Midas Corporate Office

Midas Corporate Office Address

Midas Corporation
4300 TBC Way
Palm Beach Gardens, FL 33410

Contact Midas

Phone Number: (561) 383-3000
Fax Number: (800) 867-0385
Website: http://www.midas.com
Email: Email Midas

Executives

CEO: Lawrence C. Day
CFO: Timothy J. Miller
COO: Erik R. Olsen

Midas History

Midas began in 1956 as the Muffler Installation Dealers Associated Serivce or MIDAS for short.  The company was founded by Nate Sherman with the first location in Macon, Georgia.

By 1966, there were 426 Midas locations.

In 1972, Midas International was purchased by IC Industries.  The company was renamed to the Whitman Corporation.

In 1979, in addition to mufflers, the company begins to offer brake services.

By 1980, there were 1350 Midas locations worldwide.

In 1986, the 2000th location was opened.

In 1998, Whitman spun Midas off as its own company and is listed on the NYSE.

In 2001, the company purchases 98 franchise locations in an attempt to improve profits.

In 2012, the company is purchased by the TBC Corporation and taken private.

Today, there are over 2500 Midas locations worldwide.

 

{ 7 comments… read them below or add one }

mary February 11, 2014 at 12:21 pm

I took my car to get new tires installed and when they had my car up on the lift they called me over to show me that my radiator was leaking coolant/antifreeze. I was flabbergasted to see that because I just had the car at the service dealership 5 days ago where they performed a coolant service and a complete brake fluid exchange. I questioned them if they had touched anything under the car for this to happen because my driveway and parking space there at Midas showed no signs of any leaking liquids. They assured me that nothing had been touched and took a small flashlight and showed me a pinkish substance under the car where the radiator was cracked and therefore leaking coolant. He said that the leak was big and I would need a new radiator. I told him that I just had the car serviced at the dealership and that I would be taking it back there and just to install my tires and nothing else, since the baby was crying already and I had to go feed and nap her. That afternoon I took it back to the service dept and they quickly put it up on the lift and informed me that the radiator had NO leaks or cracks! The mechanic examined everything and noticed a clamp on one of the hoses “lost its tension”. He though it was very odd that the hose became loose because they didn’t touch the hoses when they performed the coolant service, but they replaced the clamp and tightened it. Now my car is not leaking any fluids AGAIN, just like it wasn’t until Midas sneakily loosened the clamp hose to try to make some extra money. I would have never thought that a company so well known as Midas would be so corrupt and dishonorable to endanger the life of one of their customers and their children just for business! I did keep both multi-point inspection reports from Midas and my dealership’s service dept to compare and keep for my records. Please use this as a warning….”You do not deserve the Midas touch!”

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Deborah Powers February 3, 2014 at 6:16 pm

I took my vehicle,1999 Buick Regal, into this place of business on Wed. Jan.22nd 2014 for an oil change and to check for smelling gas. They did the oil change and called to tell me I needed a new gas line due to the old one being cracked. I authorized the work. I then received another phone call stating that my engine locked up when they were done with repair and attempted to start vehicle. I asked how that was possible when the work done had nothing to do with the engine. I was then told well we had to put more oil in it,why would you need to do that if you just changed the oil unless the cap was left off and the oil ran out. Which would explain my engine locking up. I have a warranty so I authorized them to tear down the engine and find the problem. I then received a phone call stating it was not the engine but the vapor lock. Very confused at this point I say ok do the work. I receive a phone call on Tues. Jan.28th 2014 stating that the repairs were going well and the car would be ready tomorrow. Okay great!! I receive a call on Wed. Jan. 29th stating when they started the car, it ran for 15min and then the engine locked up. i’m angry at this point because nothing was wrong with my engine when I took my car in the week prior. Now the owner is saying to me that he will not take the engine apart again and fix it but he will charge me another $1700.00 to put a used engine in my car. I currently have 60,000 miles on my engine which is a 1999 Buick Regal. He wants to put an engine with 93,000 miles on it in my car. I believe clearly this is negligence on the behalf of Midas and I would like my vehicle repaired and running at no extra cost to me.

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Eugene Agresta January 30, 2014 at 4:42 pm

To whom it may concern,
Approx. 2 years ago I had my muffler-tail pipe and exhaust pipe replace at the Bayville, NJ store. At that time there was some issues:
1.tailpipe to long hit ground when at any driveway apron-went back and mechanic shortin pipe
2. The exhaust pipe was hitting the underside of car chaise at the rear wheel axel
Mechanic decided to put van on lift and hamner in the under carriage at point of in pact.
3. Muffler continuity bottomed out at driveway apron or any small bump or divot in the road
when back with car again and was told by mechanic that the steel strap install was the correct length and couldn’t be adjusted because it was welded to the frame and muffler.
Now approx. 2 years later the muffler fell off and was dragging on the ground.
I brought the car to the local Midas shop in Dumont,NJ for new free muffler.
The store Manager told me that I not only need a muffler, but an new exhaust pipe, tail pipe, muffler and clamps.
I explained what took place in the pass situation,but to avail. I had to pay over $400.00 again, even with the free muffler..
Also the manager stated that this mechanic and himself inspected the exhaust system prior to the work and found that the previous Midas installed used a steel strap in lieu of proper hangers and makeshift exhaust components to make the system work.
What recourse do I have-notify the Better Business Bureau or what?

Thank you,
Mr. Eugene Agresta
201-362-XXXX

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Gloria January 22, 2014 at 8:34 am

Take my truck for a tuneup everything was working fine no light were on and now I have light sensors going on .sensors going off saying that a CAL off on my truck I didn’t have that problem before and they say the battery I had that track inspected before I took it there . They even charge me for something they did they broke the top of fan protector that goes across the truck
I don’t what’s it’s called but it goes Watercross when you open the hood . Charge me $15 to glue it for glue or something at the in-store use and they charge me $940 for The guy broke the boot off and they charge me $20 for each three of them and something they did it’s their mistake they should replace it I would think so I took my truck there it was not Glue up.I got it back with glue .my husband was mad . I usually don’t have problems with them but this time I did and my husband did not like that. Next time I’ll take it to the dodge they do my oil changed there and they do an awesome job. Second week and still waiting for that part come hope they have it ready.

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craig moore December 6, 2013 at 4:52 pm

Craig Moore On 12-5-13 at around 1 pm I took my 2000 G M C truck, to Midas for new brake lines and two day’s later on 12-6-13 at 4:12 pm they want to charge me close to 300.00 more then the job started out to be. evidently to be taken to the cleaners. I think it ‘s down right out rages, that when you take your vehicle to place your suppose to be able to trust, and when through there negligence & hurry they mess up a part! On your vehicle & want you to pay for the part that they screwed up!! at a 45% mark up on there parts,after they neglect to take the time to clean & do the job right in the first place. Iv’e been to this store twice now and each time i go they are on a new manager? I now understand why. The Midas store at 5435 Monro st in Toledo is not to be trusted they will rip you off & take pride in doing so. I will never deal with these thieves again.!!!

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Marigrace Furby October 7, 2013 at 11:40 am

I had a similar bad experience with Midas. I took my car in for brake work. They convinced me I needed new bearings etc.. and the bill was $299.46 when I picked up the car the next day I was told it was only a temporary fix but would last a couple weeks until I could get a new car with my husbands first pay check. Well, I got 54 miles from home and 5 hours later and all the bearing fell out. Luckily it happened in a walmart parking lot. If it had happened while driving we would all most likely be dead as car would have flipped end over end. I was able to locate a wonderful man who is also a mechanic and owns his own business and he said Midas didn’t even fix the parts needed and that what he saw was that it was the old parts and all Midas did was put grease in it and slap it back together long enough to get me off their property. Well, today I called Patrick at Midas and Patrick tells me I am wrong it is not the part the other mechanic says it is and then about 5 minutes later my husband calls him and he says that he looked at it again and he was wrong. He admits he (along with two other supposed mechanics) “made a mistake” and that now it will cost me the price of the part ($69) and $85 more in labor plus the fee to go pick up the new part. So my car has to sit there until Friday (payday) and my husband has to walk to work three days this week. This car should be fixed FREE OF CHARGE. I WILL NEVER EVER GO TO MIDAS AGAIN AND I AM TELLING EVERYONE I KNOW WHAT HAPPENED TO ME AND TO NEVER GO TO MIDAS. I had always been a Midas customer until now, but this was a horrible experience that could have taken our lives and it is unforgivable. If you read this go anywhere BUT midas.

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Lachel Bailey August 13, 2013 at 11:40 am

On 8/12/13 my 2002 Dodge Durango was towed to Midas shop for a $76 coolant job, after they looked at my vehicle the amount turned into $580 radiator job. I told them I couldn’t afford it they put water in it and we took it to a guy I normally deal with after he fixed we noticed I had no brake lights, after examing my vehicle the mechanic found that my brake light wires had been cut. When I took my truck to them a month ago for an oil change I ended up spending $200 for something else and oil change, they apparently found another issue. The very next day my truck started leaking coolant and the mechanic made a statement to me saying ” that customers think that we’ve done things to their vehichle to keep them coming back” and my response was “I have to admit there was none of these problems before coming to Midas. But my brake light wires where definately cut yesterday and my 17yr old son was driving and his life was jepordized with no brake lights. And just last week we put bulbs in my truck and all lights were checked and working.

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