
← Boring Money11 Aug · 56 min
He Owns 36 Auto Repair Shops Doing $50M a Year. He’s Never Fixed a Car.
He Owns 36 Auto Repair Shops Doing $50M a Year. He’s Never Fixed a Car.
Brian Beers has never fixed a car. He owns 36 Midas locations across Philadelphia, New Jersey and Allentown doing more than $50 million a year—with a CEO running the day-to-day, mechanics earning $5,000 in a week, and a business that runs without him. His dad became a Midas franchisee in the 1970s. Brian joined after college in 2010, writing service tickets, knowing nothing about cars. Six years later he and his brother put in $67,000 each, borrowed the rest, and bought two stores from a reti...