Earnings Claims of Top Franchises Revealed

Earnings Claims of Top Franchises Revealed

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FDD Talk: Average Gross Sales and Expense Ratios of Midas Shops (Auto Service)

by Franchise Chatter on June 20, 2012

in Auto Repair Franchise, Franchise Earnings



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Highlights of Midas International’s Item 19 Financial Performance Representations (2011 FDD)

Ranges of Actual Gross Sales Figures

  • You will find below the actual gross sales figures of 1,181 franchised Midas Shops and 70 Midas Shops owned and operated by Midas’ affiliate, COSMIC. Each shop was in operation in the United States for more than 2 years as of December 31, 2010.
  • Shops operating as Midas/SpeeDee co-branded shops in 2010 were excluded from these results.
  • These figures are based on actual results of Midas Shops operated by COSMIC, and on monthly sales reports submitted by Midas franchisees for the purpose of computing royalty fees.


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