Matco Tools

Founded: 1979 Franchising since: 1993
Since 1979, Matco Tools, a subsidiary of Danaher Corp., has been manufacturing, distributing and servicing automotive equipment, tools and toolboxes. Today the company's line of products includes over 13,000 different items. Franchisees, who bring these products to their customers in trucks, number nearly 1,500, with locations in all 50 states, as well as Puerto Rico and Canada.

Address: 4403 Allen Rd. Stow, Ohio 44224

Phone: (800)368-6651/ (888)696-2826 Franchisee Association Matco Dealer Advisory Council

Franchisor is a publicly-held company with 150 employee(s); 7 employee(s) in franchise department.

Franchise Units

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	1,452	37	0	0
2008	1,448	32	0	0
2007	1,457	24	0	0
2006	1,421	11	0	0

Where Seeking Franchisees
Nationwide
Outside the U.S.: Canada

Exclusive territories available.
Territory size: 325 mon. pre-identified customers

Total investment: $79,926 - $187,556
Franchise fee: $0
Term of agreement: 10 years, renewable


Type of Financing Available

	In-House	Third Party
Franchise Fee	No	No
Startup Costs	Yes	Yes
Equipment	Yes	Yes
Inventory	Yes	Yes
Accounts Receivable	Yes	Yes
Payroll	No	No

Third-party financing source(s): SBA member banks

Qualifications
Net worth requirement: $60,000
Cash liquidity requirement: $25,000
Business Experience:

• Industry experience
• General business experience
• Marketing skills

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)

Training

• Available at headquarters: 2 weeks
• At franchisee's location: 3 weeks
• District meetings : Every 5 weeks

Ongoing Support

• Newsletter
• Meetings
• Toll-free phone line
• Grand opening
• Internet
• Field operations/evaluations

Marketing Support

• National media
• Regional advertising

Other marketing support

• Direct-sales meetings, online support

Franchise 500® rank:
#19 (2010); #39 (2009); #30 (2008); #24 (2007); #47 (2006);

Fastest-Growing Franchises:
#86 (2008); #76 (2007);

Top Homebased Franchises:
#6 (2010); #7 (2009); #6 (2008); #3 (2007); #10 (2006);

America's Top Global Franchises:
#15 (2010); #34 (2009); #51 (2008); #29 (2007); #44 (2006);