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How the process works

Buy or build a Midas | Convert your business to Midas

If you are planning to buy an existing shop, build new, or convert you business to a Midas shop, here are the primary steps:

  1. Tell us you're interested - If you'd like to learn more about franchising with Midas, complete our Request for Information form. You will receive our Franchise Information Packet via email with the next steps. A franchise advisor will work with you to determine if Midas is a good fit for you.
  2. Prequalification - Tell us about yourself, your goals for this business and what your investment plans are.
  3. Identify an opportunity - Midas will help you find a location that is right for you in your preferred area. Whether you prefer to buy an existing shop or pursue new shop development, your financial capacity and background may make a difference in helping you decide which direction to take.
  4. Qualify your financial resources - With your permission, Midas will proceed with a standard financial review. We will review credit bureau information and validate financial information.
  5. If buying an existing Midas or building new - We'll help you plan for takeover or new development. New development requires long range planning, while a shop sale can happen as quickly as within a few short months. We help you focus on the priorities for a smooth transition.
  6. If converting your existing business - To make sure Midas is a good fit for your existing business, you’ll complete a conversion qualification form or work through the questionnaire with a franchise advisor. Our team will evaluate your location, make facility and equipment recommendations and advise you about the next steps.
  7. Complete training and close on the purchase of your location or get ready for a Grand Opening. Jumpstart your business with our tried-and-true training program so that you’re ready to hit the ground running on Day 1 of operations.

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