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Automotives

Matco Tools

matco tools automotive franchise

DESCRIPTION

With more than 100,000 items in its product line, Matco Tools is popular with technicians and mechanics. Its independent franchised mobile distributors are supported by proprietary software that assists them in professionally managing their business.
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 Consultive 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: 1,451
Company Owned Units: 0
Projected New Units: 250
States Registered In: All 50 states, Puerto Rico and Canada
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 to $30,000
Total Investment: $70,000 to $170,000
Minimum Net Worth: $60,000
Franchise Fee: None
Royalty: None
Ad: None
Average # of Employees: Owner Operated - no employees
Passive ownership discouraged

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