Matco Tools FDD – Franchise Information, Costs and Fees
Type of Business
Matco is a manufacturer and distributor of professional quality mechanics’ tools and service equipment. If you enter into a Distributorship Agreement with Matco, you will purchase, resell, and service the Products, which currently consist of more than 19,000 items, as a mobile distributor under the Matco System.
Corporate Information
Matco Tools Corporation is a Delaware corporation, incorporated on January 12, 1993, with its principal office at 4403 Allen Road, Stow, Ohio 44224. Matco is a wholly-owned subsidiary of MTH Holding LLC, and operates as an indirect wholly-owned subsidiary of GLFD Holdings LLC, and Vontier Corporation. MTH is Matco’s parent company. MTH is a Delaware limited liability company with its principal office at 1209 Orange Street, Wilmington, Delaware 19801. MTC began offering distributorships in 1979.
Investment
The total investment necessary to begin operation of a Matco Distributorship ranges from $107,476 to $340,059. This includes the following payments to Matco or its affiliates: the initial franchise fee of $10,000; approximately $55,500 to $92,000 for the minimum initial inventory; $899 for the initial software license fee and $395 license fees for the credit card and signature pad processing software; $450 for the software support and maintenance fee; $195 for the webpage set-up fee; $99 for a document processing fee; and approximately $22,000 for the Time Payment Reserve Account (if you do not participate in a Matco financing program).
