AWARD WINNING: Consecutive year winner of multiple awards: Fastest Growing Franchise, Top 100 Franchise, Franchise 500, and more. OWNED BY THE LARGEST TOOL COMPANY IN THE WORLD: Mac Tools® has the power of Stanley Black & Decker Inc. Behind us, with a product line in excess of 42,000 items, allowing us to be stronger and sell more tools than ever. Mar 31, 2017 In order to acquire a Mac Tools franchise, you must pay to Mac Tools an initial franchise fee of $3,000, which, unless financed by Mac Tools in circumstances as described in Item 10 of the disclosure document, is due in full upon the signing of the Franchise Agreement by Mac Tools. The initial franchise fee is not refundable.
How much does a franchise owner make?
There are many unknowns and unique variables that go into a franchise owner salary, such as:
- Time you dedicate to the business
- Ability to manage the money you collect from customers
- How much you're able to sell
- Store inventory
- 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.
How much does a franchise cost?
It is common for there to be confusion between out of pocket cost vs total investment cost for a franchise.
Out of pocket costs is considered start-up costs or amount of money or assets you will need to get started with a franchise. This amount can vary in relationship to your personal budget needs, amount financed, and equipment needs.
Out of pocket costs is considered start-up costs or amount of money or assets you will need to get started with a franchise. This amount can vary in relationship to your personal budget needs, amount financed, and equipment needs.
Total investment cost includes money out of pocket and loan to finance your initial franchise investment. Start-up costs are needed to get your business going.
Matco Tools Total Franchise Costs*:
| Initial Franchise Fee | $7,000 |
| Initial Inventory | $50,000 - $88,000 |
| Acquisition and Establishment of Time Payment Reserve or Time Payment Line of Credit | $22,000 or $4,700 - $9,325 |
| Mobile Store Lease | $5,385 - $125,750 |
| Computer Hardware | $2,700 - $3,400 |
| Computer Software and Internet Service - 3 months' payments | $2,050 - $2,750 |
| Insurance - 3 months' premiums | $427 - $3,412 |
| Travel, Lodging and Meals (for training) | $170 - $2,515 |
| Professional Services (accountant, legal help for you) | $150 - $2,000 |
| Fixtures, Supplies, Licenses | $500 - $4,000 |
| Additional Funds - 3 months' living expenses (reserve) | $5,000 - $13,500 |
| Total | $78,082 - $274,327 |
Matco cannot give any specific numbers because of the variables and the franchise disclosure laws don't allow us to give any specific income numbers. Setting up time machine for mac.
*Cost per Matco Tools 2019 FDD issued March 6, 2019.
UP TO $10,000 OF EXCLUSIVE INCENTIVES*
Matco Tools is a proud member of the International Franchise Association (IFA).
The purpose of this program is to reward veterans for their service to the USA and offer financial assistance to enter self-employment.
Offer is valid for all U.S. Armed Forces veterans, regardless of their date of discharge.
In addition to being an IFA member, Matco Tools provides exclusive franchise opportunities for veterans. GET UP TO $10,000* for veterans to start their own franchise. As of today, Matco has provided over $4.3 million in credits to help support over 430 U.S. veterans.
Explore Franchise Opportunities for Veterans
A franchise business aligns very closely to the characteristics and habits of a military veteran. A franchise gives you the opportunity to run your own business and determine your own success. The years of military training helps to form successful habits that translate directly to entrepreneurship, specifically a veteran-friendly franchise
Veteran Franchise Benefits
Mac Tools Franchise Salary
A franchise takes the guesswork out of running a business. With Matco Tools, you can open your own mobile tool store and get:
- Delivery routes with 325 customers
- In-house financing: Get up to 100% of your costs covered if qualified
- Flexible hours: set your own schedule & your success
Mac Tools Franchise Salary Template
Mac Tools Franchise Income
Get our FREE report and learn more about a Mobile Tool Franchises!
To qualify for this incentive, the following procedure must be utilized:
1. A copy of the Honorable Discharge Form (#DD214) must accompany the application.
2. The request for credit, $6,500 (net price of tools), is to be entered on page 5, section 9 of the application.
3. Upon submission, the Honorable Discharge Form will be reviewed and processed.
* Only Honorably Discharged veterans are eligible and may qualify for $10,000 of tools at list prices as incentive.
