Matco Tools

#41

At a Glance

Products & Services: Mechanics' tools & service equipment

Number of Locations: 1,411

Total Investment: $82.78K - 221.82K

Founded: 1979

Began Franchising: 1993

About Matco Tools

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.

Franchise Units

Year	U.S.	Canadian	International	Company Owned
2012	1,366	45	0	0
2011	1,384	45	0	5
2010	1,397	42	0	6
2009	1,452	37	0	0

Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S. and Canada.

Startup Costs, Ongoing Fees and Financing

Total Investment: $82,776 - $221,819
Term of Franchise Agreement: 10 years, renewable

Financial Requirements

Net Worth: $60,000
Liquid Cash Available: $32,000

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).

Financing Type	In-House	Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

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 Ranking History

Franchise 500®: #41 (2013), #26 (2012), #19 (2011), #19 (2010), #39 (2009),

Top Home-Based: #8 (2013), #4 (2012), #5 (2011), #6 (2010), #7 (2009),

America's Top Global: #23 (2012), #17 (2011), #15 (2010), #34 (2009),

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