Midas
TBC Corp.
Company Information
100 Hillside Avenue
Midas and SpeeDee each operate under its own corporate names and its own trademarks. Midas is a corporation incorporated under the laws of Delaware on September 11, 1959. SpeeDee is a corporation incorporated under the laws of Delaware on February 1, 2008. SpeeDee is a wholly-owned subsidiary of Midas. The principal business address of Midas and SpeeDee is 4300 TBC Way, Palm Beach Gardens, Florida, 33410.
We offer qualified applicants franchises for Showhomes Businesses which provide services for residential real estate properties ('Properties'). The Showhomes Business specializes in helping accelerate the sale of vacant Properties by delivering residential decoration, staging, redesign, cosmetic home updating-remodeling, furnishing and other products and services ('Staging Services') and recruiting and placing Home Managers ('Home Managers') who maintain, furnish, and live in the Properties ('Home Management Services'). The Showhomes Business also provides services to owners of occupied Properties for home redesign, cosmetic home updating-remodeling, and makeover and interior updating services for vacant and occupied homes (the 'Redesign and Updating Services'). The Staging Services, Home Management Services and Redesign and Updating Services are referred to collectively as 'Services.'
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Franchise Rating
Franchimp Summary Rating
5/10
Earning Transparency
7/10
Franchise Attrition
3/10
Investment Accessibility
5/10
Summary of potential earnings
$696,416 / unit
Average Gross Profit During 2020Automotive
$3,362,793 / unit
Average Revenue During 2020Automotive
Franchise System Development
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Distribution of Midas Franchisee
Employee Contact Database
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Summary of Investment Costs
Upfront Franchise Fees
Minimum: $30,150 Maximum: $637,000
Upfront franchise fees are the one-time payments required to secure rights to operate under an established brand, typically ranging from $20,000 to $100,000+ depending on brand value.
These fees grant access to proprietary business systems, training programs, intellectual property rights, and often territorial exclusivity—essentially purchasing the blueprint for a proven business model.
While separate from ongoing royalties, investors should evaluate these fees against expected returns, comparing fee-to-earnings ratios across opportunities and assessing how effectively franchisors reinvest these funds into system improvements.
Total Investment Costs
Minimum: $209,150 Maximum: $884,890
Ongoing Fees
Ongoing franchise fees, typically structured as royalties ranging from 4-8% of gross sales, represent the continuous payments franchisees make to maintain brand affiliation and support services.
These recurring fees fund the franchisor's operational assistance, marketing initiatives, technology updates, and continued brand development—creating a partnership where the franchisor's revenue grows alongside the franchisee's success. In addition to royalties, franchisees often contribute to national advertising funds (usually 1-3% of sales) and may incur technology fees, supply chain markups, or renewal fees depending on the franchise agreement.
Investors should carefully analyze these ongoing costs within their financial projections, as they directly impact profit margins and cash flow throughout the entire franchise relationship.
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