Franchising Status
Eligibility for SBA Loan

Franchisor Background

Year Founded

Year when franchising entity was formed
2016

Parent Company

Corporate owner of franchising entity
Fortive Corp.

CEO

Chief Executive Officer of Franchisor
Timothy Gilmore

Franchise Units

Size of franchisee system
1,682

Industry

High level industry category
Retail

Initial Franchisee Requirements

Net Worth Required

Minimum net worth required to be franchisee
$25,000

Liquid Capital Required

Minimum liquid capital required to be franchisee
$25,000

Minimum Investment

Lowest reported franchise investment cost
$91,385

Maximum Investment

Highest reported franchise investment cost
$269,565

Minimum Franchise Fee

Minimum initial fee payable to franchisor
$7,000

Maximum Franchise Fee

Maximum initial fee payable to franchisor
$7,000

Other Considerations for Franchisees

Initial Term

Length of initial franchise agreement
10 years

Renewal Term

Length of franchise agreement if renewed
10 years

Number of Franchisor Lawsuits

Between franchisors and franchisees
5

Number of Director Bankruptcies

Franchisor directors, and franchise entities
0

Distribution of Matco Tools Franchisees

Matco Tools Franchise System Development in 2017

FAQ

How much investment do I need to start my own Matco Tools business?
Franchisees typically require $91,385 to $269,565 investment to get their Matco Tools business started
What are the initial franchise fees for Matco Tools?
Franchisees typically need to pay between $7,000 and $7,000 in fees directly to Matco Tools in order to earn the right to launch their business
How much money can I make with a Matco Tools franchise? What are the average revenues for a typical Matco Tools business?
We haven’t done the math on how much revenue a typical Matco Tools brings in each year. We estimate that other franchisees in the Retail industry general 0 revenue, so we would expect Matco Tools to generate a similar amount
How long do I need to commit to running a Matco Tools unit? What is my contractual commitment?
Matco Tools franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 10 years. You can of course exit early but don’t expect to get any refund!

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