Retail

Midas ranks 25th on the Entrepreneur 500

Posted on February 25, 2014

Midas International Corp. was recognized as the top auto repair and maintenance franchise on Entrepreneur Magazine's "Franchise 500" list.

In 2013, Midas, a wholly owned subsidiary of TBC Corp., was ranked 31st on the "Franchise 500" and moved up six positions in 2014 to round off the top 25 companies.

“We have held positions on Entrepreneur’s "Franchise 500" for a number of years, and we are especially proud of this year’s position naming us the highest ranking auto service franchise on the list,” said Mike Gould, executive vice president and chief operating officer of Midas.

Entrepreneur Magazine judges each franchise by the same objective criteria. Ranking factors include, but are not limited to:

* financial strength and stability;

* growth rate; and

* size of the system.

The magazine also considers the number of years a company has been in business and the length of time it has been franchising.

"We are committed to making our franchisees successful in growing their businesses while expanding our footprint by adding new franchise locations with interested entrepreneurs," says Brant Wilson, senior vice president of the franchise group at TBC.

Earlier this year, Midas launched an aggressive new campaign that re-launched the iconic “Midas touch” branding. For more information about Midas Total Car Care program, visit www.midas.com. Midas also is on Facebook.

To become a franchise owner, visit www.midasfranchise.com.

Midas offers brake, maintenance, tires, exhaust, steering and suspension services at nearly 2,250 franchised, licensed, and company-owned Midas shops in 13 countries -- including nearly 1,400 in the United States and Canada.

TBC's retail group operates more than 2,700 franchised and company-operated tire and automotive service centers under the brands Tire Kingdom Service Centers, Merchant's Tire & Auto Service Centers, NTB Tire & Service Centers, Big O Tires, Midas, and SpeeDee Oil Change and Auto Service.

Related Topics: Big O, Brant Wilson, franchises, Midas, Mike Gould, TBC

Comments ( 0 )
More Stories
News

Simple Tire Adds Another Delivery Option for Online Tire Buyers

Simple Tire LLC has added a third delivery option for customers of its online sales platform. They can ship their tires to any of the 1,800 FedEx Office locations in the U.S. But Simple Tire’s real goal is to redirect those customers to one of its installation partners.  

News

Pep Boys Expands in New York and New Jersey

Pep Boys — Manny, Moe & Jack, a wholly-owned subsidiary of Icahn Automotive Group LLC, has acquired an automotive and tire center in New York, and opened a new Pep Boys Service & Tire Center in Bordentown, N.J.  

The tall ceilings of Jeff Hall's Gardiners Road store give it a modern look and feel.
News

The Secret to Success for Midas in Canada: Tires

The owner of the two busiest Midas locations in Canada says offering an extensive tire inventory and more than a dozen tire brands has transformed his business. Consider Jeff Hall’s success a sign of what’s to come at Midas stores across North America.  

News

Six Hankook Tire Dealers Will Host Events for Veterans

Six tire dealers will help Hankook Tire America Corp. continue its partnership with the Disabled American Veterans (DAV) organization. Those dealers will host the group's Mobile Service Offices (MSO) at their stores so the DAV can reach out to veterans in those communities.  

Joe Venezia will lead Bridgestone's retail efforts at its 2,200-plus company-owned stores.
News

Bridgestone Retail Stores Have a New Leader

The 2,200-plus retail stores owned and operated by Bridgestone Americas Inc. have a new leader. Joe Venezia is the president of Bridgestone Retail Operations LLC (BSRO) effective June 19, 2017.  

Be the First to Know

Get the latest news and most popular articles from MTD delivered straight to your inbox. Stay on top of the tire industry and don't miss a thing!