Mighty Auto Parts
Mighty Auto Parts was founded in 1963 as a network of regional and local suppliers to the industry of automotive service. They offered a direct-sourcing model from the beginning for preventive maintenance, shop supplies, common-use auto parts, chemicals, vehicles oil, and lubricants. In 1993, they have been added by automotive-related service companies to diversify and complement their operations using Mighty’s model of business. Kenneth Voelker is the CEO of Mighty Auto Parts.
Established in: 1963
Parent Organization: Grupo Gonher
Franchising from: 48 Years from 1970
Company Address: 650 Engineering Dr. Norcross, GA 30092
Investment:
Their Minimum Investment was: $144,100
Their Maximum Investment was: $372,400
Units:
1st Year: -1 Unit (-0.9%)
After 3 Years: -8 Units (-7.0%)
Locations of Units:
U.S. Franchises |
Franchises Outside US |
Company Owned |
|
2016 |
100 |
2 |
5 |
2017 |
100 |
2 |
4 |
They are seeking new units of the franchise throughout the U.S. and in the states/regions of Australia/New Zealand, Mexico, Central America, South America, Canada and Western Europe, Philippines
Financing Options:
To cover startups costs, franchise fee, payroll, equipment costs, accounts receivable and inventory costs Mighty Auto Parts maintains third party sources relationships which offer finance.
Financial Requirement:
Initial Investment: $144,100 – $372,400
Net-worth Requirement: $500,000
Liquid Cash Requirement: $100,000
Support Options:
- Grand Opening
- Toll-Free Line
- Meetings/Conventions
- Newsletter
- Purchasing Co-ops
- Online Support
- Field Operations
- Proprietary Software
- Franchise Intranet Platform
Marketing Support:
- Social Media
- SEO
- Co-op Advertising
- Email marketing
- Website development
- Ad Templates
Website: mightyautoparts.com
Facebook Page: Post or share on Mighty Auto Parts Facebook
Daily Tweet: Mighty Auto Parts Twitter
Instagram: Mighty Auto Parts Instagram to post
Customer Service Number: 800 829 3900
For Support: Customer Feedback