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Promoted Opportunities
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.
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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