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
Junior- I speak from fact and experience too. My "experience" was damn near EXACTLY like Todd Petersons, except happened over much shorter time period. And I can think of 3 or 4 in my training class that had EXACTLY same expeience.
Are we all liars? I guess we are.
Like I said, I had my day in court and was VERY happy with outcome. But as in Matco tradition I can no longer discuss specifics regarding it. I can only say that Jerry Marks represented me in arbitration against Matco. And that I was pleased with outcome. The rest is sealed as per Matco.
I wish I COULD tell you all I learned and know about a certain tool company now. You guys have know idea how much Stow has betrayed you.
Hopefully it will all come to light with this case.
"The only one here that’s actually told a story about what’s actually happened to him is Todd Peterson." Sure, Jr. Wrong as usual.
If anyone wants to see some of the stories of others you can use the search function in Internet Explorer (under the "edit" tab choose "Find on this page") and paste in the following one at a time.
Todd Allen Peterson on November 16th, 2011 4:01 pm
richard on November 21st, 2011 1:03 am
Gary on November 21st, 2011 6:02 pm
Tom on November 22nd, 2011 11:24 pm
Tom on November 23rd, 2011 12:57 pm
anon on November 27th, 2011 12:19 pm
Pat on November 29th, 2011 9:36 am
Bruce on November 29th, 2011 11:38 am
Former Distr on December 1st, 2011 9:25 am
Happy2bout on December 1st, 2011 1:49 pm
Todd Allen Peterson on December 1st, 2011 1:58 pm
Former Distr on December 6th, 2011 12:06 pm
Relentless on December 8th, 2011 2:23 am
Bob Tremblay on December 16th, 2011 7:40 pm
Bob Tremblay on December 16th, 2011 9:36 pm
Todd A. Peterson on December 21st, 2011 3:09 am
Todd Allen Peterson gave a long and detailed account of his mistreatment, and so did many others with very similar negative experiences.
Junior identifies with Todd, Kevin identifies with Tom as good distributors who got screwed over, but still deny there's a problem. They must be isolated incidents. Everyone other than their buddies must be lazy slackers, despite the fact that many tell the same exact stories.
Tom, I know the facts I was a DM, transwest does not pay dm's for running a lease thru them. Transwest does not pay one cent to any dm for anything, so I will post that she is lying and putting up false claims because she is!
Tom wrote - "I admire you blind faith to your company. That is to be commended. But step back and take a minute. Think about your own experiences and of others in your district. Can you HONESTLY say that this things couldn’t have or never happened?"
Junior - I don't recall anyone of us saying NOTHING could have happened to you. But there truly aren't any two stories alike. The end product is a separation but how each person got there is actually different. Different routes, different DM's, many differences.
So what we're all doing here is arguing about pieces and parts, claims and opinions. It will never be settled here. One person dreams up a claim like DM's get kick backs from suppliers and the other side goes crazy.
Until folks learn to back up a claim before they make it and provide proof of a claim it will go on and on. Opinions are fine, but an opinion that holds a claim is still a claim.
kevin, matco-1 - you must know the requirements to 'sell' a franchise' The FDD is public domain..
Of course, we know you have nothing to sell, but the collectible TP.
Lets see, who controls MY TP....mmmmm ME? nooooo ahhh Matco does! Read the FDD. Matco controls the TP in a potential sale/transfer.
But wait a minute, its my money, I purchased my product and I sold it at my cost. I earned my Customers, not Matco. nahhhh yur wrong!
Transfers of Time Payment Accounts Receivable. (in addition to article 10 of the contract)
Its your money but Matco controls it. Sweet.
IT IS NOT YOUR BUSINESS. Matco owns you... that is until you get into court.
thank you guest for chiming in on the others have posted their claims.
we just had a dbr close out his business to someone else. that dbr bought his truck but not his inventory. the previous dbr sent back 40,00 in inventory, got 15,000 sent back to him and charged shipping for it. lost 15% on what they accepted and was charged 2500 in misc charges for handling. why was he not allowed to sell his current inventory to the new dbr.
because matco starts a new dbr with already expired inventory trying to clear their shelves of old inventory. call me a liar on that. that is how they play that game.
if you dont team up and fight then you lose your ass. there is some safety in numbers and it proves what is really going on.
i have 15,000 in tool boxes but no one wants to help me move them. why , they are already paid for , my problem not theirs.
So "guest" what's your story. You haven't said how Matco took all of your life savings, or cut your route.
I guess we can all determine "guest" is doing very well as a Matco distributor since he has not complained once about his route.
Tom wrote - "Are we all liars? I guess we are"
Junior - I never used this word towards you. I have no clue what's happened to you and who you are. I respect the fact that you took it to court and had your case heard. That's the system.
I know Tommy and Tommy's case. He has not been completely honest. He caused his own demise. I have no respect for someone that bucks the system, fails, and then blames others.
My other issue here is flat out false claims like what Debbie just posted. It isn't even remotely possible that Translease paid a DM a kick-back. Matco#1 and I personally know the decision maker there and he would NEVER risk his business like that. And no Matco would never allow it either. Just a flat out lie.
Richard, what do you have, and are you close to the west coast?