AAMCO vs Midas
Franchise Comparison (2026)
2026 FDD Data
AAMCO offers lower total investment ($263K-$400K vs $342K-$917K) with lower royalty fees (7.5% vs up to 10%) and significantly lower liquid capital requirements ($65K vs $162K). Midas has more locations (1,200 vs 650) and waives franchise fees for veterans and first responders.
AAMCO and Midas are two of the most recognized automotive repair franchises in America, each with distinct service specializations. This FDD comparison examines their franchise fees, investment requirements, and business models. Understanding how these auto care franchises differ will help automotive investors make an informed decision.
Quick Comparison
AAMCO
$39,500
Midas
$10,000 - $35,000
AAMCO
$263,100 - $400,200
Midas
$342,000 - $917,000
AAMCO
7.5% of gross receipts
Midas
2-10% (up to 10%)
AAMCO
650
Midas
1,200
Detailed Comparison
| Metric | AAMCO | Midas |
|---|---|---|
| Initial Investment | ||
| Franchise Fee | $39,500 | $10,000 |
| Total Investment (Low) | $263,100 | $342,000 |
| Total Investment (High) | $400,200 | $917,000 |
| Net Worth Required | $250,000 | $375,000 |
| Liquid Capital Required | $65,000 | $162,500 |
| Ongoing Fees | ||
| Royalty Rate | 7.5% | 10% |
| Advertising Fund | 2% | 4% |
| Technology Fee | Not Disclosed | Not Disclosed |
| System Size & Growth | ||
| Total Units | 650 | 1,200 |
| Franchised Units | 650 | 1,200 |
| Company-Owned Units | 0 | 0 |
| 3-Year Net Growth | Not Disclosed | Not Disclosed |
| Financial Performance (Item 19) | ||
| Item 19 Disclosed | No | No |
| Average Revenue | N/A | N/A |
| Median Revenue | N/A | N/A |
| Franchise Terms | ||
| Initial Term | Not Disclosed | Not Disclosed |
| Renewal Term | Not Disclosed | Not Disclosed |
| Territory Protection | Not Disclosed | Not Disclosed |
| Requirements | ||
| Owner-Operator Required | Not Disclosed | Not Disclosed |
| Training Hours | Not Disclosed | Not Disclosed |
| Years Franchising | 63 years | 70 years |
| Risk Indicators | ||
| Litigation Matters | Not Disclosed | Not Disclosed |
| Termination Rate | Not Disclosed | Not Disclosed |
Key Differences
Investment Range: AAMCO at $263K-$400K vs Midas at $342K-$917K
Royalty Fee: AAMCO at 7.5% flat vs Midas at 2-10% variable
Liquid Capital: AAMCO needs $65K vs Midas at $162K
Network Size: Midas has 1,200 locations vs AAMCO at 650
Specialization: AAMCO is transmission-focused; Midas is general auto repair
Veteran Benefits: Midas waives franchise fee; AAMCO offers $8K discount
Parent Company: AAMCO is part of Icahn Automotive Group
Investment Fit Analysis
Who Should Consider AAMCO
AAMCO suits investors seeking lower investment auto franchise with transmission expertise and Icahn Automotive backing.
Lower total investment ($263K-$400K)
Only $65K liquid capital required
Icahn Automotive Group buying power
Transmission specialist + full service
$8,000 veteran discount
650 centers across North America
Who Should Consider Midas
Midas suits investors seeking general auto repair franchise with larger network and strong veteran benefits.
1,200 locations - larger network
Franchise fee waived for veterans
General auto repair focus
Established 1956 brand recognition
Variable royalty structure
Higher investment range available
Frequently Asked Questions
Disclaimer
This comparison is provided for informational purposes only. Data has been aggregated from publicly available sources including Franchise Disclosure Documents, industry publications, and franchise analysis websites.
Prospective franchisees should review the complete FDD for each franchise, conduct their own due diligence, and consult with qualified legal and financial advisors before making any investment decisions.