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Matco Tools
4403 Allen Rd.
Stowe, OH 44224-1096


Submit an online form to receive information from Matco Tools.
Business Description

Sales of automotive tools, equipment and computerized diagnostic equipment to professional automotive service technicians and repair center owners. MATCO TOOLS is a home-based franchise that is owner-operated. Our business features weekly sales and service via mobile distribution. We offer exclusive territories, outstanding initial and continuing training and personalized business consultation. MATCO TOOLS and/or SBA loan financing.

Franchisor Background

Year Established:  1946

Franchising Since:  1993

Operating Units:

Franchised Units:

1,502

100%
Company-Owned Units:00%
 
Total Operating Units:
1,502
100.0%
 
Geographic Distribution:
U.S.:1,49098.8%In 50 States
Canada:181.2%In 0 Canadian Provinces
International:00%In 0 Foreign Countries
 
Total:
1,508
100.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. California195
2. Florida89
3. Texas124

Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia

Financial Requirements

Investment:
Minimum Net Worth: $75K
Cash Investment:$30K
Total Investment:$79-182K
Average Total Investment:$150K
 
Fees:
Initial Franchise Fee:$0
Average Franchise Fee:$0K
On-Going Royalty:0%
Average Royalty:0%
Advertising Fee:0%
 
Average Number of Employees: 1 Full-time, 0 Part-time

Space Needs (in square footage):

Preferred Sites: Home-based

Other Sites:

Encourage Conversions? No

Earnings Claims Provided?: Yes

Franchisee Qualifications
 
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:3
General Business Experience:2
Specific Industry Experience:2
Formal Education:2
Psychological Profile:3
Personal Interview(s):5
 
Terms of Contract
 
Term of Initial Contract:10 Year(s)
Term of Renewal Period:10 Year(s)
Passive Ownership:Allowed, But Discouraged
Area Development Agreements?No
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes
 
Support and Training
 
International Franchise Association:Yes
Canadian Franchise Association:Yes
Franchisee Association/Member:Yes, Member
Size of Corporate Staff: 400
Site Selection Assistance?Not Applicable
Lease Negotiation Assistance?Not Applicable
Financial Assistance?Yes, Direct
 
Marketing Support:
Co-Op Advertising:No
National Advertising:Yes
Regional Advertising:Yes
Local Advertising:Yes
Marketing Materials:Ad Slicks, Brochures, Catalogs, Coupons/rebates, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs, Television Ads, Trade Show Exhibits, Videos
Additional Services:Grand Opening, In-house Marketing, Marketing Research, Newsletter, Online Extranet, Press Releases, Sales Strategies
Other Marketing Support:None Specified
 
On-Going Support:
Central Data Processing:Included in Fees
Central Purchasing:Included in Fees
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Included in Fees
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 
Training:
1. Corporate Office10 Days
2. On-Site/Field Training3 Weeks
 
Expansion Plans
 
Projected New Units Over Next 12 months: 251

U.S.:

Yes, All United States
Canada:Yes
Overseas:No
Submit an online form to receive information from Matco Tools.