Year Matco Tools Franchise Began: 1946
Franchising Since: 1993
Headquarters: Stow, Ohio
Estimated Number of Units: 1,795
Matco Tools is a manufacturer and a well-known distributor of quality professional automotive equipment, tools, and toolboxes.
The product line has risen to over 19,000 items now. Guaranteed service of equipment they sell.
Matco Tools is a Fortune 500 company and a key player in several industries, including tools, environmental and industrial processes and control markets.
Matco’s franchisee distributions sell its tools and auto supplies out of branded mobile trucks, with an emphasis on targeting buyers in their particular territory.
#1. Matco Tools Franchise Opportunities
Matco tools Franchise Opportunities; Franchisees numbers nearly 1,500, with locations in all 50 states, as well as Puerto Rico and Canada.
As a franchise owner, you’ll benefit from nearly 70 years of national brand experience in the automotive equipment industry with over 20,000 of the highest quality and most innovative tools in the business
To get started, you will be given a list of at least 325 exclusive potential customers who know and love our brand.
#2. Matco tools Franchise Cost
How much Matco tools Franchise Cost Investment Tables:
|Estimated Initial Investment|
|Name of Fee||Low||High|
|Initial Franchise Fee||$7,000||$7,000|
|Acquisition and Establishment of Time Payment Reserve Accounts-or-||$22,000||$22,000|
|Time Payment Line of Credit||$4,700||$9,325|
|Mobile Store — three months lease payments||$5,525||$125,000|
|Software and Internet Service – 3 months fees||$2,050||$2,750|
|Insurance – 3 months premiums||$525||$3,525|
|Travel, Lodging and Meal Expenses||$170||$2,515|
|Fixtures, Supplies, Licenses||$500||$3,000|
|Additional Funds – 3 months||$5,000||$13,500|
|Type of Fee||Amount|
|Minimum Inventory Buying||equal to the starter inventory, and maintain a ratio of purchase average to total sales of 60%. Franchise participates in the NPP program in first-year operation.|
|Computer Maintenance and Support Charge||$630 or $1,030|
|Additional Training Fee (for spouse)||$295|
|Field Training for Additional Replacement Employees and Operators||$1,500 per week for field training provided to the 3rd and subsequent employees/operators|
|Web Page Maintenance Fee||$195|
|Insurance||$305 to $833|
|Fees after due date on OPA||5% of amount due per week; maximum $100|
|Inventory Returns, Restock Fee||15% approx. restocking fee|
|Repair Kits||$10 to $40 per kit (but, generally $10 per kit).|
|Successor Distributorship Fee||It’s 50% of Current Initial Franchise fees|
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#3. Matco Tools Franchise for Sale
What are the Matco Tools Franchise for Sale Financial requirements should be fulfilled initially
On-The-Job Training: 72 hours
Classroom Training: 72 hours
Additional Training: District meetings
Visit for Application form:
Call for inquiry: (888) 696-2826