Frequently Asked Questions
Franchise FAQs: Common Questions & Expert Answers
Get answers to questions about Matco franchise ownership: Opportunity. Investment. Financing. Support.
Franchise Opportunity
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What is the average franchise owner salary?
To learn more about average salary visit our Earning Potential page.
There are many unknowns and unique variables that go into a franchise owner salary, such as:
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Time you dedicate to the business
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Ability to manage the money you collect from customers
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How much you're able to sell
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Store inventory
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State tax policy
You'll be better able to determine your income once you have met with a Matco Tools Franchise expert. They will be able to provide you with the best possible income estimates for franchise owners in your area. Sign-up to learn more about our franchise.
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How are my customers identified?
Matco Tools provides new franchise owners with a specific territory to cover and a list of at least 325 potential customers that they can call on in that area. Each territory is identified by the District Business Manager through surveys and customer interviews.
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How do I qualify to become a Matco Tools Franchisee?
Completing the Matco Distributor application and submitting it for preliminary approval permits a detailed analysis of funding requirements, available financing options, and establishes franchise qualifications.
Once approved, you will meet with a Matco Representative to complete your personal business plan and budget. You will choose at least 2 current Matco Franchisees to meet with and learn about the mobile tool business. These events will help you to experience the business and learn about the earnings opportunity. -
Will I be competing with other Matco Tools Franchisees?
Completing the Matco Distributor application and submitting it for preliminary approval permits a detailed analysis of funding requirements, available financing options, and establishes franchise qualifications.
Once approved, you will meet with a Matco Representative to complete your personal business plan and budget. You will choose at least 2 current Matco Franchisees to meet with and learn about the mobile tool business. These events will help you to experience the business and learn about the earnings opportunity. -
Approximately how many miles is each territory?
That can vary from franchise to franchise. If your territory is located in the city, you may cover fewer miles as opposed to a franchise owner whose territory is located in a more rural area.
Franchise Investment
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How much money will I need to start my mobile tool franchise business?
Typically, you will need $20,000 to $30,000 in start-up capital to start your own mobile tool franchise business. However, franchise investment requirements vary in relationship to your personal budget needs, amount financed, and equipment needs.
You'll be better able to determine your start-up capital amount once you have met with a Matco Tools Franchise representative. Complete our sign-up process and if you qualify a local Franchise Sales Specialist will explain all the details. -
How much money can I make as a Matco Tool franchisee?
Matco cannot give any specific numbers because franchise disclosure laws don't allow us to give any specific income numbers.
You'll be better able to determine your potential earnings once you have met with a Matco Tools Franchise representative.
Complete our sign-up process and if you qualify, a local Franchise Sales Specialist will explain all the details. -
What are the total costs I will incur in purchasing a Matco Tools Franchise?
The costs depend on personal budget needs, projected business budget, equipment needs, inventory, and accounts receivable requirements.
As part of the "Distributor Driven" process, Matco has policies and procedures in place to assist candidates in entering the Matco Tools franchise system on a sound financial basis.
A Matco Franchise Representative will help you determine the exact cost of purchasing a Matco Tools Franchise. Complete our sign-up process and if you qualify a local Franchise Sales Specialist will explain all the details. -
Where are Matco Tools franchise opportunities available?
There are Matco Tools franchise opportunities available from coast-to-coast in all 50 U.S States, Canada, and Puerto Rico.
Be sure to visit our available territories page to find the nearest franchise opportunity to you.
Franchise Financing
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Can I finance any of the costs for entering the franchise?
There are a variety of options to finance your initial investment. Based on your credit history, you may qualify for financing through Matco Tools, commercial banks, Credit Unions, or Savings and Loan Institutions.
Some may qualify for loans guaranteed through the Small Business Administration (SBA); others may choose to utilize their 401K funds.
A District Manager can assist in the preparation of loan applications and business plans. -
Are there any financial qualifications involved with purchasing a Matco Tools Franchise?
Franchise owners are required to meet qualifying net worth and credit score.
Franchise Support
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What type of franchise training is provided?
New mobile franchise owners go through a two-week training course at Matco Tools' Corporate Headquarters in Stow, Ohio.
Once complete, mobile franchise owners will be assigned to a designated Trainer or District Manager to help get set up and learn how to operate their new business. During the on-truck training, a course outline will be followed to assure all topics are covered and that required skill levels are reached.
In addition to new franchisee training, Matco Tools provides on-going training to all Matco Tools franchise owners.
The investment of time and resources in training Matco Tools franchisees has proven to be a major contributor to the success of the system and our gains in market share. -
To get a better feel for the company and what it would be like to own a Matco Tools franchise, can I talk to an existing franchise owner?
Yes, you can. In fact, we encourage it. That's because we understand that buying a franchise is a big step for you and your family, so we want to make sure it is the right step for you.
Once you have reviewed the reference materials provided, we recommend that you:
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Call current and former Matco Tool Franchise Owners
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Schedule on-truck orientation rides with a couple of different Matco Tool Franchise owners
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Seek advice from qualified advisors
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Ask many questions
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Does Matco Tools provide a software program for me to track sales?
Each Matco Tools Franchisee is equipped with the Matco Distributor Business System. This specially designed software helps franchise owners keep track of sales, special orders, inventory levels, customer account balances, daily and monthly reports, and much more.

