Midas, by the numbers
Every figure below comes from real financed deals — what buyers paid, where, and how the loans performed.
SBA Franchise Directory: listed ✓ (identifier S1110)
65 deals since 2020 · typical deal $405K · 0% failure rate
65
Deals since 2020
$405K
Typical deal
17
Deals since FY2025
0%
Failure rate (FY20–23)
What buyers pay for Midas
Most Midas deals financed between $205K and $1.08M. Above $1.08M, you're paying more than 75% of buyers did — make the seller earn it.
- Monthly payment (10-yr)
- $5,296
- Down payment (10%)
- $45K
- Cash to close (all-in)
- $60K
Estimates at today's rates and standard 7(a) terms. Not a loan offer.
Could you get the loan?
Three answers. No documents, no credit pull.
Credit score
Available cash (you'll need ~$60K)
Experience
Recent financings
- Red Eagle, LLC in Tupelo, MS — $2.1M (2026) · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 7.75% variable
- Term
- 300 mo (25 yrs)