Matco Tools Total Franchise Costs*:
| Initial Franchise Fee | $8,000 |
| Initial Inventory | $50,000 - $84,000 |
| Acquisition and Establishment of Time Pa ... | $22,000 or $4,700 - $9,325 |
| Mobile Store Lease | $2,784 - $160,000 |
| Computer Hardware | $2,700 - $3,400 |
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Is Matco Tools a good franchise?
It's no wonder Matco Tools has been ranked in Entrepreneur's Franchise 500 many times in recent years. This ranking is based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.
How much do you make with Matco Tools?
Average Matco Tools Delivery Driver hourly pay in the United States is approximately $19.00, which is 17% above the national average.
How much does a Matco salesman make?
Average Matco Tools hourly pay ranges from approximately $11.00 per hour for Packer to $25.83 per hour for Human Resources Generalist. The average Matco Tools salary ranges from approximately $25,000 per year for Associate to $83,707 per year for Route Sales Representative.
How much does a snap-on franchise make?
How much do Snap-On Franchise Owners make? The highest-earning franchise made over $2 million in revenue whereas the lowest-earning franchise made less than $150,000.
How much can you make selling Mac Tools?
As of Oct 21, 2022, the average annual pay for a Mac Tools Distributor in the United States is $58,272 a year. Just in case you need a simple salary calculator, that works out to be approximately $28.02 an hour.
Is Matco Tools a good company to work for?
Is Matco Tools a good company to work for? Matco Tools has an overall rating of 3.5 out of 5, based on over 84 reviews left anonymously by employees. 52% of employees would recommend working at Matco Tools to a friend and 40% have a positive outlook for the business.
How many Matco dealers are there?
Connect With a Franchise Expert Near You The tools and service we provide are delivered through our network of over 1,900 independent business owners - our Franchises.
What franchise is the most profitable?
Most Profitable FranchisesDunkin'7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items...•
How much does a Snap-on truck make a year?
Average Snap-on Owner Operator Driver yearly pay in the United States is approximately $100,000, which is 54% below the national average.
How much would it cost to buy all Snap-on Tools?
You must purchase an initial inventory, which Snap-on Tools pre-selects for you, with a suggested retail price approximately between $172,000 to $188,000 and a cost to you approximately between $114,500 to $125,000.
How much does a top car salesman make?
While ZipRecruiter is seeing salaries as high as $117,115 and as low as $18,857, the majority of CAR Salesman salaries currently range between $24,812 (25th percentile) to $54,587 (75th percentile) with top earners (90th percentile) making $88,828 annually in California.
How much can you make in sales?
The average pay for a sales representative in the United States is $79,451 per year. This includes an average salary of $52,173 per year, with commissions averaging $27,277 per year. Additional pay may include cash bonuses, commissions, tips, and profit-sharing.
What Does a Matco Tools Franchise Cost?
To buy a franchise with Matco Tools, you'll need to have at least $40,000 in liquid capital. Franchisees can expect to make a total investment of $70,000 - $170,000. They also offer financing. *
How long is Matco training?
Our initial 10-day classroom training program combines product information with business classes to help you get off to a successful start. After you graduate, you will experience another six weeks of intensive training in the field. We make sure that you feel comfortable and confident, not only with your decision to join the Matco Tools family, but also day-to-day in your store.
Does Matco pay royalty fees?
Receive national advertising, marketing materials and sales tools to boost your business at no cost to you – No advertising or royalty fees.
Does Matco offer in-house financing?
In addition to having one of the lowest start-up costs in franchising, Matco Tools is one of the few franchise systems that offers in-house financing to those who qualify. Matco’s Financial Services group has a dedicated team that will assist you with your financial needs as you start your new business.
Does Matco provide tools?
In addition to the industry-leading classroom sessions and hands-on training in your store, Matco will provide you with the tools you need to succeed.
Why can't Matco give specific numbers?
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.
What is out of pocket cost?
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.
