Midas, by the numbers
Every figure below comes from real financed deals — what buyers paid, where, and how the loans performed.
SBA Franchise Directory: listed ✓ (identifier S1110)
65 deals since 2020 · typical deal $405K · 0% failure rate
65
Deals since 2020
$405K
Typical deal
17
Deals since FY2025
0%
Failure rate (FY20–23)
What buyers pay for Midas
Most Midas deals financed between $205K and $1.08M. Above $1.08M, you're paying more than 75% of buyers did — make the seller earn it.
- Monthly payment (10-yr)
- $5,296
- Down payment (10%)
- $45K
- Cash to close (all-in)
- $60K
Estimates at today's rates and standard 7(a) terms. Not a loan offer.
Could you get the loan?
Three answers. No documents, no credit pull.
Credit score
Available cash (you'll need ~$60K)
Experience
Recent financings
- Red Eagle, LLC in Tupelo, MS — $2.1M (2026) · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 7.75% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.6M (75%)
- Approved
- 3/5/2026
- Loan status
- Committed
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 64
- Business age
- Existing or more than 2 years old
- Industry
- Automotive Oil Change and Lubrication Shops
Funded by Live Oak Banking Company · Lender record →
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- CTMID Inc. in Harrisonburg, VA — $1.5M (2026) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 8% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.1M (75%)
- Approval → funding
- 28 days
- Approved
- 11/19/2025
- First disbursed
- 12/17/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 8
- Business age
- Change of Ownership
- Industry
- General Automotive Repair
If you were the buyer here
- Est. deal size
- $1.7M
- Est. down payment (10%)
- $169K
- Est. cash at closing
- $233K
- Monthly payment
- $18,502
- Annual debt service
- $222K
- Cash flow needed (1.25×)
- $278K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Live Oak Banking Company · Lender record →
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- Freedom Automotive CA LLC in Indio, CA — $550K (2026) · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 7.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $413K (75%)
- Approved
- 3/27/2026
- Loan status
- Committed
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 9
- Business age
- Existing or more than 2 years old
- Industry
- General Automotive Repair
Funded by Live Oak Banking Company · Lender record →
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- INCLINED MECHANICALLY INC. in Fremont, CA — $436K (2026) · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 7.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $327K (75%)
- Approval → funding
- 41 days
- Approved
- 1/15/2026
- First disbursed
- 2/25/2026
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 6
- Business age
- Existing or more than 2 years old
- Industry
- General Automotive Repair
Funded by Live Oak Banking Company · Lender record →
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- Mechanically Inclined Inc. in Sacramento, CA — $436K (2026) · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 7.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $327K (75%)
- Approved
- 1/16/2026
- Loan status
- Committed
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 6
- Business age
- Existing or more than 2 years old
- Industry
- General Automotive Repair
Funded by Live Oak Banking Company · Lender record →
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- Red Eagle, LLC in Tupelo, MS — $300K (2026) · Live Oak Banking Company
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 7.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $150K (50%)
- Approved
- 3/3/2026
- Loan status
- Committed
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 64
- Business age
- Existing or more than 2 years old
- Industry
- Automotive Oil Change and Lubrication Shops
Funded by Live Oak Banking Company · Lender record →
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- RTR Autos Erath LLC in Stephenville, TX — $2.3M (2025) · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 8.75% variable
- Term
- 312 mo (26 yrs)
- SBA guaranteed
- $1.7M (75%)
- Approval → funding
- 21 days
- Approved
- 8/4/2025
- First disbursed
- 8/25/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 5
- Business age
- New Business or 2 years or less
- Industry
- General Automotive Repair
Funded by Live Oak Banking Company · Lender record →
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- BK Auto Ventures, LLC in Harrisonburg, VA — $1.3M (2025) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 8.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $951K (75%)
- Approved
- 7/28/2025
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 9
- Business age
- Change of Ownership
- Industry
- General Automotive Repair
If you were the buyer here
- Est. deal size
- $1.4M
- Est. down payment (10%)
- $141K
- Est. cash at closing
- $193K
- Monthly payment
- $15,721
- Annual debt service
- $189K
- Cash flow needed (1.25×)
- $236K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Live Oak Banking Company · Lender record →
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- Brickyard Bowling Green LLC in Bowling Green, KY — $919K (2025) · purchase · Milestone Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 9.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $689K (75%)
- Approval → funding
- 7 days
- Approved
- 8/22/2025
- First disbursed
- 8/29/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 10
- Business age
- Change of Ownership
- Industry
- Automotive Oil Change and Lubrication Shops
If you were the buyer here
- Est. deal size
- $1.0M
- Est. down payment (10%)
- $102K
- Est. cash at closing
- $140K
- Monthly payment
- $11,892
- Annual debt service
- $143K
- Cash flow needed (1.25×)
- $178K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Milestone Bank · Lender record →
Your business? Claim this record · Request removal
- CM Kenosha Automotive LLC in Kenosha, WI — $328K (2025) · VelocitySBA, LLC
- Program
- Preferred Lenders Program
- Rate at approval
- 10.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $246K (75%)
- Approval → funding
- 12 days
- Approved
- 10/10/2024
- First disbursed
- 10/22/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 6
- Business age
- New Business or 2 years or less
- Industry
- Automotive Parts and Accessories Retailers
Funded by VelocitySBA, LLC · Lender record →
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Who funds Midas — and where
Every dot is a financed Midas — 65 mapped.
Financed Midas locations — list all 65 as text
- AMG Enterprises, LLC — Branford · $334K · FY2021 · All Other Automotive Repair and Maintenance
- Ray Automotive, LLC — Oxford · $150K · FY2021 · Automotive Parts and Accessories Stores
- RMR Automotive LLC — Orange · $150K · FY2021 · General Automotive Repair
- Boomer Cakes LLC — Yukon · $405K · FY2021 · All Other Specialty Food Stores
- Dennesen Automotive, LLC — Acton · $620K · FY2021 · General Automotive Repair
- GO WEST AUTO ARIZONA, LLC — Peoria · $1.5M · FY2023 · General Automotive Repair
- Al-Sadad Automotive LLC — Baltimore · $350K · FY2023 · General Automotive Repair
- Ana Food LLC — Waterford · $1.1M · FY2023 · General Automotive Repair
- Midas NOCO NH — North Conway · $1.2M · FY2023 · General Automotive Repair
- AMJ SERVICES, INC — Marquette · $1.5M · FY2024 · General Automotive Repair
- Midas — Katy · $150K · FY2025 · General Automotive Repair
- BK Auto Ventures, LLC — Harrisonburg · $1.3M · FY2025 · General Automotive Repair
- RTR Autos Erath LLC — Stephenville · $2.3M · FY2025 · General Automotive Repair
- Brickyard Bowling Green LLC — Bowling Green · $919K · FY2025 · Automotive Oil Change and Lubrication Shops
- Mechanically Inclined Inc. — Carmichael · $100K · FY2025 · General Automotive Repair
- CTMID Inc. — Harrisonburg · $1.5M · FY2026 · General Automotive Repair
- INCLINED MECHANICALLY INC. — Fremont · $436K · FY2026 · General Automotive Repair
- Mechanically Inclined Inc. — Sacramento · $436K · FY2026 · General Automotive Repair
- Red Eagle, LLC — Tupelo · $300K · FY2026 · Automotive Oil Change and Lubrication Shops
- Red Eagle, LLC — Tupelo · $2.1M · FY2026 · Automotive Oil Change and Lubrication Shops
- Freedom Automotive CA LLC — Indio · $550K · FY2026 · General Automotive Repair
- BMOC BIZ BROAD RIPPLE LLC — Brownsburg · $50K · FY2020 · General Automotive Repair
- EMIG Enterprises, Inc. — Hanover · $1.2M · FY2020 · General Automotive Repair
- ALAMILLA ENTERPRISES, LLC — Plano · $975K · FY2020 · General Automotive Repair
- Hanoray Inc — Fort Worth · $195K · FY2020 · Other Automotive Mechanical and Electrical Repair and Mainte
- AMG Enterprises, LLC — Branford · $192K · FY2020 · All Other Automotive Repair and Maintenance
- Midas Auto Service & Tires — Huntsville · $800K · FY2021 · General Automotive Repair
- Folmar Family Properties, LLC — Boerne · $1.2M · FY2021 · General Automotive Repair
- Hanoray Inc — Fort Worth · $185K · FY2022 · General Automotive Repair
- Carmichael Midas — Carmichael · $390K · FY2022 · General Automotive Repair
- Midas — Bonney Lake · $3.1M · FY2022 · General Automotive Repair
- Styve Properties L.L.C. — Shakopee · $1.2M · FY2022 · General Automotive Repair
- Pride of Racine Automotive LLC — Mount Pleasant · $327K · FY2025 · Automotive Parts and Accessories Retailers
- CM Kenosha Automotive LLC — Kenosha · $328K · FY2025 · Automotive Parts and Accessories Retailers
- Pride of Mundelein Automotive LLC — Long Grove · $327K · FY2025 · Automotive Parts and Accessories Retailers
- GOLDEN TOUCH AUTOMOTIVE LLC — Tampa · $1.2M · FY2023 · General Automotive Repair
- Johnson & Taylor Enterprises, LLC — Raleigh · $600K · FY2023 · General Automotive Repair
- TOUCH OF GOLD X LLC — Fort Wayne · $180K · FY2023 · Automotive Oil Change and Lubrication Shops
- TOUCH OF GOLD XI LLC — Fort Wayne · $180K · FY2023 · Automotive Oil Change and Lubrication Shops
- Always Ready Automotive Corporation — Fremont · $205K · FY2024 · Specialized Automotive Repair
- JLS Automotive Group LLC — Chicago · $185K · FY2025 · All Other Automotive Repair and Maintenance
- MITCHELLS MANAGEMENT LLC — Lynn · $194K · FY2025 · General Automotive Repair
- Mematt Investments (FL), Inc. — Naples · $250K · FY2025 · General Automotive Repair
- H&R Handlers LLC — Modesto · $430K · FY2023 · General Automotive Repair
- D&L Management Group, Inc. — Angola · $2.1M · FY2020 · All Other Automotive Repair and Maintenance
- RTR Auto Parts & Service LLC — Granbury · $685K · FY2020 · General Automotive Repair
- Midas — Las Vegas · $350K · FY2020 · General Automotive Repair
- Midas — College Station · $550K · FY2020 · General Automotive Repair
- Ray Automotive, LLC — Columbus · $270K · FY2020 · Automotive Exhaust System Repair
- Central Vally Auto Experts LLC — Visalia · $450K · FY2020 · General Automotive Repair
- Leggett Automotive LLC — Memphis · $1.3M · FY2022 · General Automotive Repair
- Gallomar, LLC — North Richland Hills · $250K · FY2022 · General Automotive Repair
- D&L Management Richmond, LLC — Richmond · $300K · FY2022 · Automotive Oil Change and Lubrication Shops
- MerlinMN001 LLC — Andover · $1.2M · FY2022 · General Automotive Repair
- MerlinMN001 LLC — Andover · $50K · FY2022 · General Automotive Repair
- Midas — Marysville · $4.3M · FY2022 · Automotive Oil Change and Lubrication Shops
- TOUCH OF GOLD IX LLC — Fort Wayne · $50K · FY2022 · Automotive Oil Change and Lubrication Shops
- TOUCH OF GOLD IX LLC — Fort Wayne · $162K · FY2022 · Automotive Oil Change and Lubrication Shops
- Dff Racing, Inc — Escanaba · $648K · FY2021 · General Automotive Repair
- RDR Holdings, LLC — Fayetteville · $450K · FY2021 · General Automotive Repair
- MDT Auto Repair LLC — Troy · $846K · FY2021 · General Automotive Repair
- MDT Auto Repair LLC — Troy · $50K · FY2021 · General Automotive Repair
- Advanced Auto Repair of Wausau Inc. — Wausau · $400K · FY2021 · General Automotive Repair
- Touch of Gold, LLC — Gary · $243K · FY2021 · All Other Automotive Repair and Maintenance
- Bakersfield Midas — Bakersfield · $327K · FY2021 · General Automotive Repair
Top lenders for this brand
Most active states
- 1.California (11 loans)
- 2.Texas (9 loans)
- 3.Indiana (8 loans)
- 4.Michigan (5 loans)
- 5.Mississippi (4 loans)
- 6.Minnesota (3 loans)
- 7.Wisconsin (3 loans)
- 8.Connecticut (2 loans)
Represent Midas?
Claim this brand page free to keep the numbers in context, add your story, and hear about qualified buyers early.
Common questions
How much does a Midas cost to buy or open?
The typical deal for Midas is $405K across 65 transactions since 2020. With the SBA's 10% minimum down payment, that points to roughly $45K of buyer cash on a typical deal.
How risky is Midas?
0% of Midas's FY2020–23 deals failed and were written off. Under 1% is excellent; 1–3% is normal; above 3% deserves hard questions before the LOI.
Can I finance a Midas with an SBA loan?
Yes — Midas has been SBA-financed 17 times since FY2025, which means it clears the SBA Franchise Directory requirement regularly. Confirm current listing before signing an LOI.
Buying a Midas franchise
Most Midas buyers finance the purchase or build-out with an SBA 7(a) loan — up to 90% of the cost with roughly 10% down. The typical Midas deal financed for $405K, which points to about $45K of buyer cash on a typical purchase. Midas is listed in the SBA Franchise Directory (identifier S1110), so it's eligible to finance today — confirm current listing with your lender before the LOI. See the lenders that already fund Midas — a bank that knows the brand approves faster — or pre-qualify for financing to see your likely loan size first.
AI summary
This profile summarizes public SBA financing activity for Midas — lender activity, typical loan sizes, financing history, and risk and failure signals where available — via CapBench SBA Intelligence. CapBench is not a lender.
Source: CapBench SBA Intelligence, based on public SBA, lender, franchise, FDIC, and related records. CapBench is not a lender and does not guarantee financing.
Agent summary
This page summarizes public SBA 7(a) financing for Midas — typical deal size, the lenders that fund the brand, geography, and failure-rate context — from CapBench SBA Intelligence. Midas is confirmed in the SBA Franchise Directory here; CapBench is not a lender and does not sell franchises.
- 65 SBA 7(a) deals since 2020
- $405K typical deal
- 17 deals since FY2025
- 0% failure rate (FY20–23 cohort)
- SBA Franchise Directory: listed (identifier S1110)
- Top lenders: Live Oak Banking Company, Centier Bank, IncredibleBank
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.
- Financing figures are historical SBA loan records, not a current offer or franchise availability. Confirm SBA Franchise Directory listing with your lender before an LOI.
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Represent Midas?
Claim this brand page to keep the numbers in context, add your story, and hear about qualified buyers early.
CapBench analysis of public lending records, FY2020–present. Charge-off rate measured on the FY2020–23 cohort. Not affiliated with Midas.