FDD Year-over-Year Comparison
Midas FDD: What Changed from 2025 to 2026
Midas' 2026 FDD lists an Item 7 estimated initial investment of $385,450–$940,050, against $341,650–$924,890 in the 2025 filing.
Item 7 — Estimated Initial Investment
| 2025 FDD | 2026 FDD | Change |
|---|
| Low end of range | $341,650 | $385,450 | +$43,800 |
| High end of range | $924,890 | $940,050 | +$15,160 |
| Full range | $341,650–$924,890 | $385,450–$940,050 | |
The 2026 filing puts the Item 7 estimated initial investment at $385,450–$940,050, against $341,650–$924,890 in the 2025 filing.
Item 20 — System Size (Outlet Count)
| 2025 FDD | 2026 FDD | Change |
|---|
| Total outlets (Item 20) | 975 | 1,000 | +25 (+2.6%) |
Midas reports 1,000 outlets in the 2026 FDD, versus 975 in the 2025 filing (+25 (+2.6%)).
Item 19 — Financial Performance Representations
Midas included an Item 19 financial performance representation in both the 2025 and 2026 filings.
Frequently asked questions
Did the cost to open a Midas franchise change in the 2026 FDD?
The 2026 FDD for Midas states an Item 7 estimated initial investment of $385,450–$940,050, against $341,650–$924,890 in the 2025 filing. The low end moves from $341,650 to $385,450 (+$43,800) and the high end moves from $924,890 to $940,050 (+$15,160).
How many locations does Midas have?
The 2026 FDD for Midas reports 1,000 outlets in Item 20, against 975 in the 2025 filing — 25 more.
Does Midas disclose financial performance in its FDD?
Midas included an Item 19 financial performance representation in both the 2025 and 2026 filings.
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