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Midas, by the numbers

Midas appears in 65 SBA 7(a) loans since 2020, with a 0% cohort charge-off (failure) rate — from public SBA 7(a) loan records (FY2020–present). 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)

Midas buyers almost always make it — a 0% failure rate puts it among the safest franchise bets on record.

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
  • CTMID Inc. in Harrisonburg, VA — $1.5M (2026) · purchase · Live Oak Banking Company
  • Freedom Automotive CA LLC in Indio, CA — $550K (2026) · Live Oak Banking Company
  • INCLINED MECHANICALLY INC. in Fremont, CA — $436K (2026) · Live Oak Banking Company
  • Mechanically Inclined Inc. in Sacramento, CA — $436K (2026) · Live Oak Banking Company
  • Red Eagle, LLC in Tupelo, MS — $300K (2026) · Live Oak Banking Company
  • RTR Autos Erath LLC in Stephenville, TX — $2.3M (2025) · Live Oak Banking Company
  • BK Auto Ventures, LLC in Harrisonburg, VA — $1.3M (2025) · purchase · Live Oak Banking Company
  • Brickyard Bowling Green LLC in Bowling Green, KY — $919K (2025) · purchase · Milestone Bank
  • CM Kenosha Automotive LLC in Kenosha, WI — $328K (2025) · VelocitySBA, LLC

Hover or tap a deal for terms: program, rate, SBA guarantee, days to fund.

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Midas brand mark

Who funds Midas — and where

Every dot is a financed Midas — 65 mapped.

Financed Midas locations — list all 65 as text

Top lenders for this brand

  1. 1.Live Oak Banking Company(29)
  2. 2.Centier Bank(5)
  3. 3.IncredibleBank(3)
  4. 4.The Huntington National Bank(3)
  5. 5.VelocitySBA, LLC(3)

Most active states

  1. 1.California (11 loans)Midas lenders in California->
  2. 2.Texas (9 loans)Midas lenders in Texas->
  3. 3.Indiana (8 loans)Midas lenders in Indiana->
  4. 4.Michigan (5 loans)Midas lenders in Michigan->
  5. 5.Mississippi (4 loans)Midas lenders in Mississippi->
  6. 6.Minnesota (3 loans)Midas lenders in Minnesota->
  7. 7.Wisconsin (3 loans)Midas lenders in Wisconsin->
  8. 8.Connecticut (2 loans)Midas lenders in Connecticut->

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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

Next steps

Check SBA fitFind SBA lenders$9 lender report
Data freshness:
SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-07-26.
Sources:
Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:
https://www.capbench.com/franchises/midas
API:
https://www.capbench.com/api/public/franchises/midas
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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CapBench analysis of public lending records, FY2020–present. Charge-off rate measured on the FY2020–23 cohort. Not affiliated with Midas.

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