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
OBC club , slandering again, they are really concerned about losing their franchise, they want to dilut the conversation here.
The defenders site is gone, why, because no one cares about Matco. Their must not have been any supporters.
M- MATCO
D- DISTRIBUTORS
A- AGAINST
C- CORPORATE
more and more people are against matco.
you OBC guys never address the questions to you.
What does matco manufacture? What is that sells your tools? Matco or you?
Who's going to carry your legacy on? matco over the internet probably. Thats how I do my matco warranty :)
So more on the tutorial by MATCO#1 on what to consider before signing up as a Matco Tools distributor.
MATCO#1 writes "You can’t do better than #1 … and that’s just what Matco Tools has done again. We’re consistently ranked the #1 tool franchise by trusted Entrepreneur Magazine."
In my last comment, I just showed that MATCO#1 is wrong about not doing better than #1, as there are 18 franchises Entrepreneur ranks higher than Matco.
As to the "#1" ranking Matco blasts everywhere as its main selling point, it's #1 of only 2 tool franchises who submitted info for the ranking. Even of those two, some years Matco is ranked #1 and some years Snap-On is ranked #1. Big deal.
The Entrepreneur ranking is not only meaningless, its silly, embarrassing even, that a big company like this wouldn't have a better claim to fame than a ranking that guarantees a top 2 position just for showing up!
MATCO#1 and Matco's cries of "we're #1" reek of desperation and a lack of a real, non-deceptive & valid selling point.
Sure, there are other mobile tools franchises you can choose from: Snap-on, Cornwell, Mac Tools. But aren't they all structured pretty much the same?
Don't all their franchisees have the same complaints?
Can't their franchisees all be terminated for not maintaining minimum tool purchases?
Can't Snap-on, Cornwell, Mac Tools franchisors terminate their franchisees and resell to someone new and rake in a new initial tool purchase, new finance charges, new truck lease?
So if you read the comments by MATCO#1 and the others trying to cover up HUGE problems with smoke, mirrors and laughable franchise rankings, you'll realize that the REAL question is not:
"Which is the best tool franchise?" but
"Why buy a mobile tool franchise at all?"
you will never know who created this site and who's running it, possibly me, makes you wonder.
Geez, defenders, we need to find out about this site, its bothering me to not know , who's running this page.
Obc club, matco wants to know who's running this site, can you please find out?
OBC club, have you found emplyment yet?
Just think guys and gals, we had these people supposedly watching our backs, a bunch of back stabbers.
Guest 17, you forgot one important piece, guest would have to have a business for it to be in a magazine...guest son had a business but failed, guest bailed him out though....that's what fathers are for.
Tommy company called "idea farm", but appears to be recruitment for marks and Klein, I don't really care, I know one thing there is no way in the world it's you...
Guest where were you a Matco distributor?
Guest, the answer to your gibberish regarding hampton hotels and mcdonalds u am guessing comes down to money. Most people that come into business with Matco don't have a million in the bank to drop on a mcdonalds. This just further proves you have no idea about anything regarding owning a business....heck why not just buy a major league baseball team what are these guys thinking just settling for a tool franchise.
Tommy nobody was watching your back, according to junior everybody was laughing behind you back...nope take that back, junior said at you, not behind your back
Hello! Will someone with a brain answer a Question?
So, if a Distributor only works 3 days a week and has less than $18,000 in Matco inventory. Will Matco let him sell his Franchise?