MATCO Tools
Matco Tools is a manufacturer of quality professional automotive equipment, tools and toolboxes. Our product line now numbers more than 100,000 items. Our Franchisees distribute nationally branded products and are supported by a proprietary software program to assist them to professionally manage their business.
Matco Tools is a subsidiary of Danaher Corporation (NYSE: DHR), a Fortune 500 company and rapidly expanding conglomerate in many industries, including tools, environmental and industrial process and control markets. Matco began operation in 1946 and, since 1979, we have sold our products directly to professional technicians, automotive, truck, aviation and marine repair facilities through a network of independent franchised mobile distributors.
Our franchisees work from home and service pre-established customer bases in exclusive territories. Customer contacts are completed weekly and Franchisees enjoy a Consultive relationship with their customer bases. Matco operates in all 50 states, Puerto Rico and Canada.
BACKGROUND
Year Established: 1946
Year First Franchised: 1993
Franchised Units: 1,451
Company Owned Units: 0
Projected New Units: 250
States Registered In: All 50 states, Puerto Rico and Canada
FINANCIAL/TERMS
Cash Investment: $20,000 to $30,000
Total Investment: $70,000 to $170,000
Minimum Net Worth: $60,000
Franchise Fee: None
Royalty: None
Ad: None
Average # of Employees: Owner Operated - no employees
Passive ownership discouraged
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