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Below is an in-depth analysis and side-by-side comparison of Mighty Auto Parts vs Munster Tool including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $227,000 - $496,100 | $30,000 - $50,000 |
Franchise Fee | $22,500 - $57,500 | N/A |
Royalty Fee | 5% | - |
Advertising Fee | 0.5% | - |
Year Founded | 1963 | 1980 |
Year Franchised | 1970 | 1980 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 20% of current license fee | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-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 |
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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 |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
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
Established in 1980, Munster Tool Co supplies top quality clothing, tools and equipment to
workshops in the automotive, agricultural, plant hire, transport, HGV
and allied industries in 32 countries
Munster Tool Co. operates from a modern computerised administration centre and warehouse in Mallow and our fleet of vans support our growing list of customers.
Our franchise is a proven business concept with a very strong Market share, Brand Awareness, Quality products and Exceptional customer service.