Mighty Auto Parts
Wholesale distribution of auto parts
Mighty Auto Parts
Wholesale distribution of auto parts
About
Founded
1963
Franchising Since
1970 (48 Years)
Corporate Address
650 Engineering Dr.
Norcross, GA 30092
CEO
Kenneth Voelker
Parent Company
Grupo Gonher
Financial Requirements
Initial Investment ⓘ
$144,100 - $372,400
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
Mighty Auto Parts has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Veteran Incentives
25% off license fee; training/administration fee waived; special payment terms on initial inventory
Support Options
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social media
SEO
Email marketing
On-The-Job Training:
85 hours
Classroom Training:
29 hours
Absentee Ownership Allowed
Number of Employees Required to Run:
1
Mighty Auto Parts is ranked #345 in the Franchise 500!
Bio
Founded in 1963, Mighty Auto Parts started out as a network of local and regional suppliers to the automotive service industry. From the beginning, Mighty has offered a direct-sourcing model for preventive maintenance, common-use auto parts, shop supplies, oil, chemicals, and lubricants for vehicles. Mighty began franchising in 1970. In 1993, automotive-related service companies began adding Mighty franchises to diversify with a related company and complement their existing operations by employing Mighty's business model.
Cost
Initial Investment: Low - $144,100
High - $372,400
Units
-0.9%-1 UNITS (1 Year)
-7.0%-8 UNITS (3 Years)
Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: Australia/New Zealand, Canada, Central America, Middle East, Mexico, Philippines, South America, Western Europe
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