Fund Your Franchise with Guidant

Guidant Financal Learn how to invest your IRA or 401k into a franchise. ($50k min)

Promoted Opportunities

Mac Tools
#104

Initial Investment

LOW: $103,190
HIGH: $255,305

Change in Units

+13.2% +107 UNITS (1 Year)
+43.3% +278 UNITS (3 Years)

Company Profile

Founded

1938

Franchising Since

2011 (6 Years)

Corporate Address

505 N. Cleveland Ave. Westerville, OH 43082

CEO

Brett Shaw

Parent Company

Stanley Black and Decker

Ticker Symbol

About Mac Tools

The Mechanics Tool and Forge Company was founded in 1938, and its name was changed to Mac Tools in 1963. Today, Mac Tools is a division of Stanley Black & Decker Inc. and sells automotive tools and equipment. Prior to the start of franchising in 2011, the company offered distributorships.

Financials

Financial Requirements

Initial Investment

$103,190 - $255,305

Liquid Cash Requirement

$12,000 - $50,000

Ongoing Fees

Initial Franchise Fee

$3,000

Financing Options

Mac Tools has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory

Veteran Incentives


$10,000 off startup inventory

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: See List

Operations & Franchisor Support

Training Onsite: 14 days

Training at headquarters: 5 days

Ongoing Support
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
National Media

Related Franchises

Related Articles

Why Opening A Franchise Business Is Better Than Starting Your Own

Why Opening A Franchise Business Is Better Than Starting Your Own

Considering venturing into the world of entrepreneurship by starting a franchise business? zpizza UAE founder Harsh Pancholia shares his thoughts.
Harsh Pancholia
3 Key Questions That Will Help You Decide If Your Business Can Be Franchised

3 Key Questions That Will Help You Decide If Your Business Can Be Franchised

If you're not sure that franchising is for you, answering these three questions could be all you need to do to decide.
Rick Grossmann
To Get Branding Right, an Entrepreneur Needs to Emotionally Connect with the Product First

To Get Branding Right, an Entrepreneur Needs to Emotionally Connect with the Product First

Your value system should be clear and there should be certain amount of consistency in company processes - Amol Arora
Sneha Banerjee
The Pros and Cons of Franchising Your Business

The Pros and Cons of Franchising Your Business

Before you take the first step to turn your business into a franchise, read these advantages and disadvantages of franchising.
Rick Grossmann
Smart Tips for Growing Your Franchise

Smart Tips for Growing Your Franchise

Once you've launched your franchise, find out what more you can do to grow your business.
Rick Grossmann

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: August 25th, 2016

Reprints & Licensing
Update Your Listing
Submit New Listing

Regions/States List

More Franchise Rankings

Top Low-Cost Franchises

100 franchises for under $60,000

Top Homebased/Mobile Franchises

These 100 businesses can be managed from home

Fastest-Growing Franchises

These companies have shown rapid unit expansion over the last two years

Top New Franchises

The top 100 companies that began franchising in the last five years

Top Global Franchises

200 North American franchisors seeking international franchisees

For reprints and licensing questions, click here.

Previous Years Rankings

2016 2015 2014 2013 2012