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Promoted Opportunities

Mighty Auto Parts

Initial Investment

LOW: $134,100
HIGH: $302,400

Change in Units

-2.7% -3 UNITS (1 Year)
-3.6% -4 UNITS (3 Years)

Company Profile

Founded

1963

Franchising Since

1970 (47 Years)

Corporate Address

650 Engineering Dr. Norcross, GA 30092

CEO

Kenneth Voelker

Parent Company

Grupo Gonher

About Mighty Auto Parts

Dallas Wallace began selling tire supplies to service stations and garages in 1963, expanding product lines and distributors as business grew throughout the '60s and '70s.

Mighty Distribution System of America started franchising in 1970 and is still a privately held company that provides underhood and undercar parts at locations nationwide.

Financials

Financial Requirements

Initial Investment

$134,100 - $302,400

Net-worth Requirement

$500,000

Liquid Cash Requirement

$100,000

Ongoing Fees

Initial Franchise Fee

$15,500 - $40,000

Ongoing Royalty Fee

5%

Ad Royalty Fee

0.5%

Financing Options

Veteran Incentives


25% off license fee; training/administration fee waived; special payment terms on initial inventory

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training Onsite: 5 days

Training at headquarters: 4 days

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks

Absentee Ownership Allowed

Number of employees required to run: 1

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: September 8th, 2016

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