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Matco Tools

Matco Tools is more than just a tool […]

Interested in Franchise ownership?

Franchise Costs and Requirements

Franchise Details

Year Established: 1979
Category Locations: N/A
Available Ownership Type: N/A
Corporate HQ City:
Corporate HQ State:
Investment Range: $77,236
Canada Franchising: Yes
Latin America Franchising: Yes
India Franchising: Yes
Royalty Percentage: N/A%
Veteran Discount: Yes
E2/EB5 Visas: Yes
Master Franchise Opportunities: Yes

Background

What Services Does Matco Tools Offer?

Matco Tools is more than just a tool supplier – it's a business built around providing exceptional service to automotive technicians. As a Matco Tools franchise owner, you'll bring the tools directly to your customers, offering convenience and support they won't find anywhere else.

In-House Financing: A Helping Hand

Imagine a technician needing a critical tool but facing financial constraints. With Matco, you can offer in-house financing, empowering them to purchase the tools they need without upfront financial pressure. This builds customer loyalty and strengthens your relationships.

Quality and Reliability You Can Trust

Matco Tools are renowned for their quality, durability, and reliability. When a technician buys from a Matco distributor, they know they're investing in tools backed by a reputable brand. Plus, they get access to ongoing support, including warranties and tool replacement services.

What Products Does Matco Provide?

Matco Tools operates in all 50 states, Canada, and Puerto Rico, offering a vast selection of mechanical tools. Their commitment to quality is evident in their continuous research and development, adding hundreds of new tools to their inventory every year.

Toolboxes: Built to Last

Matco Toolboxes are known throughout the industry for their exceptional strength and durability. Technicians can customize their toolboxes from hundreds of options, ensuring they have the perfect fit for their needs.

Ratchets and Sockets: Precision and Durability

Matco ratchets and sockets stand out with their oversized markings, making it easy for technicians to grab the right size on the first try. Features like the counter-torque counterbore and opti-torque technology enhance durability and extend tool life.

Wrenches: Strength and Efficiency

Matco wrenches are designed with mechanics in mind, offering superior strength and efficiency. They allow technicians to work in tight spaces while providing the power to loosen even the toughest nuts.

Power Tools: Top-of-the-Line Performance

From impact wrenches to air ratchets, die grinders, air hammers, and sanders, Matco provides only the best power tools on the market. You'll be equipping your customers with the tools they need to get the job done right.

Why Choose a Matco Tools Franchise?

If you're looking for a strong franchise opportunity with the potential for significant income, Matco Tools could be the perfect fit. Ranked among Entrepreneur's Franchise 500, Matco has established itself as a valuable resource for automotive professionals.

Low Start-Up Costs

As a mobile franchise, Matco eliminates the need for a storefront, significantly reducing start-up costs. This makes it an attractive option for entrepreneurs seeking a more affordable entry into the franchise world.

Flexible Work Schedule

With a mobile business, you're in control of your hours. You can choose the days and times that work best for you, offering flexibility and work-life balance.

Strong Customer Relationships

Matco provides you with a built-in customer base, offering approximately 325 potential customers to serve. You'll build strong relationships with these technicians by visiting them directly and becoming their primary source for tools and support.

The Process of Opening a Matco Tools Franchise

Ready to take the leap and become a Matco Tools franchise owner? The process is straightforward. After submitting your application, you'll receive a confirmation email from the franchise team. Following financial and background checks, you'll receive franchise approval if you meet the requirements.

Investment Costs

One important factor to consider is the investment required. The total investment for a new Matco franchise ranges from $77,236 to $313,646. Here's a breakdown of some common start-up costs:

  • Liquid capital required: $30,000
  • Net worth: $75,000
  • Initial franchise fee: $8,000
  • Initial inventory: $50,000 to $84,000
  • Mobile store lease: $2,804 to $163,584
  • Computer hardware, software, and Internet: $4,950 to $6,425
  • Insurance (3 months premiums): $768 to $3,118
  • Travel expenses: $179 to $2,767
  • Professional services (accountants and lawyers): $310 to $5,852
  • Fixtures, supplies, and licenses: $525 to $4,400
  • Three months' living expenses: $5,000 to $13,500

Income Potential: The Rewards of Hard Work

Matco's tried-and-true business model sets you up for success. As your own boss, your income potential is directly tied to your efforts and dedication. The amount you earn will depend on factors such as:

  • Time dedicated to the business
  • Sales skills and ability to build customer relationships
  • Financial management expertise
  • Inventory management and control of ongoing business expenses

Top Matco distributors earn approximately $670,738, with the average franchise generating $461,338 and the lower end earning $308,563.

Comprehensive Training for Success

Matco offers a world-class training program designed to equip franchise owners with the skills they need to succeed in the automotive tool franchise industry.

Initial Training

You'll receive at least 90 hours of initial classroom training at Matco's corporate office in Stow, Ohio. The Matco Business System Training Program covers a wide range of topics including:

  • Sales training
  • Business management
  • Marketing
  • Tool-specific training
  • Software training

Matco University

You'll also have access to Matco University, an online training platform that provides ongoing learning opportunities. It features a wealth of resources on topics like:

  • Product demonstrations
  • Product comparisons
  • Instructor presentations
  • MDBS tips
  • Business management tips

Start Your Matco Tools Franchise Today

With the convenience of a mobile business, flexible hours, and a low initial investment, starting a Matco Tools franchise can be a rewarding opportunity for ambitious individuals. You'll be your own boss, providing valuable services to automotive professionals while enjoying the freedom and flexibility of running your own business.

Support & Training offered by Matco Tools

Additional Information

Category Location N/A
Number of Units Open 1,950 (as of 2023)
Investment Range $77,236 - $313,646
Master Franchise N/A
Home based franchise YES
Item 19 Franchise YES
Veteran Discount YES
Franchise Opportunities in Canada YES
International Franchise Opportunities
E2/EB5 Visa Franchise YES
The Franchise Yellow Pages (FYP) is an internationally recognized franchise information site. FYP supports business owners through the process of identifying and investing in franchise businesses. FYP showcases thousands of franchise brands for educational purposes. We do not represent all franchises listed here. By clicking on “Request Free Information” and “Request a Consultation,” you are agreeing to be contacted by a Franchise Consultant to discuss franchise ownership.
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