Mighty Auto Parts vs Munster Tool Franchise Comparison

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

 
Mighty Auto Parts Franchise
Munster Tool Franchise
Investment $227,000 - $496,100$30,000 - $50,000
Franchise Fee $22,500 - $57,500N/A
Royalty Fee 5%-
Advertising Fee 0.5%-
Year Founded 19631980
Year Franchised 19701980
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 20% of current license fee-


Business Experience Requirements

 
Mighty Auto Parts Franchise
Munster Tool Franchise
Experience
  • Industry experience
  • General business experience
  • -

    Financing Options

     
    Mighty Auto Parts Franchise
    Munster Tool 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
    Munster Tool 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
    Munster Tool 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 Munster Tool

    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.