Mac Tools FDD – Franchise Information, Costs and Fees
Type of Business
The franchisee will receive the right to operate a business that involves the mobile sale of professional automotive tools and similar products manufactured and/or distributed by Mac Tools and bearing the MAC Tools® trademarks. The franchisee may also be permitted to purchase and distribute certain other products sold by Mac Tools. The franchisee will be assigned a Route of assigned stops with a minimum of 325 potential customers of Mac Tools products. The franchisee will regularly visit the stops with a truck equipped with displays of the franchisee’s tool inventory. The stops will include automotive aftermarket businesses, service stations, independent garages, car and truck dealerships, and non-automotive businesses such as cycle shops, lawn mower shops, airports, marinas, machine shops, factories, farm implement dealers or repairers, commercial agricultural businesses and other commercial users of tools and shop equipment. The customers at the stops are professional mechanics and others who will use the products in their business. The franchise is granted for an initial term of 10 years with the right, upon compliance with certain conditions, to renew for one additional successive 10 year renewal term.
Corporate Information
Stanley Industrial & Automotive, LLC is a Delaware limited liability company. Stanley Black & Decker, Inc., a Connecticut corporation is the ultimate parent company of Stanley Industrial & Automotive, LLC. Mac Tools has its principal business offices located at 5195 Blazer Parkway, Dublin, Ohio 43017.
Investment
The total investment necessary to begin operation of a Mac Tools franchise ranges from $120,010 to $340,535. This includes the $81,035 to $88,950 that must be paid to the franchisor or its affiliate(s). The estimated initial investment for an existing Mac Tools distributor converting to a Mac Tools franchisee ranges from $9,200 to $28,580. This includes the $8,000 to $13,950 that must be paid to the franchisor or its affiliate(s). The estimated initial investment for a distributor or franchisee of another mobile tool or mobile product distribution system, or an employee of Stanley Industrial & Automotive, LLC, converting to a Mac Tools franchisee ranges from $118,375 to $338,050. This includes the $81,000 to $88,950 that must be paid to the franchisor or its affiliate(s).
