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 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
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View Comments
anyone ever notice that guest only seems to post during business hours????? and knows a lot about law......makes me think its someone at Jerrys law firm
Amazing that Jason/Kevin (aka Guests2-3) are so concerned about copying and posting (with attribution - more legal talk!) a message clearly posted to the public domain, but they are remarkeably silent about the report that alleges a 49% - that's right 49% - failure rate, as recorded in Matco's own legal documents.
Did you miss this, or are you hiding from it: https://unhappyfranchisee.mystagingwebsite.com/matco-tools-franchise-distributor-churning/
Here are some of the key points:
"MATCO discloses information which suggests a fundamental failure of its franchise system is taking place..."
"forty nine percent (49%) of the total number of MATCO Tools Distributorships open at any time during the period, left the MATCO system"
"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."
"The information contained in the Disclosure Document paints a picture of failure on large scale, year after year, with MATCO seeking to replace Distributors whose tenure in its system is woefully short..."
"The actual operating results of a MATCO Tools Distributor may be worse that the picture presented by the FDD... which artificially lowers the number of terminations, closures, or transfers reflected in the FDD and as a result, analyzed."
I know you guys are awful busy debating more important matters, like dogs on trucks or Debbie's whereabouts when her messed up toolboxes arrive or what number to add to "guest" next, , but maybe you want to take a stab at the minor issues too, like half of Matco Tools distributors being churned & burned on an ongoing basis.
Debbie, seriously what many, many, many promises were even made to you by matco.I dont really remember anyone promising me anything that was not in wrighting and if the was that case that would be a breech of contract. Now Ive been doing this for thirteen years and signing back then was alot more lax than it is now with all you....i mean the sue happy people out there.
I saw a glimmer of hope in the posts when some of the other distributors were chatting about contest ideas and ways of driving business but then i realized that this toilet of a website is not the forum for positive things. It needs to be left as a giant pitty party for those of you that have gone out of or are currently in the process.
I think that Matco Should set up a forum on "mymatcotools.com" for distributors that want to share ideas about ways of driving business. Not an open to all site or association especially one hosted by "Debbie". From your initial email wrapped in negativety to all your posts here you have already made up your mind. Go find another line of work.
And Tommy Boy youve been out for what 3-4 years, the horse is dead, stop kicking it, move on to your next failure!
Thanks for your time
Cary Devitt
Billings Montana
as soon as guest reveals his real name and association, i will reveal mine. But at least I have tootltruck experience
Awesome post Cary! The real truth, get over and move on love it!
Guest 2 you nailed it too, Jerry is guest. when jason and posted that last week hit it right on. You try and ask people for promo ideas and they make fun of you, this sight is for failed distributors! They always want to blame everyone else for all their problems, go get em Jerry take more of former Tommie money, former debbie money go get em
Cary, I will continue to kick them where it counts. The truth hurts, and the way matco does business is deceitful and illegal. I am not going away, I started this claim with Jerry Marks and will continue the fight. Matco has damaged soo many
people and it will stop. I was in the top 200, for your info, I was not liked by my D.M. he has a reputation for kicking people out. I have recovered from my losses and moved on, but I am not letting up on Matco. 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.
"as soon as guest reveals his real name and association, i will reveal mine."
Sure, Jason. Can't wait to find out! ;)
In the meantime, Cary wants to dig in to the heart of the matter!
Yes, Cary is outraged that a site named "UnhappyFranchisee.com" might contain negative comments! Who'da figgered?
49% leaving the system, and Cary Devitt wants more ideas of giveaways!
OK, Cary. How about stadium blankets? Credit scores? Retirement or college funds? Hell, why not give away your homes... you're gonna lose them anyway!
im not jason
but nice try, who is guest, quit beating around bush
@Cary - well you asked for it
MANY MANY MANY promises - IN WRITING
1. I'll start with the biggie - Matco promised 325 potential customers
NOT delivered - my List of Calls - is supposed to be certified mechanics that must purchase tools to do their jobs
MY list is HIGHLY inflated and I have IN WRITING the proof to back it
I DO have a LONG LONG LONG list - but, I won't clog this message board. Everyone here that has been damaged by Matco has the SAME list.
Sorry, not taking your bait - fish elsewhere please.
THIS site is called Unhappy Franchisee - seems you happy so why are You here?