Danaher Corporation’s subsidiary, Matco Tools has been servicing, distributing and manufacturing automotive tools, equipment and toolboxes from 1979. Today their products are over 13,000 various items. Nearly 1,500 trucks products are sent to the customers form Franchisees in Canada, Puerto Rico and all 50 states. Timothy Gilmore is the CEO of Matco Tools.
Established in: 1979
Parent Company: Fortive Corporation
Franchising from: 25 Years Since 1993
Company Address: 4403 Allen Rd. Stow, OH 44224
Investment:
Their Minimum Investment was: $91,385
Their Maximum Investment was: $269,565
Units:
1st Year: +20 Units
After 3 Years: +222 Units
Locations of Units:
|
U. S Franchise |
Franchises Outside US |
Company Owned |
|
|
2016 |
1,600 |
70 |
1 |
|
2017 |
1,680 |
75 |
2 |
They are seeking new units throughout U.S and in Canada States/Regions.
Financing Options:
To cover franchise fee, startup costs, equipment, accounts receivable and inventory costs Matco Tools offers in-house financing and maintains third party sources relationships which offer finance.
Financial Requirement:
Net-worth Requirement: $33,000
Liquid Cash Requirement: $30,000
Support Options:
Toll-Free Line
Meetings/Conventions
Newsletter
Purchasing Co-ops
Online Support
Field Operations
Security/Safety Procedures
Franchise Intranet Platform
Proprietary Software
Marketing Support:
Social Media
SEO
National Media
Regional Advertising
Co-op Advertising
Ad Templates
Email marketing
Website Development
Website: matcotools.com
Facebook Page: Post or share on Matco Tools facebook
Daily Tweet: Matco Tools Twitter
Instagram: Matco Tools Instagram to post
Customer Service Number: 866 289 8665
For Support: Customer Service