Mighty Auto Parts has been named one of the top 50 franchises for 2018 by Franchise Business Review. Mighty was one of 307 franchise brands participating, representing more than 28,000 franchise owners across North America.
Franchise Business Review surveyed franchisees on 33 benchmark questions focusing on critical areas of their franchise systems. Topics ranged from training and support to operations, to franchisor/franchisee relations, and financial opportunity.
"There are thousands of successful franchise companies operating in North America, but many of those companies do not offer a solid investment opportunity for the actual franchise owners," says Eric Stites, CEO of Franchise Business Review. "As an independent research firm, we rate the franchise companies in the marketplace today and identify those that have the highest levels of satisfaction and performance among their franchisees in order to help entrepreneurs when choosing which franchise to invest in. The companies on this year's list are the top performing brands in the areas critical to their franchisees' success."
Mighty is a Georgia-based franchisor with a network of distributors that provide inventory management solutions and preventive maintenance products to automotive service providers, including tire dealers, quick lubes, independent shops, car dealerships and fleets. Mighty's continued franchise growth includes recruiting high-quality entrepreneurs as well as forming strategic partnerships with prominent automotive service companies. Mighty franchises provide owners a way to improve operational efficiency and diversify their current business portfolio.
Ken Voelker, Mighty's President & CEO, stated, "As a full-service franchisor, Mighty provides its franchisees with a suite of products and services designed to help them be successful. Mighty's business model of licensing exclusive territories, providing leading-edge training, and helping franchisees monitor and improve financial performance has been a successful formula for over five decades. It is gratifying to see the research by Franchise Business Review validates our commitments to franchisee satisfaction and positive franchisor-franchisee relations."
This is the 13th annual ranking of the top 200 award-winning franchise opportunities by Franchise Business Review, a franchise market research firm that performs independent surveys of franchisee satisfaction. Franchise Business Review publishes its rankings in its annual Guide to Today's Top Franchises. Visit FranchiseBusinessReview.com to see the full description of the 2018 Top Franchises.
Mighty is headquartered in Norcross, Ga., and supports 109 U.S. distributors in 44 states and four international markets. The Mighty System features local service, inventory management expertise, and training in conjunction with extensive offerings of OE quality underhood and undercar parts, chemical products, lubricants and shop supplies. The Mighty business model attracts independent repair shops, quick lubes, tire centers and new car dealerships across the nation and abroad. Mighty's unique approach of dealing directly and exclusively with automotive professionals began in 1963.
Subscribe to Aftermarket Business World and receive articles like this every month….absolutely free. Click here.
