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
Recent developments have left franchisees worried and uncertain about their futures. To advocate for greater…
The Building Kidz Worldwide franchise is an opportunity to own a preschool & childcare center…
PAINT NAIL BAR has undergone some significant changes since franchisees contacted us with their complaints,…
U.S. Veterans magazine has removed JDog Brands as its #1 "Best Franchises for Veterans" list.…
More than 400 Veterans & military families who invested in JDog Brands franchises have failed,…
Genevieve McDaniel is a former franchisee turned franchise researcher, franchisee advocate, advisor and fiercely honest…
View Comments
Tommy con’t – “I PERSONALLY BELIEVE MY DIST MANAGER NAMED, DARRYL PRITCHETT AND REGIONAL MANAGER, MIKE RAMEY HAD PERSONAL MOTIVES IN PUTTING ME OUT OF BUSSINESS.”
Junior – NOW WAIT…earlier you said for “NO REASON” and now you say they have a reason?
Dec 11th 2011 Tommy wrote – (this website) “This so true. it has happened to all of us in one way or another, the American dream has been shot down by matco.”
Junior – Not all of us Tommy. You really should choose your words better.
Tommy con’t – “We all wanted to own our own business, well it is not just your business, you are a subcontractor to ,matco.”
Junior – So you agree that Debbie has incorrectly stated whether we were employees or contractors?
Nov 30th 2011 Tommy wrote – “Just for the record, as I stated before, all my post on this site are my opinions and have never been stated as factual”
Junior – WE FINALLY AGREE ON SOMETHING TOMMY. Yes, you are free to say whatever you want because NONE of it is based on FACTS!
Tommy Snap On did what you wanted MATCO to do for you. When a dbr got behind on his toolbill, Snap On would "help" the dbr out and add his OPA to his note, clearing up his opa to buy again. Great plan, because now dbr was off hold and could order more tools.
Unfortunately, after doing this a few times, a dbr would owe snap on $150,000 on a note, but would have $30,000 in inventory. Then the dbr would go out of business and owe $120,000 with no way to pay. This is why the wives got together and started the lawsuit.
So Jerry sues Snap On, now you want him to sue MATCO for not doing what he sued Snap On for doing....hmmm.
Tommy wrote – “making my rounds, and people were not buying or paying.”
Junior – So it was the customer base not Matco is a SCAM. Which is it?
Tommy wrote – “He did not give any advise on ways to make more sales or to convince people to pay.”
Junior – And you continued doing the same thing over and over hoping what would happen? You’d fail so you could claim it’s a SCAM, spend the rest of your life posting your “opinion”?
Tommy wrote – “Then at the district meeting, he comes out and says, yes the economy is in bad shape to all of us. What a way to change his story. Never once mentioned any way to keep sales going or any support at all.”
Junior – Are these basically the same meetings I went too? The ones where Matco Corp built the slides of how to change your business in challenging times? Where tools were discounted? You know, the ones where you buy ten and go out and run a promotion? None of this worked for you I take it?
Gary wrote - ""Just read “Junior’s” job listing for Tommy…………DEFINITELY DM attitude. Junior, really ? Did you just walk off the set of Hee Haw or what ?
By the way………… WTF is a “sky-scrapper”?""
Junior - Sorry 'bout that Gary. I get kicked in the head once in a while in sparring, makes me a little crazy here and there. But I gotta ask, what makes you think I posted it? I'm dieing to know. I liked it, I thought it was funny, but...
Tommy wrote – “Cary, I will continue to kick them where it counts. The truth hurts, and the way matco does business is deceitful and illegal.”
Junior – Just in your opinion right Tommy? We wouldn’t want to slander anyone without proof now.
Do you want change?Have you considered a Matco Tools Franchise? Did you know
Matco Tools is the #1 Rated Tool Franchise according to Entrepreneur Magazine? In
addition we are the #5 Rated Home Base Business and #19 of the top 500 Rated
Franchises.
Following are just some of the many features and benefits an exclusive Matco Tools
Franchise offers:
*No initial Franchise Fee.
*No Roylalty or Franchise Fees.
*No exprerience necessary.
*Owner Operated. No Employees necessary.
*Exclusive customer base and territory.
*Nationally respected brand.
*Stability. 60 years of industry experience.
*Home Base/low overhead.
*Low Start-up cost. Matco Financing available for qualified applicants.
*Unparalleled training and customer support. World Class rated customer service offered
by a staff of approximately 500 employees to support 1500 franchisees.
Are you ready for change? Are you ready to join a franchise which solely supports itself
based on the success of its franchisees? If you're ready to become your own boss and run
your own business, then Matco Tools is the answer for you.
To find out if your credentials match Matco Tools' requirements, contact Rick Yoder, at
http://www.gomatcotools.com, today to request a no obligation franchise packet.
Helping Tommy get to that toaster at 2000 posts..