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Updated RecentlyMatco Tools Franchise
Distributor of professional hand tools and equipment
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.
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
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How much does it cost to open a Matco Tools Franchise?
The investment required to open a Matco Tools Franchise is between $78,082-$274,327. There is an initial franchise fee of $7,000 which grants you the license to run a business under the Matco Tools name.
Individual Unit Costs
- Initial Investment:
$78,082-$274,327 - Initial Franchise Fee:
$7,000 - Royalty Fee:
0 - Advertising Fee:
N/A - Term of Agreement:
10 years
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Now, the franchise of nearly 1,500 distributors is looking to rev up franchise growth, announcing today a 2014 strategic growth plan that aims to add 500 distributors who will fully own an...
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Matco Tools is pleased to announce that its Matco Tools Franchise was named the best franchise in the "Tools Distribution Category" and 19th overall in Entrepreneur's 32nd Annual Franchise 500�.
For the 2014 35nd Annual Franchise 500�, Matco ranked #29.
"Matco Tools is a world class franchise ...
Franchise Industry Gains Benefits And Incentives With Matco Mobile Options
The US Bureau of Labor reports that the national unemployment rate, while slightly lower than previous months, holds steady around 8.1%. As job opportunities remain scarce, many Americans are looking into franchise ownership opportunities. However, many of these options require large financial inves...
Matco Tools Named To G. I. Jobs 2012 Military Friendly Franchise List
Matco Tools was named as one of the top veteran friendly franchises in America for 2012 by G.I. Jobs, as determined by the organization's Military Friendly Franchise Advisory Board. This honor distinguishes Matco Tools from over 4,000 franchise companies and highlights the commitment the company has...
Matco Tools Top Ten Franchise Choice For Veterans
According to the U.S. Department of Veterans Affairs, there are 22.7 million living U.S. Veterans, and their ranks grow by 200,000 each year. Matco Tools is proud to be part of a prestigious business group that helps to transition veterans to successful franchise ownership after military service.
...
Matco Tools News & Press Releases
When did Matco Tools start Franchising? 1993
United States: Nationwide
Canada: Nationwide
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | Yes | No |
| Startup Costs | Yes | Yes |
| Equipment | No | Yes |
| Inventory | Yes | Yes |
| Accounts Receivable | Yes | Yes |
| Payroll | No | No |
Third Party Financing Source(s): SBA member banks
Support
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations
Marketing
National media, Regional advertising
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)
Business Experience:
To calculate how much income a franchise owner can do at Matco Tools Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
Listing Tags
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Matco Tools
Matco Tools
4403 Allen Rd.
Stow,
OH
44224