Midas Franchise News

Financial Information:

Cash Investment: $75,000
Net Worth: $200,000
Franchise Fee: $30,000
Total Investment: $220,000 - $415,000

Available Markets:


Canada: AB, BC, MB, NB, NT, NS, ON, PQ, SK, YT
United States: AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY

Browse the latest corporate news from Midas.

Sixty years ago this spring, an army of ambitious entrepreneurs and innovators banded together and placed their trust in a new idea: Midas.
  • Apr 22nd, 2016
  • 83    0
With same-store sales increases in 30 of the past 31 months, and 194 of its locations in the U.S. each producing $1 million or more in annual sales last year, Midas® clearly has the Golden Touch.
  • Apr 19th, 2016
  • 135    5
The golden touch is back at the car-care company Midas, judging by its positive sales results and success in extending its retail footprint.
  • Feb 9th, 2016
  • 175    0
Midas’ focus on expanding its retail footprint is paying dividends. The famous car-care company, which racked up 27 consecutive months of comparable store sales increases, has recruited 23 new franchisees in the past six months.
  • Dec 14th, 2015
  • 73    0
Midas stores are known for a lot of things – brakes, repairs, exhaust, oil changes. But tires? Not nearly as much.
  • Oct 28th, 2015
  • 91    0
Midas, one of the world’s largest automotive services providers, has announced plans to increase its presence in Quebec and is currently looking for franchisees to expand the brand in Quebec City.
  • Oct 20th, 2015
  • 96    0
Starting this winter, the famous 58-year-old car-care company - known for its Midas Touch and complete car care - is reaching out and also gaining a reputation for community care.
  • Dec 9th, 2014
  • 132    31
As Midas re-launches its iconic 56-year old brand with new creative across all channels, social media innovation is at the nerve center of the effort.
  • Nov 11th, 2013
  • 152    35
It’s not often a car hits 250k miles, let alone 500k, but Dallas resident Lori Duewell’s Honda Fit is proof that regular vehicle maintenance is key to hitting half a million miles.
  • Jun 5th, 2013
  • 72    25
TBC Corporation (“TBC”) today announced that it has completed the acquisition of Midas, Inc. through one of its wholly owned subsidiaries, with Midas being the surviving corporation.
  • May 1st, 2012
  • 141    0
TBC Corporation today announced that it has accepted for payment all of the shares of Midas, Inc. common stock tendered pursuant to TBC's tender offer for all of the outstanding shares of common stock of Midas, Inc. at a purchase price of $11.50 per...
  • Apr 25th, 2012
  • 71    2
TBC Corporation and Midas, Inc. (NYSE: MDS) today announced that TBC Corporation has commenced the previously announced tender offer for all of the outstanding shares of common stock of Midas at a price of $11.50 per share.
  • Mar 29th, 2012
  • 96    22
TBC Corporation and Midas, Inc. (NYSE: MDS) today announced that they have entered into a definitive merger agreement, pursuant to which TBC will acquire Midas through a cash tender offer at $11.50 per share.
  • Mar 13th, 2012
  • 112    9
Midas, Inc. (NYSE: MDS) will present at the Gabelli & Company Automotive Aftermarket Symposium this week in Las Vegas.
  • Oct 31st, 2011
  • 36    1
The presentation by Midas, Inc. (NYSE: MDS), at the C L King "Best Ideas" Conference at the Omni Berkshire Place Hotel in New York will be available via webcast on Tuesday, Sept. 13, beginning at 2:45 p.m. ET.
  • Sep 12th, 2011
  • 34    3
Midas International Corporation, one of the world's largest automotive service providers, and its Chicago-land Midas dealers are supporting the welfare of U.S. troops in Iraq and Afghanistan with the sponsorship of Operation Support Our Troops - America.
  • Jul 12th, 2011
  • 50    3
Midas International Corporation, the auto service provider, is sponsoring a benefit concert by award-winning actor Gary Sinise and his Lt. Dan Band on Friday, May 6, at Joe's Bar, 940 W. Weed St., in Chicago.
  • May 6th, 2011
  • 32    3
Midas, Inc. (NYSE: MDS) has been granted a waiver by its bank group for violating certain financial covenants in its existing revolving credit facility, as a result of a recent ruling in the arbitration between the company and its European licensee MESA S
  • Mar 16th, 2011
  • 52    3
Midas, Inc. (NYSE: MDS) said that retail sales growth at Midas shops in the United States has continued to gain the momentum that began building in the fourth quarter of 2009.
  • Dec 6th, 2010
  • 40    0
From lower air temperatures and falling snow to icy roads and even reduced visibility due to fewer daylight hours, winter driving poses a number of challenges. Midas International Corporation, one of the world's largest providers of automotive services, h
  • Nov 10th, 2010
  • 73    2
Midas, Inc. (NYSE: MDS) will present at the Gabelli & Company Automotive Aftermarket Symposium this week in Las Vegas.
  • Nov 1st, 2010
  • 36    1
Music fans have spoken. They have chosen the "next great road songs" in a summer-long contest sponsored by auto service provider Midas International Corporation and SPIN.
  • Oct 4th, 2010
  • 44    1
As California motorists take to the road this Labor Day, Midas is teaming up with nationally known Car Coach(R) Lauren Fix to offer tips to help keep your vehicle safe and reliable. Getting your car ready in advance of a road trip will not only help save
  • Aug 25th, 2010
  • 103    21
Midas, Inc. (NYSE:MDS) reported net earnings of $0.8 million--or $0.06 per diluted share--for the second quarter ended July 3, 2010, compared to $0.4 million--or $0.03 per diluted share--in the second quarter of 2009. Second quarter 2010 results were nega
  • Aug 5th, 2010
  • 260    16
The submissions are in, and the competition for the title is now under way. Midas International Corporation and SPIN today announced the top 20 finalists in their search for the "Next Great Road Song." Listeners can vote to determine the winners at http:/
  • Aug 4th, 2010
  • 52    3
Lauren Fix, the well-known Car Coach(R), along with her teen daughter Shelby Fix, Teen Car Coach(R), is traveling throughout the state of California appearing at a series of teen "Safe Car, Safe Driver" clinics on behalf of Midas to educate teens and thei
  • Jul 14th, 2010
  • 60    1
As road trip season has arrived, it's important to be prepared for a summer full of adventure, fun and road travel. Midas International Corporation, one of the world's largest providers of automotive services, has partnered with top experts to...
  • Jul 6th, 2010
  • 54    2
On the Road Again. Running on Empty. Traveling Band. For generations, the lure of the open road has inspired long and varied lists of classic songs. Now, Midas International Corporation, one of the world's largest providers of automotive services, is...
  • Jun 2nd, 2010
  • 59    0
Midas, Inc. (NYSE: MDS) reported a net loss of $(0.2) million--or $(0.02) per diluted share--for the fourth quarter ended Jan. 2, 2010, compared to net income of $2.7 million--or $0.20 per diluted share--in the prior year.
  • Mar 8th, 2010
  • 113    4
Midas, Inc. (NYSE: MDS) has acquired 22 Midas automotive service shops in Northern California from franchisee Maurice I. Glad. The transition was completed this weekend, and the shops opened today under Midas' management. There was no interruption in...
  • Jan 25th, 2010
  • 155    4

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