Big O Tires vs Mighty Auto Parts Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Big O Tires vs Mighty Auto Parts including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Big O Tires Franchise
Mighty Auto Parts Franchise
Investment $311,000 - $1,133,300$227,000 - $496,100
Franchise Fee $35,000$22,500 - $57,500
Royalty Fee 2%-5%5%
Advertising Fee 4.45%0.5%
Year Founded 19621963
Year Franchised 19621970
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee $1.5K20% of current license fee


Business Experience Requirements
 
Big O Tires Franchise
Mighty Auto Parts Franchise
Experience
  • Strong management skills

  • Industry experience
  • General business experience
    		•

    Financing Options
     
    Big O Tires Franchise
    Mighty Auto Parts Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs No/YesNo/Yes
    Equipment No/YesNo/Yes
    Inventory No/YesNo/Yes
    Receivables No/NoNo/Yes
    Payroll No/NoNo/Yes

    Training & Support
     
    Big O Tires Franchise
    Mighty Auto Parts Franchise
    Training On-The-Job Training: Varies Classroom Training: 80 hours Additional Training: Online training On-The-Job Training: 88 hours Classroom Training: 29 hours
    Support Purchasing Co-ops Newsletter Meetings/Conventions Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform
    Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app Co-op advertising, Ad slicks, National media, Regional advertising
    Operations 20% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 8

    Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)

    		 6% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 1

    Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators)

    Expansion Plans
     
    Big O Tires Franchise
    Mighty Auto Parts Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About Big O Tires

    A small group of tire dealers came together in 1962 and started Big O Tires, a franchise that is now based in Palm Beach Gardens, Florida.. Each Big O Tires center offers a variety of auto repair services, including brake, alignment and front-end repair, as well as tire and ride control products. Big O Tires has centers across the United States and in British Columbia, Canada.

    The Team You Trust!

    The total investment necessary to begin operation of a Big O Tires franchise ranges from $311,000 to $1,133,300. This includes between $73,500 and $875,000 that must be paid to the franchisor or its affiliates.
    If you sign an Area Development Agreement for multi-unit development, then you must pay the franchisor or its affiliate a development fee equal to the total initial franchise fees for the number of additional Big O Tires you agree to develop in advance, which initial franchise fees will range from $7,500 to $30,000 per Store based on the number of Stores you agree to develop and whether you are an existing franchisee.
    Veteran Incentives  Franchise fee waived

    "franchiserankingscom"   "Entrepreneur
    #100 on Franchise Rankings.com
    #91 in Franchise 500 for 2020.
    #205 in Franchise 500 for 2021.








    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.

    Seeking new franchise units throughout the U.S., Australia/New Zealand, Canada, Central America, Mexico, Philippines, South America and Western Europe

    Veteran Incentives  25% off license fee; training/administration fee waived; special payment terms on initial inventory
    "Top
    #63 in Gator's Top franchises.

    "Entrepreneur
    #378 in Franchise 500 for 2020.