Matco Tools Franchise
Sunday, January 31, 2010 at 12:03AM Distributor of professional hand tools and equipment
Matco Tools is a manufacturer and distributor of quality professional automotive equipment, tools and toolboxes. Our product line now numbers more than 19,000 USD items. We also guarantee and service the equipment we sell.
Matco Tools is a subsidiary of Danaher Corporation, a Fortune 500 company and key player in several industries, including tools, environmental and industrial process and control markets.
Matco began operation in 1946 and, since 1979, we have sold our products directly to professional mechanics, enthusiasts, and those who value quality tools through a network of independent franchised mobile distributors. Our franchise business owners are easily recognized in their white trucks bearing the familiar Matco logo. Today, Matco distributors operate in all 50 states, Canada and Puerto Rico.
Start-up Costs & Franchises Fees
What is the total cost to open a Matco Tools Franchises?
Total Cost: $81,100-$183,100
Total Franchise Fees: Not Available
Ongoing Royalty Fees: 0
Ongoing Advertising Fees: Not Available
Term of Agreement: 10 years
Contact Information for Matco Tools
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Matco Tools |
Toll Free: (800)368-6651 |
Matco Tools In the Press
No results at this time.Historical Expansion
In what year did Matco Tools begin operations? 1979
When did Matco Tools begin selling franchises? 1993
Year United States Canada International Corporate 2005 1426 0 0 2 2004 1368 0 0 4 2003 1336 0 0 18 2002 1321 0 0 24 2001 1392 0 0 26
Future Expansion
Countries of Interest:
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No Yes Plant, Property, and Equipment No Yes Inventory Yes Yes Accounts Receivable Yes Yes Payroll No No 3rd Party Financing Available? Financing Source(s): SBA member banks
Training & Support
Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Field support and site evaluation
Marketing
National media, Regional advertising support
Franchise Operation Restrictions
This franchise can be run as a home based business franchise.1%% of all franchise business owners own more than one franchise location.
Absentee ownership of this franchise business is not available to new franchisees. (100% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
Industry experience General business experience Sales & marketing experience
Jason Rager's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must use my system to receive these benefits and so much more. Click here.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes