Matco Tools
Yes, we actively support the inclusion and development of minority-owned franchises in the Matco Tools system.
Matco Tools
4403 Allen Rd.
Stow, OH 44224-1096
800#: (800) 368-6651
Tel: (330) 929-4949
Fax: (330) 926-5325
E-mail: matcoifa@franchisehub.com
Web Site: www.matcotools.com
Contact: Ms. Angela McCartney, Administrative Assistant
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
Established: 1979
First Franchise: 1993
Franchise Units: 1451
Company-Owned Units: 4
Total Units: 1455
Distribution:
> North America -- Operations in 50 States
> States/Provinces with Greatest Density: 177 in CA, 126 in TX, 75 FL
Units Owned by Minorities:
>African-American: 1%
>Hispanic: 3%
>Asian-American:
>Native American:
>Other:
Average Number of Employees: 1 FT (FT = Full Time, PT = Part Time)
Space Needs: NA SF; HB
(for abbreviations click here)
Financial Requirements
Cash Investment: $20-30K
Total Investment: $62-160K
Average Total Investment: $111K
Minimum Net Worth: $50K
Fees
>Franchise: $0
>Average Franchise Fee: $0K
>Royalty: 0%
>Advertising: 0%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Discouraged
Area Development Agreements:No
Sub-Franchising Contracts: No
Expand In Territory:Yes
Franchisor Support and Training Provided
Site Selection Assistance:NA
Lease Negotiation Assistance: NA
Cooperative Advertising: NA
Franchisee Assoc. / Member: Yes/Yes
Size Of Corporate Staff: 185
On-Going Support: A,B,C,D,E,F,GH,I (for an explanation click here)
Training: 10 Days Corporate Office, 3 Weeks On-Site/Field Training.
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Franchisor's Specific Expansion Plans
U.S.: All United States
Note: NR = No Response by Franchisor.
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