| ||||
Updated RecentlyMighty Auto Parts vs Chemstation Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Mighty Auto Parts vs Chemstation including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $227,000 - $496,100 | $324,000 - $441,500 |
| Franchise Fee | $22,500 - $57,500 | $50,000 |
| Royalty Fee | 5% | 4% |
| Advertising Fee | 0.5% | to 1% |
| Year Founded | 1963 | 1965 |
| Year Franchised | 1970 | 1983 |
| Term Of Agreement | 10 years | 10 years |
| Term Of Agreement | 10 years | 10 years |
| Renewal Fee | 20% of current license fee | - |
Business Experience Requirements |
||
| Experience | ||
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | No/No |
| Start-up Costs | No/Yes | Yes/Yes |
| Equipment | No/Yes | Yes/Yes |
| Inventory | No/Yes | No/No |
| Receivables | No/Yes | No/No |
| Payroll | No/Yes | No/No |
Training & Support |
||
| Training | On-The-Job Training: 88 hours Classroom Training: 29 hours | On-The-Job Training: 40 hours Classroom Training: 20 hours |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Field Operations Site Selection Proprietary Software |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Social media Website development |
| Operations |
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) |
2% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| US Expansion | - | Yes |
| Canada Expansion | No | No |
| International Expansion | No | No |
Company Overviews
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]("https://d1v10wa6gxsq73.cloudfront.net/images/production/top100_icon3.png")
!["Entrepreneur]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}
About Chemstation
In the early '80s, George Homan's Dayton, Ohio, distribution company was suffering from the impact of the recession. To combat this, the company began manufacturing its own detergent formulas, delivering the detergent to industrial customers in refillable containers. Chemstation customers receive free containers that franchisees refill. Franchisees handle all receiving, storing, disposing and rendering of the detergent for their customers.