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Updated RecentlyMatco Tools vs Metal Supermarkets Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Matco Tools vs Metal Supermarkets including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $78,082 - $274,327 | $228,500 - $437,000 |
| Franchise Fee | $7,000 | $39,500 |
| Royalty Fee | 0 | 6%-2% |
| Advertising Fee | - | 1% |
| Year Founded | 1979 | 1985 |
| Year Franchised | 1993 | 1987 |
| Term Of Agreement | 10 years | 10 years |
| Term Of Agreement | 10 years | 10 years |
| Renewal Fee | - | $7.5K |
Business Experience Requirements |
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| Experience | The ideal candidate will possess the following: * Outgoing personality with a willingness to work hard to succeed * Ability to multitask and thrive in a fast-paced environment * Can effectively delegate and manage employees * Understands that building a business does not happen overnight * Willingness to work hard in order to achieve mid- to long-term meaningful financial rewards, versus short-term "home runs" |
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Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/No | No/No |
| Start-up Costs | Yes/Yes | No/Yes |
| Equipment | No/Yes | No/Yes |
| Inventory | Yes/Yes | No/Yes |
| Receivables | Yes/Yes | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | - | On-The-Job Training: 120 hours Classroom Training: 60 hours |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | National media, Regional advertising | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| 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) |
International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 5 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)
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Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | Yes | No |
| International Expansion | No | Yes |
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
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#32 in Franchise 500 for 2020.
#50 in Franchise 500 for 2021.
About Metal Supermarkets
With no national competition, Metal Supermarkets is poised for rapid growth in the small quantity metals industry. With solid systems and processes in place,
Metal Supermarkets has proven itself to be an outstanding business opportunity for individuals seeking a B2B niche business.
As a Metal Supermarkets franchisee, you will supply industrial metals cut to any size, delivered from your extensive stocks, with no minimum order. The Metal Supermarkets business truly occupies a niche in the market, providing exactly what the customer wants, when they want it and how they want it. Through the implementation of our business model and system, you will provide businesses and individual customers with an unparalleled service.
As part of the Metal Supermarkets franchise system, you will enjoy the following benefits:
* Use of our highly recognized trademark and business system
* Professional training in the implementation of our business model and system in your protected territory
* Access to our preferred provider network
* Ongoing guidance and support in the operation of your Metal Supermarkets franchise
* Marketing support including sales and referrals from our website
The total investment necessary to begin operation of a Metal
Supermarkets franchised business is from $216,500 to $403,000. This
includes $57,500 that must be paid to the franchisor or their
affiliates.
If you enter into a development agreement to establish multiple Metal Supermarkets stores, the development fee (which is paid instead of the initial franchise fees that would be due for those stores) is $39,500 for the first store, $25,000 for the second store, and $15,000 for the third and each store after that.
If you enter into a development agreement to establish multiple Metal Supermarkets stores, the development fee (which is paid instead of the initial franchise fees that would be due for those stores) is $39,500 for the first store, $25,000 for the second store, and $15,000 for the third and each store after that.
Seeking new franchise units throughout the U.S.A, Asia, Australia/New Zealand, Canada, Mexico, South America
Veteran Incentives $5,000 off franchise fee
#433 in Franchise 500 for 2020.
#381 in Franchise 500 for 2021.