Mac Tools FDD Summary
Type of Business
The franchisee will receive the right to operate a business involving 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 approximately 325 potential customers of Mac Tools products. The franchisee will regularly visit the stops with a truck equipped with displays of the 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 other who will use the products in business. The franchise is granted for an initial term of 5 years with the right, upon compliance with certain conditions, to renew for two additional successive 5 year renewal terms.
Stanley Industrial & Automotive, LLC, a Delaware limited liability company, was formed on October 31, 2013. The effective date of the corporate reorganization that resulted in the Mac Tools Division becoming a part of Stanley Industrial & Automotive, LLC was December 28, 2013. The Mac Tools Division has its principal business offices located at 505 North Cleveland Avenue, Westerville, Ohio 43082.
The total investment necessary to begin operation of a Mac Tools franchised business ranges from $86,190 to $240,305 (assuming you operate one Route). This includes $53,000 to $54,500 that must be paid to the franchisor or an affiliate.