SBA 7(a)/504 FOIA · FY1991–PRESENT · MINNESOTA
Midas Muffler Shop franchise in Minnesota: what the public record shows
Franchisees of Midas Muffler Shop in Minnesota have taken 10 SBA loans since 1991 (average $393,620)— too few resolved loans in-state to publish a local failure rate (we require a resolved cohort, never extrapolate), so the brand's national rate of 12.7% is the better guide.
Loans in MN
10
Resolved
8
Local charge-off
thin
National charge-off
12.7%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = MN. 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 of 30 loans.
Businesses in this industry
1,915
statewide, all operators
Per 100k residents
33.1
national 30.2
Versus the country
+10%
denser
Every business in Midas Muffler Shop's industry operating in Minnesota — 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 MN | Local charge-off | Units in MN |
|---|---|---|---|
| Napa Auto Parts | 29 | 3.8% | — |
| Tires Plus | 17 | 0.0% | — |
| Amoco (Gas Station) | 12 | 18.2% | — |
| Maaco Auto Painting Center | 10 | thin | — |
| All Tune and Lube | 8 | thin | — |
| Valvoline Instant Oil Change | 8 | thin | — |
| Meineke | 7 | thin | — |
| Pirtek | 7 | thin | — |
| World Fuel Services, Inc Wholesale Supply Agreement | 7 | thin | — |
| Christian Brothers Automotive | 5 | thin | — |
| Cottman Transmission | 5 | thin | — |
| Maaco Auto Painting & Bodyworks/Maaco Collisi | 5 | thin | — |
Same sector, same state, same public records — how Midas Muffler Shop compares to the systems a buyer in Minnesota 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 →