Survey Ranks Mighty Auto Parts Among the Top 50 Franchises in North America
The Mighty Auto Parts franchise brand has been named one of the top 50 franchises for 2018 by Franchise Business Review.
Mighty Auto Parts is the franchise network of Mighty Distributing System of America Inc., which is based in Norcross, Ga.
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.
Mighty was one of 307 franchise brands participating, representing over 28,000 franchise owners across North America, according to Mighty Distributing System.
"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 Distributing System 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.
The company says its 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 Distributing System's president and CEO, says, "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.
Mighty Distributing System supports 109 U.S. distributors in 44 states and four international markets. The company, which was established in 1963, deals directly and exclusively with automotive professionals.