MATCO TOOLS Distributor Franchise [UPDATED]
December 7, 2011
Matco Tools aggressively promotes its mobile distributor franchise as a great investment. Angry Matco Tools distributors claim it’s a calculated, unethical franchise scheme that profits from their failures. Who’s telling the truth? Read more…
Matco Tools claims it’s the #1 tool franchise…
Matco Tools’ mobile tool franchise is aggressively advertised and heavily hyped on a national basis. Matco Tools boasts that it is consistently ranked as one of the top franchise opportunities in the USA, that its recognized by Entrepreneuer Magazine as the #1 Tools Distribution Franchise and #19 overall in its Franchise 500 ranking. Matco Tools claims to be one of the top 10 most popular franchises for military veterans.
But some Matco franchisees claim they’re getting the shaft
Once you get past the expensive and pervasive franchise hype, some alarming allegations about the Matco Tools franchise appear.
A recently filed class action lawsuit alleges that Matco Tools and TD Bank conspired to fraudulently obtain SBA loans for franchisees they knew would likely fail.
A report from law firm Marks & Klein alleges that 49% of Matco distributors are churned from the system each year, only to be replaced by new franchisee investors destined to meet a similar fate.
Yet, other long-time Matco Tools distributors are strongly defending the company and its practices (MATCO TOOLS Franchise Defenders Speak Out)
Who is telling the truth about the Matco Tools Distributor Franchise Program?
Read our posts and the comments under each, and decide for yourself.
Matco Tools Franchise Posts & Discussions
MATCO TOOLS Franchise Complaints June 8, 2011 (4000+ comments)
MATCO TOOLS: Unhappy Franchisee Launches RoboCall Campaign< January 16, 2012
MATCO TOOLS Franchise Information Video January 4, 2012
<MATCO TOOLS: Franchisee Alleges Franchise Fraud (Video)< January 4, 2012
<MATCO TOOLS: Lady Matco Speaks Out (Video)< January 1, 2012
MATCO TOOLS Franchise Defenders Speak OutDecember 7, 2011 (Comments defending Matco invited)
MATCO TOOLS Franchise Report Alleges Distributor Churning November 29, 2011
MATCO TOOLS 2011 Franchise Disclosure Document (FDD) & Other Resources November 22, 2011
MATCO TOOLS Class Action Lawsuit, “Secret” Sales Projections November 22, 2011
FRANCHISE LAWSUIT Alleges Matco Tools Scam, TD Bank Fraud November 15, 2011
Failure Rates of the 10 Most Popular Franchises April 26, 2010
Other Mobile Tool Franchise Posts:
Mobile Tool Franchise Guide January 3, 2012
<Mobile Tool Franchise Guide: Franchise Resales < January 2, 2012
<Mobile Tool Franchise Guide: List of Calls (LOC)< December 30, 2011
MAC TOOLS Guilty of Franchise Fraud? November 7, 2011
CORNWELL TOOLS Franchise Scam or No Scam? November 17, 2011
ARE YOU FAMILIAR WITH THE MATCO TOOLS FRANCHISE DISTRIBUTOR PROGRAM? WHAT DO YOU THINK? SHARE A COMMENT BELOW!
To contact the author and site admin, email UnhappyFranchisee[at]gmail.com