Mighty Auto Parts vs Tire Pros Francorp, LLC Franchise Comparison

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

Start-Up Costs and Fees
 
Mighty Auto Parts Franchise
Tire Pros Francorp, LLC Franchise
Investment $227,000 - $496,100$27,500 - $396,500
Franchise Fee $22,500 - $57,500$27,000
Royalty Fee 5%-
Advertising Fee 0.5%-
Year Founded 19632018
Year Franchised 19702018
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 20% of current license fee-


Business Experience Requirements
 
Mighty Auto Parts Franchise
Tire Pros Francorp, LLC Franchise
Experience
  • Industry experience
  • General business experience
    		• -

    Financing Options
     
    Mighty Auto Parts Franchise
    Tire Pros Francorp, LLC 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
    Tire Pros Francorp, LLC 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
    Tire Pros Francorp, LLC Franchise
    US Expansion -Yes
    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 Tire Pros Francorp, LLC

    ""

    Tire Pros Francorp, LLC. is a single member California limited liability company. Prior to this time, they were known as Tire Pros Francorp, Inc., a California corporation.
    They converted their California corporation to the California limited liability company on December 18, 2018. Their former California corporation was organized on June 16, 1988

    The total investment necessary to convert an existing tire retail center to a TIRE PROS Center is $27,500 to $157,500.

    The total investment  necessary to begin operation of
    a start-up TIRE PROS Center is $218,000 to $396,500.