Matco Tools


Description

Matco Tools is a manufacturer of quality professional automotive equipment, tools and toolboxes. Our product line now numbers more than 100,000 items. Our Franchisees distribute nationally branded products and are supported by a proprietary software program to assist them to professionally manage their business.

Matco Tools is a subsidiary of Danaher Corporation (NYSE: DHR), a Fortune 500 company and rapidly expanding conglomerate in many 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 technicians, automotive, truck, aviation and marine repair facilities through a network of independent franchised mobile distributors.

Our franchisees work from home and service pre-established customer bases in exclusive territories. Customer contacts are completed weekly and Franchisees enjoy a Consultative relationship with their customer bases. Matco operates in all 50 states, Puerto Rico and Canada.

Background

Year Established: 1946
Year First Franchised: 1993
Franchised Units: 100+
Actual number of units: 1451
Projected New Units (12 months): 250

States referrals are accepted in:

  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Georgia
  • 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
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Avail. in Canada: Masters/Area Developer: Yes


Notes:

States or Geographical Areas from which Broker Referrals ARE being accepted: All 50 US States, Puerto Rico and Ontario Province, Canada

 

Financial / Terms

Cash Investment: $20,000
Minimum Investment: $70,000
Minimum Net Worth: $60,000
Franchise Fee: $0

Passive Ownership Allowed: No
Earnings Claims: No


Notes:

Cash Investment: $20,000 to $30,000
Total Investment: $70,000 to $170,000
Franchise Fee: None
Royalty: None
Ad: None
Average # of Employees: Owner Operated - no employees
Passive ownership discouraged


Franchise Sales

Single Unit: Yes
Multiple Units: No
Area/Master Developer: No
Resales: No

 

International Expansion

International Expansion Opportunities: Yes
Developing outside of the U.S.: Canada
Single Unit Availability Outside U.S.: No
Multiple Unit Availability Outside U.S.: No
Area Development or Master Avail.: No
Cash Investment: Inquire with Corporate
Total Investment: Inquire with Corporate

 

Support & Training Provided

Financial Assistance Provided:Yes
Site Selection Assistance: No
Lease Negotiation Assistance: No
Co-operative Advertising: No


Notes:

Financial Assistance Provided: SBA/Home Equity/IRA&401K/Matco financing

Co-operative Advertising: Paid by Matco

Training:

Ten days of classroom training at Matco Tools corporate in Stow, Ohio. On-going training at franchisee location for 3 additional weeks


Get Started!

Freddy O'Pry

Franchise Development

281-342-7474