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Matco Tools
#43

Initial Investment

LOW: $89,229
HIGH: $267,810

Change in Units

+1.2% +20 UNITS (1 Year)
+15.3% +222 UNITS (3 Years)

Company Profile

Founded

1979

Franchising Since

1993 (24 Years)

Corporate Address

4403 Allen Rd. Stow, OH 44224

CEO

Timothy Gilmore

Parent Company

Fortive Corp.

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.

Financials

Financial Requirements

Initial Investment

$89,229 - $267,810

Net-worth Requirement

$30,000

Liquid Cash Requirement

$30,000

Ongoing Fees

Initial Franchise Fee

$6,000

Financing Options

Matco Tools offers in-house financing to cover the following: franchise fee, startup costs, inventory, accounts receivable

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

Veteran Incentives


$10,000 in 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: 15 days

Training at headquarters: 9 days

Additional Training: District meetings

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media
National Media

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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: January 5th, 2017

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