"We are pleased that we opened 6 new shops this year.  But unfortunately 21 have closed in the U.S. and Canada during the same period.  Our goal remains the same; stabilize shop count this year, and begin to see increases in 2008.  To that end, year-to-date, we have signed 8 conversions all of which should open this year.  In addition to the conversions, as I said, we have 6 new shops under construction. 

Inquiries into the Midas franchise opportunities continues to grow, with leads up 34% during the quarter as compared to the same period last year.  As a result, we were able to transition 28 shops in the second quarter to new owners, with more than 2/3rds of them ...

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Related Companies: Midas