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Midas, Inc. is a chain of licensed and franchised auto service centers with nearly 1,300 shops in America and Canada. It has its headquarters in Palm Beach Gardens, Florida. In North America, most stores are either franchised or company-owned while those in other countries are either franchised or licensed. 

Midas is also the owner of SpeeDee Oil & Auto Service business which has about 150 shops in America. It is ranked #199 in the top Franchise 500 list by Entrepreneurs. 


Midas was founded by Nate H. Sherman in April 1956. The name is a short form for Muffler Installation Dealers’ Associated Service and was also derived from king Midas. The first shop was opened in Macon, Georgia the same year the company was formed. 

Midas originally specialized in replacing mufflers. The last few years have seen an expansion in the type of services the company offers. Midas currently markets itself as an Auto Service Expert capable of doing regular automotive services and performing routine fixes such as fluid changes, suspensions, and brakes. 

The automotive repair center is currently owned by TBC Corporation which acquired it in 2012.

Business Directions 

Midas is one of the largest automotive service providers in the world. It provides brake, tire, steering, suspension, exhaust, and brake services to car owners. 

Key Facts

Several television commercials have represented Midas using a fictional spokesman known as “Midas Man.” The character is played by actor Ralph Peduto. 

Midas maintains its ethical standards and brand integrity by encouraging its dealers to join the International Midas Dealers Association (IMDA). The association brings together hardworking people who are committed to building success in an ethical and honest manner. This boosts their own profitability and markets Midas as the best choice for automotive services. 

The association began as early as the 1970s. It started with 8 dealers and was referred to as National Muffler Dealers. It continued to expand through the years and quickly started meeting the changing needs of the company and industry. The association’s name was changed to National Midas Dealers Association in 1979 and to International Midas Dealers Associations in 1994 following the inclusion of Canadian Midas dealers. 

Mission and Vision

Midas aims at earning people’s trust by offering customers the expertise, responsiveness, and value they expect every time they visit the shop. 


Does Midas have an AAA discount?

AAA members can receive up to 10% discount on labor for repairs performed at Midas. This offer cannot be combined with other discounts or offers. 

What kind of work does Midas do? 

Midas offers scheduled car maintenance, expert brake repair, new tires, steering repair, suspension system repair, exhaust repair, wheel alignment, oil changes, and so much more. 

Is Midas honest? 

Midas has been performing car repair and maintenance since it was founded in 1956. It has worked on millions of cars across the world. It is, therefore, a trustworthy and honest automotive service center. Some customers report not being charged for minor repairs or when it’s discovered that a car does not need any repair at all.

Typical Hours of Operation

Mo 8:00 - 18:00
Tu 8:00 - 18:00
We 8:00 - 18:00
Th 8:00 - 18:00
Fr 8:00 - 18:00
Sa 8:00 - 17:00
Su Closed

Locations: 1060 locations in 49 states and 781 cities.


  • Brake Repair
  • Auto Repair & Service

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