Start-Up Costs and Fees |
||
| Matco Tools | K & N Mobile Distribution Systems | |
| Investment | 78082 - 274327 | 67318 - 195307 |
| Franchise Fee | 0 | |
| Royalty Fee | 0 | 9% |
| Advertising Fee | 1% | |
| Year Founded | 1979 | 1972 |
| Year Franchised | 1993 | 2008 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Matco Tools | K & N Mobile Distribution Systems | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Matco Tools | K & N Mobile Distribution Systems | |
| Franchise Fees | Yes | |
| Start-up Costs | Yes | |
| Equipment | No | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | No | |
Training & Support |
||
| Matco Tools | K & N Mobile Distribution Systems | |
| Training | * Entire system orientation * Product line and parts numbers introduction * One full day of learning product * Catalog and price book instruction * People skills instruction Training is a 10-day process with one day spent shadowing an experienced sales person, and one half-day learning our proprietary software. Also included: * Training videos * Strategies for selling to a variety of businesses * How to develop new accounts * Role playing * Discussing competition | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | |
| 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 | K & N Mobile Distribution Systems | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Matco Tools | |
| K & N Mobile Distribution Systems | |
| Franchise Fee | |
| Matco Tools | |
| K & N Mobile Distribution Systems | |
| Royalty Fee | |
| Matco Tools | 0 |
| K & N Mobile Distribution Systems | 9% |
| Advertising Fee | |
| Matco Tools | |
| K & N Mobile Distribution Systems | 1% |
| Year Founded | |
| Matco Tools | 1979 |
| K & N Mobile Distribution Systems | 1972 |
| Year Franchised | |
| Matco Tools | 1993 |
| K & N Mobile Distribution Systems | 2008 |
| Term Of Agreement | |
| Matco Tools | 10 years |
| K & N Mobile Distribution Systems | |
| Renewal Fee | |
| Matco Tools | |
| K & N Mobile Distribution Systems | |
Business Experience Requirements |
|
| Experience | |
| Matco Tools | Industry experience General business experience Marketing skills |
| K & N Mobile Distribution Systems | |
Financing Options |
|
| Franchise Fees | |
| Matco Tools | Yes |
| K & N Mobile Distribution Systems | Yes |
| Start-up Costs | |
| Matco Tools | |
| K & N Mobile Distribution Systems | |
| Equipment | |
| Matco Tools} | |
| K & N Mobile Distribution Systems | |
| Inventory | |
| Matco Tools | |
| K & N Mobile Distribution Systems | |
| Receivables | |
| Matco Tools | |
| K & N Mobile Distribution Systems | |
| Payroll | |
| Matco Tools | |
| K & N Mobile Distribution Systems | |
Training & Support |
|
| Training | |
| Matco Tools | |
| K & N Mobile Distribution Systems | * Entire system orientation * Product line and parts numbers introduction * One full day of learning product * Catalog and price book instruction * People skills instruction Training is a 10-day process with one day spent shadowing an experienced sales person, and one half-day learning our proprietary software. Also included: * Training videos * Strategies for selling to a variety of businesses * How to develop new accounts * Role playing * Discussing competition |
| Support | |
| Matco Tools | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| K & N Mobile Distribution Systems | |
| Marketing | |
| Matco Tools | National media, Regional advertising |
| K & N Mobile Distribution Systems | |
| Operations | |
| Matco Tools | 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) |
| K & N Mobile Distribution Systems | |
Expansion Plans |
|
| US Expansion | |
| Matco Tools | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| K & N Mobile Distribution Systems | |
| Canada Expansion | |
| Matco Tools | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| K & N Mobile Distribution Systems | |
| International Expansion | |
| Matco Tools | |
| K & N Mobile Distribution Systems | |