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 | Matco Tools |
Business Type
FranchiseMin Liquid Capital
$20,000 to $30,000Total Investment
$79,000 to $182,000Required Net Worth
$60,000Number of Units
1,451In Business Since
1946* For Current Info See:
Franchise Disclosure Document
Overview
Recognized
as the "Best Automotive Franchise" by FranchiseBusiness REVIEW (based
on 2006 Franchise Satisfaction Survey), Matco Tools is one of the top franchise
opportunities out there. That's because Matco Tools provides you with the
guidance, training, potential customer base, marketing and the on-going support
you need to start your business. Our award winning franchise program provides
you with a business process that will help you make sales and generate revenue
from day one.
Products & Services
Founded
in 1946, Matco Tools is a wholly-owned subsidiary of Danaher Corporation, a
Fortune 500 company and key player in several industries, including tools,
environmental and industrial process and control markets. As a manufacturer and
distributor of quality professional automotive equipment tools and toolboxes,
Matco Tools offers over 13,000 products for the professional automotive
industry. To date, Matco distributors operate in all 50 states, as well as in
Training & Support
New
franchise owners go through a two-week training course at Matco Tools'
Corporate Headquarters in Stow,
Ohio. Once complete, franchise
owners will be assigned to a designated Trainer or District Manager to help set
up and learn how to operate their new business. During the on-truck training, a
course outline will be followed to assure all topics are covered and that
required skill levels are reached.In addition to new franchisee training, Matco Tools provides on-going training to all Matco Tools franchise owners. The investment of time and resources in training Matco Tools franchisees has proven to be a major contributor to the success of the system and our gains in market share.
At Matco Tools, we are committed to providing our franchisees with the best products programs and tools in the industry. That is why we are continually introducing innovative new products that help make technicians more productive. This commitment is also seen through our:
Exclusive new product introductions
- Rolling out new and exclusive products over 200 exclusive products annually where Matco's the only source.
- Supported through District Manager Sales Meetings and Enduser Promo Flyer
- Sampling program automatically sends you new products as soon as they are released, giving you the opportunity to introduce the product to your customers immediately, giving you a definite competitive edge over your competition.
Each product is tested at our R&D testing center
- Extensive Yield and Life testing of both Matco and competitor tools
- Constant improvements to Matco tools
- Development of new tools and products through Matco's robust new product development process
Distributor Profitability
- Programs and initiatives to try to improve Distributor profitability
- Personal Matco Home Page and Website
- Provides ability for Distributor to market and communicate with their customers
Customer Support
- Daily business activity and product questions
- Warranty claims support and administration
- Shipment tracking and placing special orders
Technical Support
- Daily product support
- Trouble shooting
Matco Gear
- Clothing
- Accessories
- Motorsports Collectibles
Why Matco Tools?
One of the great benefits of the Matco Franchise is weekly sales and service to pre-identified potential customers, at their place of business. Matco Tools Franchisees enjoy the lowest possible business cost by utilizing a custom designed truck to showcase their state of the art products. Imagine the opportunity of utilizing a mobile showroom, warehouse and office to enhance customer service. Matco Tools has enjoyed more than 60 successful years, by distributing automotive products in this fashion. One more way that Matco makes a difference.
Are You a Good Fit for Matco Tools?
Typically, you will need $20,000 to $30,000 in start-up capital to start your own business. However, funding requirements vary in relationship to your personal budget needs, amount financed and equipment needs. You'll be better able to determine your start amount once you have met with a Matco Tools representative.
Franchise owners are required to meet a qualifying net worth and credit score.
