This Disclosure Document provides information regarding the operation of a Matco Distributorship. Matco is a manufacturer and distributor of professional quality mechanics’ tools and service equipment (the "Products"). If you enter into a Distributorship Agreement with Matco, you will purchase, resell, and service the Products, which currently consist of more than 15, 800 items, as a mobile distributor under the Matco System
Company Background
Matco Distributorship is a company that sells professional quality mechanics' tools and service equipment. If you enter into a distributorship agreement with Matco, you will purchase, resell, and service the products under the Matco system.
Franchise Opportunity
Becoming a mechanic is hard and takes years of training. Owning your own business can be an exciting way to earn money, but it also means taking on the responsibility for paying taxes and health insurance for yourself, as well as liability insurance for your customers. You will need to pay rent if you want a storefront or garage space, which can add up quickly depending on where you live. If you don't have enough cash flow from sales to cover overhead costs like these, then things can get very difficult very fast. Matco Distributorship offers a simpler way to make good money in this industry without all the hassle of being your own boss by selling tools out of your car trunk at gas stations around town or renting out extra room in your house/garage with Craigslist ads. We provide support through our national distribution center and each regional office has its own warehouse full of inventory that gets restocked every day so there's no waiting
Corporate Structure
Matco Tools Corporation is a Delaware corporation, incorporated on January 12, 1993, with its principal office at 4403 Allen Road, Stow, Ohio 44224. Matco is a wholly-owned subsidiary of Fortive Corporation, which was a wholly owned subsidiary of Danaher Corporation until July 2, 2016. Fortive is a Delaware corporation, incorporated on November 11, 2015, with its principal place of business at 6920 Seaway Blvd., Everett, WA 98203. Danaher is a Delaware corporation, with its principal place of business at 2200 Pennsylvania Avenue NW, Suite 800W, Washington, DC 20037-1701.
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
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. Retail Stores Industry
$476,198 / unit
Franchise Type: Standard
Average Revenue During 2022
$476,198
$458,613 Industry Low
$1,289,906 Industry High
Financial Performance of "225 Distributorships" Units
Average Revenue Per Unit
Compared vs. Retail Stores Industry
$458,613 / unit
Franchise Type: 225 Distributorships
Average Revenue During 2022
$458,613
$458,613 Industry Low
$1,289,906 Industry High
Financial Performance of "Enhanced Territory Distributorships" Units
This franchise's rate of attrition in 2023
of 0.00%
was
Lower
than the 9% in the Retail Stores industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by
franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year.
It is a strong indicator of the strength of the underlying operating model
Franchise Types Available
#
Type
Investment
Fees
Employee Contact Database
#
Name
Position
Phone Number
Email Address
Franchise Disclosure Documents
FDD
Effective Date
Distribution of Matco Tools Franchisees
Matco Tools Franchise System Development in 2021
FAQ
How much investment do I need to start my own Matco Tools business?
Franchisees typically require at least
$8,150 to
$309,133 investment to get their
Matco Tools business started
What are the initial franchise fees for Matco Tools?
Franchisees typically need to pay at least
$8,000 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 estimate that the average revenue of an individual
Matco Tools unit is approximately
$476,198. We based this on Item 19 in franchise disclosure
document
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!
Accessibility
9 /10
The Franchisor's investment costs ranges from
$8,150 to $109,150
which is
Much Lower
than the $210,550 to $455,143 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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