Matco Tools Franchise

Distributor of professional hand tools and equipment

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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   #32 in Franchise 500 for 2020.#50 in Franchise 500 for 2021.

ABC INC

ABC-CO - NASDAQ

$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


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Please Note: The operators of Matco Tools, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Matco Tools website.

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 Franchise Costs

  • Initial Investment:
    $78,082 -
  • Initial Franchise Fee:
    $7,000
  • Royalty Fee:
    0
  • Term of Agreement:
    10 years

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

Matco Tools Growth History

When did the first Matco Tools open? 1979
When did Matco Tools start Franchising ? 1993

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)

Industry experience General business experience Marketing skills

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

Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory



How much does a Matco Tools Franchise owner make?

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 ver_a. 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 oper_ating costs like signage, furniture, decoration and renovations.

Initial Investment
$7,000 - $274,327
Initial Franchise Fee
$7,000
Royalty Fee
0
Term of Agreement
10 years
Latest News
Franchise Program Helps Veterans Go Into Business
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2006-11-11 View All
Matco Tools Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for Matco Tools and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing a Matco Tools franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.