Midas

$MDSXF500 #54
CategoryAutomotive
SubcategoryRepair & Maintenance Services
ParentMetis HoldCo, Inc.
Founded1954
Completeness33/34 (97%)
Years in Business71
Began Franchising1956
HQWhite Plains, NY
Executives7
LinksWeb
Main Phone(914)984-2500
FDD IssuedApril 16, 2026
Last UpdatedMay 19, 2026
FDDs2026 · 2025 · 2024 · 2022 🔒
Franchisor

Midas International, LLC offers franchises for the establishment and operation of Midas Shops that sell and install automotive parts including brakes, tires, mufflers, exhaust systems, shock absorbers, suspension and steering components, batteries, filters, belts, wiper blades and hoses, and render services including brake system repair and replacement, tire mounting and balancing, scheduled and general maintenance, exhaust system services, suspension services, wheel alignment, battery installation, heating and cooling system services, and CV joint and drive shaft services.

Midas International, LLC (Delaware LLC, converted from corporation in 2019). Ultimate parent: Metis HoldCo, Inc. Intermediate parents include Mavis entities (Mavis Tire Express Services TopCo Corp., Mavis Tire Holdings LLC, etc.). Mavis is independent tire/service provider with 2,300+ service centers across 39 U.S. states. Key executives: Co-CEOs David J. Sorbaro and Stephen Sorbaro (Mavis, directors since June 2025); CFO Fred Christensen (Mavis, director since June 2025); CAO Jennifer Papas (Mavis, director since June 2025); President/COO Leonard Valentino Jr. (Midas, since April 2023); three Division VPs for regional franchise operations.

Midas International, LLC offers franchises for the establishment and operation of Midas Shops that sell and install automotive parts including brakes, tires, mufflers, exhaust systems, shock absorbers, suspension and steering components, batteries, filters, belts, wiper blades and hoses, and render services including brake system repair and replacement, tire mounting and balancing, scheduled and general maintenance, exhaust system services, suspension services, wheel alignment, battery installation, heating and cooling system services, and CV joint and drive shaft services.

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Inside the full scorecard
FranDeals Score
34-box data-completeness and quality rating
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Franchisee Health Score
Operator-side financial health signal
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Fees & Investment
Franchise fee, royalty, total startup cost (Items 5–7)
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Financial Strength & Stability
Current ratio, debt/equity, ROE, margins (Item 21)
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Item 19 — Financial Performance
Average unit revenue, revenue spread, payback
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Unit Count & Growth
Systemwide units and multi-year growth (Item 20)
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Outlet Trajectory
Openings, closures, survival & turnover rates
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Executive Team
Officers and directors (Item 2)
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Franchisee Roster
Current and former franchisee operators
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Litigation & Disclosures
Item 3 legal matters, Item 4 bankruptcy
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News & Peer Comparison
Recent signals and category benchmarks
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