SBA 7(a)/504 FOIA · FY1991–PRESENT · MICHIGAN
Midas Muffler Shop franchise in Michigan: what the public record shows
Franchisees of Midas Muffler Shop in Michigan have taken 19 SBA loans since 1991 (average $479,694), and of the 13 loans whose story has ended, 0.0% were charged off — versus 12.7% for Midas Muffler Shop nationally and 14.8% across all rateable franchise brands.
Loans in MI
19
Resolved
13
Local charge-off
0.0%
National charge-off
12.7%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = MI. Charge-off rate = charged-off ÷ (charged-off + paid-in-full); open loans excluded. A local rate is published only when the resolved cohort clears our floor.
Businesses in this industry
3,173
statewide, all operators
Per 100k residents
31.3
national 30.2
Versus the country
+4%
denser
Every business in Midas Muffler Shop's industry operating in Michigan — franchised and independent — from the Census Bureau's County Business Patterns (2023), against 2024 population estimates. Counter-intuitively, density is not a warning: across 198 brand-state cells in our loan data, the densest quartile charges off at 5.6% versus 18.1% in the thinnest. A crowded market is usually proven demand; an empty one is often empty for a reason.
| System | Loans in MI | Local charge-off | Units in MI |
|---|---|---|---|
| Sunoco Service Station | 30 | 14.3% | — |
| Mobil Oil (Stations) | 19 | thin | — |
| Amoco (Gas Station) | 10 | thin | — |
| Maaco Auto Painting Center | 10 | thin | — |
| Shell Service Station | 10 | thin | — |
| LINE-X | 9 | thin | 3 |
| Marathon Oil | 9 | thin | — |
| Meineke | 9 | thin | — |
| All Tune and Lube | 8 | thin | — |
| Napa Auto Parts | 8 | thin | — |
| Tuffy Muffler Center | 8 | thin | — |
| Valvoline Instant Oil Change | 7 | thin | — |
Same sector, same state, same public records — how Midas Muffler Shop compares to the systems a buyer in Michigan would actually be choosing between. Local rates under 10 resolved loans are marked thin, not hidden.
A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing Midas Muffler Shop's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →