
Metal Supermarkets
Metal stores- 2021 Franchise 500 Rank
-
#381 Ranked #433 last year
- Initial investment
-
$217K - $403K
- Units as of 2020
-
96 9.1% over 3 years
Company Overview
About Metal Supermarkets
- Industry
- Retail
- Related Categories
- Miscellaneous Retail Businesses, Home Improvement
- Founded
- 1985
- Leadership
- Stephen Schober, President/CEO
Franchising Overview
- Franchising Since
- 1987 (34 years)
- # of employees at HQ
- 39
- Where seeking
-
This company is seeking new franchisees throughout the US.
This company is seeking new franchisees in the following international regions: Asia, Australia/New Zealand, Canada, South America, Mexico
- # of Units
- 96 (as of 2020)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Metal Supermarkets franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $39,500
- Initial Investment
- $216,500 - $403,000
- Net Worth Requirement
- $350,000 - $500,000
- Cash Requirement
- $150,000 - $350,000
- Veteran Incentives
- $5,000 off franchise fee
- Royalty Fee
- 6-2%
- Ad Royalty Fee
- 1.5%
- Term of Agreement
- 10 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Metal Supermarkets has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 105 hours
- Classroom Training
- 40 hours
- Ongoing Support
-
NewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Ad TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail Marketing
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- # of employees required to run
- 3
- Are exclusive territories available?
- Yes
Franchise 500 Ranking History
Compare where Metal Supermarkets landed on this year’s Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Metal Supermarkets ranked on other franchise lists? Find out below.
Franchise 500 Ranking
Top Global Franchises
Top Franchises for Veterans
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