My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

Mac Tools
#40 Franchise 500| Automotive tools and equipment

About
Founded

1938

Franchising Since

2011 (7 Years)

Corporate Address

505 N. Cleveland Ave.
Westerville, OH 43082

CEO

Brett Shaw

Parent Company

Stanley Black and Decker

Ticker Symbol

SWK

Financial Requirements
Initial Investment

$171,385 - $359,767

Liquid Cash Requirement

$8,000 - $20,000

Ongoing Fees
Initial Franchise Fee

$5,950 - $5,950

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

Support Options
Ongoing Support

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

National Media

Social media

SEO

On-The-Job Training:

80+ hours

Classroom Training:

40-80 hours

Additional Training:

Online training

Mac Tools is ranked #40 in the Franchise 500!
Bio
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.
Cost
Initial Investment: Low - $171,385 High - $359,767
Units
+26.7%+246 UNITS (1 Year) +54.8%+413 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: Asia, Canada, Western Europe
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

Franchise Articles

The 9 Best Tech Franchise Opportunities of 2018

Check out nine technology franchise opportunities from the 2018 Entrepreneur Franchise 500.

Meet the Young Entrepreneur Who Operates 22 Bubble Tea Stores in Multiple States

Anchal Lamba fought for franchising rights for two years and has found big success since then.

Can Colleges Teach People How to Franchise?

Long neglected by business schools, franchising is finally gaining a foothold in the world of higher ed. But will students follow?

The 4 Ways Associations Can Help Franchisees

While independent franchisee associations can be viewed as confrontational, when all involved parties get talking, the groups can be a collaborative source of support and education.

A Buzzing Business: How These Entrepreneurs Turned a Longtime Annoyance Into Successful Careers in Pest Control

Mosquito Joe franchisees Kurt and Melissa Godwin share how their second career helped create a better work-life balance for them.

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: April 20th, 2018