Matco Tools vs Chemex Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Matco Tools vs Chemex including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Matco Tools Franchise
Chemex Franchise
Investment $78,082 - $274,327$55,200 - $71,200
Franchise Fee $7,000N/A
Royalty Fee 0-
Advertising Fee --
Year Founded 1979-
Year Franchised 1993-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Matco Tools Franchise
Chemex Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    Matco Tools Franchise
    Chemex Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/No-/-
    Start-up Costs Yes/Yes-/-
    Equipment No/Yes-/-
    Inventory Yes/Yes-/-
    Receivables Yes/Yes-/-
    Payroll No/No-/-

    Training & Support
     
    Matco Tools Franchise
    Chemex Franchise
    Training -Our training of new franchisees starts with a residential two week induction course at our head office in the West Midlands. We normally have only 2 or 3 new franchisees on our training courses, as we want to ensure you get the best possible personal attention from our management team.
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluationsThe high quality support offered by Chemex continues throughout your career as a franchisee. Whether it is advice on how to develop your business into a multi-van operation or advice on what product to use on a particular application that is needed, the support will always be there from Chemex. Our proven business system has set many of our franchisees on the path to success; we hope that it can do the same for you.
    Marketing National media, Regional advertising-
    Operations Franchise can be run from home.

    1%% of all franchisees own more than one unit

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Matco Tools Franchise
    Chemex Franchise
    US Expansion Yes-
    Canada Expansion Yes-
    International Expansion No-

    Company Overviews

    About Matco Tools

    Matco Tools is a manufacturer and distributor of quality professional automotive equipment, tools and toolboxes. Our product line now numbers more than 19,000 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 franchisees are easily recognized in their white trucks bearing the familiar Matco logo. Today, Matco distributors operate in all 50 states, Canada and Puerto Rico.

    The total investment necessary to begin operation of a Matco Distributorship ranges from $78,082 to $274,327. This includes the following payments to Matco or its affiliates: the initial franchise fee of $7,000; approximately $50,000 to $88,000 for the minimum inventory; $899 for the initial software license fee and $195 license fees for the credit card and signature pad processing software; $450 for the software support and maintenance fee; $195 for the webpage set-up fee; $99 for a document processing fee; and approximately $22,000 for the Time Payment Reserve Account (if you do not participate in a Matco financing program).
    Veteran Incentives  10% off initial inventory
    ""   "Entrepreneur
    #32 in Franchise 500 for 2020.
    #50 in Franchise 500 for 2021.




    About Chemex

    Chemex was established in 1985 to serve the 2.5 billion cleaning and hygiene market in a unique way via a network of franchised owner operators sharing a common goal to provide high quality products at excellent value for money with a standard of service unmatched in the industry. Now it has grown from humble beginnings as the 'One Stop Chemical Shop' in a single unit to bigger premises in Tamworth in Staffordshire as the better known 'Chemical Express' and more recently as a hundred strong UK network in the guise of Chemex International based in the heart of the Midlands in a custom built four and a half acre site. We are one of the leading mobile distribution companies in Europe with International partners in six countries. With ISO 9001-2000 accreditation and on site Environmental accreditation 14001 the Chemex product range has well over 150 established products and includes a number of blue chip companies among our 30,000 strong repeat order customer base - spanning just about every market sector imaginable.