchise
Investment $198,650 - $539,512$80,996 - $120,111
Franchise Fee $35,000$22,500
Royalty Fee 10%No less than 9%
Advertising Fee included2% Nat'l 3% Local
Year Founded 1956-
Year Franchised 1956-
Term Of Agreement 20 years5 years +5+5+5
Term Of Agreement 20 years5 years +5+5+5
Renewal Fee 50% of franchise fee-


Business Experience Requirements
 
Midas Franchise
Onsite Recon Franchise
Experience
  • General business experience
  • Financially capable
    		• You don�t need to have specific experience in the auto repair industry to become a franchise owner with Onsite Recon. We look for people who are motivated, optimistic, and who have some general business experience. Some background in customer service or sales would also be helpful for building relationships with customers in your territory. We also prefer franchise owners who will be directly involved in the operations and growth of their Onsite Recon franchises. We expect that franchisees have the right amount of capital to invest in the business.

    Financing Options
     
    Midas Franchise
    Onsite Recon 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
    Onsite Recon Franchise
    Training -We will provide you with up to 20 days of pre-opening, corporate-based training to you as the franchise owner and one other individual you designate. We will also provide you with up to four days of on-site training within 60 days of commencement of operations, to assist with marketing, sales strategies, providing services, and more, to ensure that you are up and running, and following our prescribed standards of operation.
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluationsYou will have access to all Onsite Recon's exclusive trademarks, equipment, products and procedures. We'll also present you with a copy of our confidential operations manual to help you run your franchise business properly on a day-to-day basis.
    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
    Onsite Recon 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 Onsite Recon

    Founded by two friends and fellow entrepreneurs, Onsite Recon is a true example of pursuing and achieving the American Dream. Armed with optimism, perseverance, and a drive to succeed, Matt Harden and Steve Crabb found their way into the automotive appearance industry after starting their careers in completely different areas. The result? Onsite Recon: a customer-focused, well-managed, and streamlined business - one that just happens to provide great onsite auto reconditioning services in a convenient, cost-effective and professional manner. Now, with sights set on creating a national brand that represents quality, character, and craftsmanship (qualities not often associated with the automotive industry!), the Onsite Recon mobile auto repair franchise program is available to motivated, talented individuals like you. In exchange for your commitment to the Onsite Recon procedures and brand, you'll obtain immediate access to a fully-developed system that features: Bright, eye-catching graphics for your wrapped trailer that you take onsite to your customers' locations. Specifications to ensure you and your technicians always convey professionalism:
    Onsite Recon is known for its contemporary, professional and "clean cut" look with technicians who are well groomed, uniformed and fully insured. Comprehensive training to ensure you can provide quality services to customers of all types within your franchise territory. Top quality equipment plus environmentally friendly water-based paints and interior dyes to use at all your customer job sites. An efficient process that allows customers to receive an estimate and book an appointment through an easy 3-step automated system, and have their scheduled (often same-day) services completed usually in just 90 minutes. Looking for the chance to own your own mobile business, with flexible hours, plenty of fresh air and customer contact? With low overhead, complete graphics and equipment packaging, comprehensive training, and an amazing market opportunity, the Onsite Recon mobile auto repair franchise program could be perfect for you!