Midas Selects Art Blumenthal LLC for New Dealer Recruitment Initiative

MALVERN, Pa. — Art Blumenthal LLC has announced a new broker referral agreement with Midas, through which the company will provide business brokerage and advisory services to both buyers and sellers of Midas Auto Center locations.

The new agreement comes on the heels of the announcement in August that tire and automotive aftermarket industry veteran Art Blumenthal launched a new aftermarket-specific nationwide business brokerage firm bearing his name.

Leveraging more than 30 years of experience as both an aftermarket business owner and aftermarket technology executive, Art Blumenthal LLC provides brokerage and advisory services to both buyers and sellers of industry businesses of all sizes. Blumenthal’s experience includes his ownership of four Midas Auto Center franchises early in his career.

Under the terms of the new partnership, Blumenthal will find and recruit entrepreneurs for immediate nationwide opportunities to become Midas Auto Center franchisees. Blumenthal will act on behalf of Midas Corp. for selected company owned locations that are for sale, as well as individual franchisees who wish to retire.

Blumenthal said, “Our new partnership streamlines the process for the purchase and sale of Midas Auto Centers nationwide. By bringing my in-depth experience in operating and selling multiple Midas Auto Center franchises to the table, I am uniquely positioned to initiate and facilitate the changing of hands of Midas Auto Centers between new owners. Perhaps even more importantly, my services provide current Midas franchisees with the tools needed to create an exit strategy for the future to maximize the ultimate selling price of their businesses.”

Tom Scott, director of franchise recruitment for Midas, added, “A Midas franchise offers a candidate the opportunity to run a community-based business and be supported by a company with over 50 years of franchising experience. Art Blumenthal’s expertise in the automotive aftermarket and his desire to help potential entrepreneurs achieve their dream of career change is a welcome addition to our efforts to grow and transform into a one-stop shop for total car care, including tires.”