Midas
Source filing: WI · filed 2026-04-17
Item 5 — Initial franchise fee
$35,000 [p.16 · WI · 2026-04-17]
Item 6 — Recurring fees (royalty & advertising)
| Royalty | 2-10% of Net Revenue; up to 11% in certain cases for a Co- Branding Shop franchise - see Note A [p.20 · WI · 2026-04-17] |
|---|---|
| Marketing / Advertising | - see Note A [p.20 · WI · 2026-04-17] |
| Interest Charge on Late Royalty Payments | Lesser of 18% per year or maximum rate of interest allowed by law [p.24 · WI · 2026-04-17] |
Full Item 6 schedule (including one-time and conditional fees) is in the FDD itself.
Item 7 — Estimated initial investment (total)
$385,450 [p.30 · WI · 2026-04-17] – $940,050 [p.30 · WI · 2026-04-17]
Base single-franchise offering as stated in the FDD's total row. Multi-unit or area-development formats are not broken out here.
Item 20 — Outlets
| Franchised outlets at start of year | 975 [p.77 · WI · 2026-04-17] |
|---|---|
| Franchised outlets at end of year | 889 [p.77 · WI · 2026-04-17] |
| Net change in franchised outlets | -86 [p.77 · WI · 2026-04-17] |
| Transfers | 43 [p.80 · WI · 2026-04-17] |
| Terminations | 3 [p.85 · WI · 2026-04-17] |
| Non-renewals | 0 [p.85 · WI · 2026-04-17] |
| Ceased operations (other) | 5 [p.85 · WI · 2026-04-17] |
| Company-owned outlets at end of year | 111 [p.77 · WI · 2026-04-17] |
Item 19 — Financial performance representation
The filing's Item 19 contains no cohort eligible for headline presentation under this site's rules (franchised population, gross revenue/sales, annual, not a ranked subset).
All disclosed cohorts (10)
| Cohort | Outlets | Average | Median | High | Low |
|---|---|---|---|---|---|
| all franchised outlets FY2025 - gross revenue quartiles 2025 calendar year |
856 [p.76 · WI · 2026-04-17] | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| top quartile gross revenue 2025 calendar year |
214 [p.76 · WI · 2026-04-17] | $2,141,832 [p.76 · WI · 2026-04-17] | $1,732,617 [p.76 · WI · 2026-04-17] | $6,545,113 [p.76 · WI · 2026-04-17] | $1,553,826 [p.76 · WI · 2026-04-17] |
| top-middle quartile gross revenue 2025 calendar year |
Not disclosed | $1,344,577 [p.76 · WI · 2026-04-17] | $1,337,678 [p.76 · WI · 2026-04-17] | $1,550,742 [p.76 · WI · 2026-04-17] | $1,185,623 [p.76 · WI · 2026-04-17] |
| bottom-middle quartile gross revenue 2025 calendar year |
Not disclosed | $1,027,246 [p.76 · WI · 2026-04-17] | $1,028,955 [p.76 · WI · 2026-04-17] | $1,183,821 [p.76 · WI · 2026-04-17] | $889,983 [p.76 · WI · 2026-04-17] |
| bottom quartile gross revenue 2025 calendar year |
214 [p.76 · WI · 2026-04-17] | $676,751 [p.76 · WI · 2026-04-17] | $699,267 [p.76 · WI · 2026-04-17] | $887,502 [p.76 · WI · 2026-04-17] | $236,466 [p.76 · WI · 2026-04-17] |
| all franchised outlets FY2025 - revenue per customer per visit quartiles 2025 calendar year non-annual metric (not annualized) |
856 [p.76 · WI · 2026-04-17] | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| top quartile revenue per customer per visit 2025 calendar year non-annual metric (not annualized) |
214 [p.76 · WI · 2026-04-17] | $542 [p.76 · WI · 2026-04-17] | $517 [p.76 · WI · 2026-04-17] | $853 [p.76 · WI · 2026-04-17] | $438 [p.76 · WI · 2026-04-17] |
| top-middle quartile revenue per customer per visit 2025 calendar year non-annual metric (not annualized) |
Not disclosed | $390 [p.76 · WI · 2026-04-17] | $392 [p.76 · WI · 2026-04-17] | $437 [p.76 · WI · 2026-04-17] | $362 [p.76 · WI · 2026-04-17] |
| bottom-middle quartile revenue per customer per visit 2025 calendar year non-annual metric (not annualized) |
Not disclosed | $330 [p.76 · WI · 2026-04-17] | $329 [p.76 · WI · 2026-04-17] | $361 [p.76 · WI · 2026-04-17] | $300 [p.76 · WI · 2026-04-17] |
| bottom quartile revenue per customer per visit 2025 calendar year non-annual metric (not annualized) |
214 [p.76 · WI · 2026-04-17] | $254 [p.76 · WI · 2026-04-17] | $265 [p.76 · WI · 2026-04-17] | $300 [p.76 · WI · 2026-04-17] | $137 [p.76 · WI · 2026-04-17] |
“The table below represents Average Gross Revenues achieved during the 2025 calendar year by the 856 franchisees that operated during that entire twelve month period.” [p.76 · WI · 2026-04-17]
Extraction notes
- One or more Item 19 figures failed source verification and were removed.
- Item 7 totals were extracted with model assistance and verified against the cited page.