At a Glance: Key Differences
Data-driven observations based on disclosed figures. Not investment advice — verify current numbers in each franchise's FDD.
Investment & Fees
| Metric | Take 5 Oil Change | Midas |
|---|---|---|
| Min Investment | $200K | $198K |
| Max Investment | $400K | $1.0M |
| Franchise Fee | $35K | $35K |
| Royalty Rate | 6.0% | 10.0% |
| Ad Fund Rate | 2.0% | N/A |
Unit Economics
| Metric | Take 5 Oil Change | Midas |
|---|---|---|
| Avg Unit Revenue | $600K | $900K |
| Avg Profit Margin | N/A | N/A |
Scale & Growth
| Metric | Take 5 Oil Change | Midas |
|---|---|---|
| Total Units | 900 | 973 |
| Annual Growth | 15.0% | -10.0% |
| Failure Rate | 1.0% | N/A |
Franchisee Performance
| Metric | Take 5 Oil Change | Midas |
|---|---|---|
| Franchisee Satisfaction | 80/100 | 61/100 |
Track Record
| Metric | Take 5 Oil Change | Midas |
|---|---|---|
| Years in Business | 40 | N/A |
| Years Franchising | 5 | N/A |
Financial Requirements
| Metric | Take 5 Oil Change | Midas |
|---|---|---|
| Min Net Worth Required | $500K | N/A |
| Liquid Capital Required | $200K | N/A |
Operations
| Metric | Take 5 Oil Change | Midas |
|---|---|---|
| Avg Employees | 6 | N/A |
| Training Weeks | 3 | N/A |
Frequently Asked Questions
Is Take 5 Oil Change or Midas a better franchise investment?
The answer depends on your goals, budget, and market. Take 5 Oil Change has 900 total units and a 80/100 franchisee satisfaction score. Midas has 973 total units and a 61/100 franchisee satisfaction score. Use our ROI Calculator to model both scenarios.
How much does it cost to open a Take 5 Oil Change franchise?
Based on data in our database, opening a Take 5 Oil Change franchise requires an initial investment of $200K – $400K. The franchise fee is $35K, with ongoing royalties of 6.0%. Always request the current FDD for exact figures.
How much does it cost to open a Midas franchise?
Based on data in our database, opening a Midas franchise requires an initial investment of $198K – $1.0M. The franchise fee is $35K, with ongoing royalties of 10.0%. Always request the current FDD for exact figures.
What is the royalty rate for Take 5 Oil Change vs Midas?
Take 5 Oil Change's royalty rate is 6.0%. Midas's royalty rate is 10.0%. That means Midas has the lower ongoing royalty burden.
Which has more locations — Take 5 Oil Change or Midas?
Take 5 Oil Change has 900 total units. Midas has 973 total units. A larger system can mean more brand recognition, but also more territorial competition.
Is Take 5 Oil Change or Midas semi-absentee friendly?
Take 5 Oil Change is typically run as a semi-absentee model. Midas is typically run as a owner-operator model. If passive income is your goal, semi-absentee models let you hire a manager to run day-to-day operations.
Related Comparisons
Data sourced from franchise disclosure documents and public records. Investment ranges, royalty rates, and unit counts change — always request current FDD before making investment decisions. Last updated March 2026.
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