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Home > Franchises > Matco Tools
Matco Tools
A franchise agreement takes place when the concerned parties involved are bound together through certain contractual provisions. This is an arrangement whereby someone with an idea for a business, the franchisor, sells to another person the franchisee the rights to use the business's name, sell a product, or provide a service to someone else. A franchise agreement will usually specify the given territory the franchisee retains exclusive control over the area protection, as well as the extent to which the franchisee will be supported by the franchisor. Matco Tools is a manufacturer and distributor of quality professional automotive equipment, tools and toolboxes. Their product line now numbers more than 19,000 items. They also guarantee and service the equipment they sell. Matco began operation in 1946 and, since 1979, they have sold their products directly to professional mechanics, enthusiasts, and those who value quality tools through a network of independent franchised mobile distributors.
Franchising since 1993, Matco Tools is a subsidiary of Danaher Corp., has been manufacturing and distributing mechanics’ tools and service equipment, including everything from hand tools and toolboxes to shop equipment. With more than 1,200 distributors across the United States and Puerto Rico, Matco and its franchisees service more than 825,000 automotive technicians and mechanics worldwide. Franchisor is a publicly held company with 150 employees, 7 employees in franchise department.
Their franchisees are easily recognized in their white trucks bearing the familiar Matco logo. Today, Matco distributors operate in all 50 states, Canada and Puerto Rico.Matco offers a complete Business System of Premium Quality Products that is Market Innovators, End-user financing programs, Field Management support, 36 Franchisee Support Programs etc. It provides a franchise with transferability, Dynamic marketing programs and Registered trademark. Their total investment is 72000 to 169000 dollars and Franchise fee is 0 dollars. Matco is proud of their quality products and their partnerships with their distributors. Together, they offer the best buying relationship in the industry.
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