Mighty Auto Parts
Wholesale distributor of automotive replacement parts, supplies, chemicals, lubricants, and maintenance products to professional automotive repair and maintenance facilities, operating from warehouse and office locations with route sales, inventory support, training, and technical service.
Your franchise match score
Automotive
Brand highlights
- CEOKenneth S. Voelker
- Headquarters650 Engineering Drive, Norcross, GA, 30092
- Year founded1963
- Year started franchising1970
- IndustryAutomotive
- Locations open98 (-6 last three years)
Statistics & metrics
- Investment range$154,300 - $250,100
- Franchise fee$15,500
- RoyaltyRoyalty - Option A 2,5/ 5% of Gross Volume of Business for the first year; second year of operation the greater of 5% of Gross Volume of Business or $500 per month; third year of operation and after the greater of 5% of Gross Volume of Business or $1,000 per month; Royalty - Option B 2,5/ Or (alternatively by mutual agreement) 8.3% of Gross Product Purchases for the first year; second year of operation the greater of 8.3% of Gross Product Purchases or $500 per month; third year of operation and after the greater of 8.3% of Gross Product Purchases or $1,000 per month
- Brand fundAdvertising (FRANAD) 3, 5/ As determined by the Members, currently 0.5% of Gross Volume of Business (maximum of 1%), with a minimum annual contribution of $1,200 and a maximum annual contribution of $15,000($1,250 per month)
- Required Liquid CapitalN/A
- Required Net WorthN/A
Learn more about the Automotive industry:
The automotive industry offers a wide range of franchise opportunities, from repair and maintenance shops to car washes and dealerships. This sector is known for its steady demand and resilience, making it a popular choice for aspiring business owners.
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2019-03-31
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Mighty Auto Parts, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Business Experience | Review the professional backgrounds and relevant business experience of Mighty Auto Parts's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving Mighty Auto Parts, its affiliates, or key personnel that may be relevant to prospective franchisees. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Mighty Auto Parts franchise, including startup costs and working capital estimates. | |
| Financial Performance Representations | Review any financial performance information Mighty Auto Parts provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 98 |
| Franchise locations | 94 |
| Corporate locations | 4 |
System growth over time
FAQs
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