7/10

Franchimp Summary Rating

6 /10
Lower than 46% of peers

Franchise Summary

Description
The franchisee will receive the right to operate a business involving the mobile sale of professional automotive tools and similar products manufactured and/or distributed by Mac Tools and bearing the MAC Tools
Company Background
MAC Tools is a company that sells tools and other products. The franchisee will receive the right to operate a business involving mobile sales of professional automotive tools and similar products manufactured and/or distributed by MAC Tools.
Franchise Opportunity
The best way to get ahead in your career is by getting the right tools. But it's hard for a professional mechanic to keep up with all of the latest tools and equipment. Mac Tools offers products that are designed specifically for professionals, so you can be sure they're built to last. Plus, we offer special financing options that allow you to pay for them over time, which means less stress on your budget now!
Corporate Structure
Stanley Industrial & Automotive, LLC, a Delaware limited liability company, was formed on October 31, 2013. The effective date of the corporate reorganization that resulted in the Mac Tools Division becoming a part of Stanley Industrial & Automotive, LLC was December 28, 2013. The Mac Tools Division has its principal business offices located at 505 North Cleveland Avenue, Westerville, Ohio 43082.
Royalties and Marketing Fees

Royalties : 1200

Earnings Transparency

7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of Mac Tools Franchisees

Mac Tools Franchise System Development in 2022

FAQ

How much investment do I need to start my own Mac Tools business?
Franchisees typically require at least $121 to $344 investment to get their Mac Tools business started
What are the initial franchise fees for Mac Tools?
Franchisees typically need to pay at least $81 in fees directly to Mac Tools in order to earn the right to launch their business
How much money can I make with a Mac Tools franchise? What are the average revenues for a typical Mac Tools business?
We haven’t done the math on how much revenue a typical Mac Tools brings in each year. We estimate that other franchisees in the Retail industry generate $1,203,797 revenue, so we would expect Mac Tools to generate a similar amount
How long do I need to commit to running a Mac Tools unit? What is my contractual commitment?
Mac Tools franchisees are typically required to sign up to a 5 year contract initially. The renewal length is 5 years. You can of course exit early but don’t expect to get any refund!

Accessibility

6 /10
The Franchisor's investment costs ranges from $121,320 to $344,275 which is Much Lower than the $0 to $0 average in the Retail Stores industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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