
MATCO Tools
Small Business Franchise Opportunity
Description
MATCO Tools is a manufacturer of quality professional automotive equipment, tools, and toolboxes. Our product line now numbers more than 100,000 items. Our franchisees distribute nationally branded products and are supported by a proprietary software program to assist them to professionally manage their business.
MATCO Tools is a subsidiary of Danaher Corporation (NYSE: DHR), a Fortune 500 company and rapidly expanding conglomerate in many industries, including tools, environmental and industrial processes, and control markets. MATCO began operation in 1946 and since 1979 has sold products directly to professional technicians, automotive, truck, aviation, and marine repair facilities through a network of independent franchised mobile distributors.
Our franchisees work from home and service pre-established customer bases in exclusive territories. Customer contacts are completed weekly and franchisees enjoy an excellent relationship with their customer bases. MATCO operates in all 50 states, Puerto Rico, and Canada.
Background
Year Established: 1946
Year First Franchised: 1993
Franchised Units: 1,451+
Company Owned Units: 0
Financial Terms
Cash Investment: $20,000-$30,000
Total Investment: $70,000-$170,000
Minimum Net Worth: $60,000
Franchise Fee: None
Royalty: None
Advertising Costs: None
Average Number of Employees: None - Owner Operated
Passive Ownership: Discouraged
Support & Training Provided
Financial Assistance Provided:
- SBA
- Home Equity
- IRA & 401K
- MATCO Financing
Site Selection Assistance: N/A
Lease Negotiation Assistance: N/A
Co-Operative Advertising: Paid by MATCO
Training: 10 days of classroom training provided by MATCO Tools Corporation in Stow, Ohio. On-going training at franchisee location for 3 additional weeks.
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