105 Commander Blvd.
Agincourt, ON M1S 3X8 CANADA
800#:
Tel: (416) 291-4261
Fax: (416) 291-0635
E-Mail: [email protected]
Web Site: www.midas.com
Contact: Ms. Linda Cornacchia, Manager Realty
Total undercar service, specializing in exhaust, brakes, suspension, front end and wheel alignment.
| Established: | 1955; | First Franchise: | 1961 |
| Franchise Units: | 245 | ||
| Company-Owned Units: | 0 | ||
| Total Units: | 245 |
| Distribution:
U.S. -- 0;
Canada -- 245;
International -- 0 > North America -- Operations in 10 Provinces > States/Provinces with Greatest Density: 126 in ON, 33 in PQ, 33 BC |
| Projected New Units Over Next 12 months: 5 |
| Franchisee Qualifications: 5, 4, 3, 2, 4, 5 (for an explanation click here) |
| Registered in Following Registration States: AB |
| Average Number of Employees: 4-5 FT, 4-5 PT (FT = Full Time, PT = Part Time) |
| Space Needs: 5,000 SF; FS, End Plaza (for abbreviations click here) |
| Cash Investment: | $120K | ||||
| Total Investment: | $250K; | Average Total Investment: | $250K | ||
| Minimum Net Worth: | $300K | ||||
| Fees: | Franchise: | $25K; | Average Franchise Fee: | $25K | |
| Royalty: | 5% | ||||
| Advertising: | 5% |
| Provide Earning Claim Statement: No |
| Term of Contract (Years): | 20/20 |
| Passive Ownership: | Not Allowed |
| Encourage Conversions: | Yes |
| Area Development Agreements: | No |
| Sub-Franchising Contracts: | No |
| Expand In Territory: | No |
| Financial Assistance: | No (D = Direct; I = Indirect; B = Both) |
| Site Selection Assistance: | Yes |
| Lease Negotiation Assistance: | Yes |
| Cooperative Advertising: | Yes |
| Franchisee Assoc. / Member: | Yes/Yes |
| Size Of Corporate Staff: | 60 |
| On-Going Support: | A,B,C,D,E,f,G,H,I (for an explanation click here) |
| Training: | Varies. |
| U.S.: | No |
| Canada: | All Canada |
| Overseas: | No |