Matco Tools, Inc. is an American professional tool distributor for the automotive and other industries and is based in Stow, Ohio, United States. This includes over 13,000 different tools such as wrenches, screw drivers, gauges, and specialty tools. Matco produces their own line of high quality toolboxes in the USA at their Jamestown, NY manufacturing plant. They manufacture and contract the production of many air tools, electric tools, hand tools and diagnostic tools. They carry a lifetime warranty on all hand tools. The company was founded in 1946 and began selling direct to professional mechanics in 1979.
Matco Tools are sold by a local tool distributor who owns a territory by means of a franchise. The franchise owner drives to the work locations of potential customers, and typically offers financing to individuals looking to buy their tools.
Financial Requirements for Matco Tools Franchise
Matco Tools has the franchise fee of up to $7,000, with total initial investment range of $91,785 to $269,665.
Initial investments: $91,785 - $269,665
Net-worth Requirement: $25,000
Liquid Cash Requirement: $25,000
Initial Franchise Fee: $7,000
On-The-Job Training: 72 hours
Classroom Training: 72 hours
Additional Training: District meetings
Matco Tools Franchise Info: https://www.matcotools.com/franchise
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