MATCO TOOLS Franchise Complaints:  Have you had any dealings with MATCO Tools  or the MATCO Tools franchise?  Please share a comment about your experience – good or bad – below, as well as advice for those considering investing in a MATCO Tools franchise.

Also read: FRANCHISE LAWSUIT Alleges Matco Tools Scam, TD Bank Fraud

We received the following franchise warning about the MATCO TOOLS franchise opportunity.  According to commenter “TOMMY CHEUNG” :

“STAY AWAY FROM MATCO TOOLS. THEY WILL SELL YOU A BILL OF GOODS,WHICH IS NO GOOD.

“RUMOR HAS IT ,MATCO MAKES MORE MONEY SIGNING NEW FRANCHISES THAN THEY DO TAKING CARE OF THEIR CURRENT ONES.

“DARYL PRITCHETT AND MIKE RAMEY WORK TOGETHER TO SIGN YOU UP AND THEN KICK YOU TO THE CURB. I AM WORKING ON A LAWSUIT AGAINST MATCO, HOPING TO TURN IT INTO A CLASS ACTION SUIT. YOU MAY CONTACT JERRY MARKS AT MARKS AND KLEIN LAW FIRM AT [redacted], IF YOU ARE INTERESTED.

“I INVESTED ALOT OF MONEY IN MATCO AND AFTER 3.5 YEARS THEY SHUT ME DOWN. WHEN THE ECONOMY SLOWED IN 2008,THEY PUT ME OUT OF BUSINESS.

“I ALSO SPOKE TO A PREVIOUS EXECUTIVE, WHO CALLED ME, AND STATED THATS THE WAY MATCO DOES BUSINESS. STAY AWAY FROM MATCO TOOLS AND RUN LIKE HELL WHEN YOU SEE THEM. I REPEAT DO NOT BUY OR INVEST IN MATCO TOOLS…”

Marks & Klein is a legitimate franchise law firm that often represents franchisees in lawsuits against their franchisors, but we haven’t verified with them whether a lawsuit against Matco Tools is in the works or not.

WHAT DO YOU THINK?  IS MATCO TOOLS A GOOD FRANCHISE OPPORTUNITY, A FAIR FRANCHISE OPPORTUNITY OR A FRANCHISE SCAM? 

If you’ve had dealings with Matco Tools, please share a comment below.

Matco Tools Franchise Posts & Discussions

MATCO TOOLS Franchise Complaints  June 8, 2011 (1000+
comments)

MATCO TOOLS Franchise Defenders Speak Out December 7,
2011 (Comments defending Matco invited)

MATCO TOOLS Distributor Franchise December 7, 2011 (Overview with
links)

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:

MAC TOOLS Guilty of Franchise Fraud?  November 7, 2011

CORNWELL TOOLS Franchise Scam or No Scam?  November 17, 2011



unhappyzee

View Comments

  • Guest wrote - "Wouldn’t it would be fair to assume that the 93% were either terminations or simply abandoned as unsaleable?"

    Junior - Where on earth do you come up with your facts? It's certainly not from the very report you quote.

  • "Of that 715, only fifty (50) transferred their MATCO Tools business to third party franchisees. Of the remaining six hundred and sixty five (665) Distributors who left the MATCO Tools system, five hundred thirty one (531) closed their Distributorships, and one hundred thirty four (134) had their distributorships terminated. If a MATCO Tools distributor desired to exit the system during this three year period, and hoped to sell its business through a MATCO approved transfer, that franchisee had less than a seven percent (7%) chance of success. Statistically speaking, such a low success rate indicates that the MATCO Tools businesses run by distributors who were leaving the MATCO system were so unprofitable as to be unmarketable.

    "MATCO Tools has, nonetheless, continued to offer and sell Distributorships despite the pattern of early failure."

    https://unhappyfranchisee.mystagingwebsite.com/matco-tools-franchise-distributor-churning/

    How many McDonald's franchisees do you think simply walk away from their franchises or aren't able to sell them?

    I look at the front of this website and each day these comments are always at the top of the discuission list. Even the Curves discussion doesn't have as many complaints and they had 10,000 locations.

    Kevin, you can keep arguing that Matco is only suffering "acceptable losses" and is a normal franchise situation, but the comments, the report, the SBA stats, and the lawsuits tell a more convincing story. Keep arguing that there are WMDs long after it's clear there aren't and its you who looks like a fool.

    Why don't you address a few of the many detailed accounts of good dbrs being unfairly terminated and convince them that they got what they deserved instead of arguing that there's no problem whatsoever.

    No one's buying it.

  • Relentless wrote - "...If you know a DM or RM ask if they get FAT bonuses after getting three new Franchises started."

    Junior - You left out the retention requirement. You know, the FACT that if they separate within a specific time-frame they take the recruiting incentive back.

    Relentless wrote - "Remember how Matco gave us a step-up program to find new recruits. Is there a similar step-up program for DM’s."

    Junior - If you know a DM or RM ask them how Matco feels about a -1 or -2 within a region or district. They actually put a ton into retention, you left that part out.

    Relentless wrote - "Is a $5000 bonus enough incentive to get a DM or an RM to lie, cheat and fraud franchisees for bonuses?"

    Junior - Are you aware that a DM is required to fulfill ALL of his weekly duties on top of a new start. Hours or his own time, time away from home, non-reimbursed time and expenses for his effort. And he gets zero if the recruit wakes up one day and says, I'm out, it's not my cup of tea. The DM NEVER gets that back.

  • Tommy wrote – “We will be heard and Cary, you may want to call Jerry, because it wont be long before you fail and will need someone to help, call us, we will be there for you too. Its called turn-around..GO GET EM JERRY.”

    Junior – It’s called Mob mentality. And Tommy you can’t be there for anyone, your family counted on you and you failed them. Now they look at the back of your head while you spend your life on forums and craigslist posting unfactual claims in a misguided effort to ruin a massive corperation.

  • Tommy wrote – “We can turn this into a major headache for all franchises that treat their franchisee,the way Matco treated us.”

    Junior – So all franchises are scams now Tommy? Any facts to back all of this up?

  • Guest said: ““MATCO TOOLS Franchise Complaints” comments: 1810″
    Kevin wrote: "Another lie. There are not 1810 complaints here."

    Clearly says "comments" not "complaints."
    Kevin, why don't you either make a point or do something more productive, like checking your still, huffing methane or polishing Glenn's hood ornament. What little game you had is long gone.

  • Guest- It is rare that a distributor would sell his franchise to another distributor. It is legal, and it does happen, but rare. The reason? HE DIDN"T PAY FOR IT IN THE FIRST PLACE!! A McDonalds franchise costs a bunch of money. The seller won't just walk away without recouping his franchise cost. You know this, but you keep spewing lies and distortions for the weaker minds to gobble up. Like I said before, keep it up- it only makes the WMD look worse, and Matco look better.

    In you case, someone is buying it, and I'm happy they are.

  • Guest said: "Clearly says “comments” not “complaints.”

    Yeah, that's right. thanks for supporting my post. You tried to make it sound like they were all complaints, but it didn't work. Another distortion by someone who has never been a distributor. Nice try- thanks for playing.

  • Kevin writes: "It is rare that a distributor would sell his franchise...The reason? HE DIDN”T PAY FOR IT IN THE FIRST PLACE!!"

    Sure Kevin. McDonalds franchise owners sell their franchises for a bundle because they pay a separate franchise fee and Matco owners are unable to sell their businesses because their franchisee fee is hidden in their initial tool purchase.

    Mmm Hmm.

    And by extension, no one ever sells an independent business because they didn't pay a franchise fee.

    Mmm Hmm.

    On 2nd thought, better lay off the methane, Kev.

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