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Qualifications and Investment

Business Experience and Skills

Midas SpeeDee is seeking progressive-minded business operators who have experience leading with confidence and vision and are willing to take an active, hands-on approach in building their own business. We are seeking franchise candidates who have the following:
  • A dedication to customer service
  • A passion for bringing people and processes together
  • Strong personal and leadership skills
  • Ability to work in a challenging, hands-on environment
  • A self-motivated leader who thrives on setting and realizing goals, motivating others to excel and building relationships in their community
  • Previous automotive and/or business management experience is not required but would be helpful

Financial Investment

There are several ways in which you can become a Midas SpeeDee co-brand franchisee. Whether you're building new, buying an existing franchise or corporately owned shop, or converting your existing independent shop - the costs to you will vary.

In order for a candidate to be considered for an award of a Midas SpeeDee co-brand shop, they must have at minimum an estimated liquidity (unencumbered assets) of $75,000 and investment capabilities of at least $250,000.

The Midas SpeeDee Franchise Recruitment Team will assist you by trying to find the opportunity that fits your needs. Contact us for details in you area.

Financing Your Midas SpeeDee Investment

We can refer you to lenders interested in working with franchise candidates. Some may require 20% to 30% liquidity to qualify. Neither Midas nor SpeeDee receives fees for the placement of loans.

SBA Franchise Registry Program
Small Business Administration
In the United States, Midas participates in the SBA (Small Business Administration) Franchise Registry Program - which can shorten the time it takes you to qualify for an SBA loan.

Vet Fran Program
Vet Fran Program
Midas SpeeDee supports Vet Fran, the International Franchise Association's Veterans Transition Franchise Initiative. Vet Fran participants offer financial incentives to U.S. Armed Forces veterans to help them acquire a franchise. Midas SpeeDee participates by offering qualified veterans a discount on the franchise fee.

quote"As soon as the signage went up Midas customers were coming in with Midas brake packets looking for brake work or other services that Midas is known for."
quote Troy Maxey,
Co-Brand Owner
Jackson, CA
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