Question 1

How many Midas franchise locations are there?

Accepted Answer

Midas currently has 975 total units, including 975 franchised locations and 0 company-owned locations.

Question 2

Is the Midas franchise system growing or shrinking?

Accepted Answer

Midas has experienced positive net growth of +0.8% over the past year, with a 3-year compound annual growth rate (CAGR) of +0.4%.

Question 3

What is the franchise vs. company-owned ratio for Midas?

Accepted Answer

Midas has a franchise ratio of 100%, meaning 100% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many Midas franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), Midas had 16 units opened and 8 units closed.