Mighty Auto Parts vs Champion Auto Stores Franchise Comparison

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

Start-Up Costs and Fees

 
Mighty Auto Parts Franchise
Champion Auto Stores Franchise
Investment $227,000 - $496,100$225,000 - $400,000
Franchise Fee $22,500 - $57,500N/A
Royalty Fee 5%-
Advertising Fee 0.5%-
Year Founded 1963-
Year Franchised 1970-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 20% of current license fee-


Business Experience Requirements

 
Mighty Auto Parts Franchise
Champion Auto Stores Franchise
Experience
  • Industry experience
  • General business experience
  • -

    Financing Options

     
    Mighty Auto Parts Franchise
    Champion Auto Stores Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support

     
    Mighty Auto Parts Franchise
    Champion Auto Stores Franchise
    Training On-The-Job Training: 88 hours Classroom Training: 29 hours -
    Support 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 slicks, National media, Regional advertising-
    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)

    -

    Expansion Plans

     
    Mighty Auto Parts Franchise
    Champion Auto Stores Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion 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
    #63 in Gator's Top franchises.

    "Entrepreneur
    #378 in Franchise 500 for 2020.


    About Champion Auto Stores

    Champion Auto Stores has its  headquarters  at  Minnesota  but  there are  franchise opportunities that  are  springing  at different  parts  of the country . Currently there are 26 units that are located at various parts of United States. All these states are franchised. This means that they are under private owners and are operated by individuals who live and work within the local communities where the units are based.

    Champion Auto offers the owners with an opportunity to market automotive accessories and parts to the DIY and DIFM customers.  Champion Auto offers franchising opportunities for lucrative business that touches on the auto mobile industry. Working with Champion Auto Stores is a lifetime opportunity as it has openings for profitable business.

    You will have the opportunity of catering the needs of two separate groups at the same time. The first group comprises those people who are interested in doing their own tasks. The second group that you will be catering for is made up of individuals who need to be helped. You can make the Auto stores opportunity to be a truly lucrative business if you are able to cater for the needs of the two groups.