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
Todd. 18k is not inventory. 3 days a week makes unhappy customers. So what bidoness does he have to sell?
MATCO#1 wrote "MATCO Tools is rated #1 in mobile tools. Matci tools is #1 out of 4 franchises now,"
WRONG. Only 2 submitted info to Entrepreneur.
MATCO#1 wrote: "who knows where mac and Cornwell are they difnt finish in top 500."
WRONG. If they had submitted info but finished outside the 500 they would be listed as "not ranked"
This guy is so wrong so fast, I can't correct him fast enough.
Tommy you are an idiot, kevins been in business 22 years and has 2 trucks I put my money on him being ok
You see Matco#1
I was allowed to buy a franchise from a distributor who needed $18,000 as a break even with Matco. He didn't even get anywhere near that for his inventory.
You ask why did you buy his route?
Well like I said before I didn't want that piece of crap Isuzu. Matco had no other option for a truck that is what start-up franchises got . I am sure that was the most profitable for Matco.
Fayetteville Route was where I was originally supposed to go! The down side of it would be it hadn't seen a Matco Distributor in like 8 Years or more. Techs hated that guy too. Remember I was a tech. I also, lived in this area most my life.
So,wanting to be my own boss, not wanting an Isuzu Truck and having established accounts is what led me to Gary Hagars route. He may have only been running it three days but at least who he was servicing liked him and bought tools from him. That Fayetteville route might have worked out for me but it would have taken a lot longer DUE to it not having a Distributor in over 8 years or more. At least I never saw a truck!
Nope guest you are wrong. And apparently bored as you have never had a Matco franchise or know anything about the tool business.
But for shits and giggles let's say both Mac and Cornwell didn't submit, do you think either would be ranked higher than Matco or snap on....ummm I am going to put your paycheck on NO!
Tommy if Matco1 called the numbers you would be running him instead of the currant situation of him running you.
MATCO#1 wrote: "shake and bake todd!"
Jeez, now I feel kind of guilty exposing him so thoroughly and mercilessly.
I remember Debbie quoting William Shakespeare. The best MATCO#1 can do is quote Ricky Bobby?
Former since you only sell 2400 a week I am not sure any vp of any company can afford to give you the time of day, let alone a debate.
now,now, no name calling, are you getting upset, I dont care how long he has been in business, what about the guy here in ft walton beach, was in business 24 years, had a heart attack and back surgery,dedicated tool man, and now matco kicked him out. What is you response to that?
Do you honestly think they care about how much time you have been a distributor? Hell no, time dosen't matter, you are disposable. It's only a matter of time, you will see.
YOU ARE ONLY A NUMBER WITH THEM.
All this to say that Matco sold me a NON-VIABLE Franchise from day one and knew it!