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
https://www.facebook.com/gearwrench
GEARWRENCH has a facebook page
post there
Sears, Home Depot, etc all sell Gearwrench
CHEAPER
Matco simply RE BRANDS tools and sells them for a higher price
Gearwrench - just buy it cheaper someplace else
Debbie
Dont forget the number of people who have lost their homes...
OR the number of people who took out second mortgages on their homes and are still paying for it after termination
OR the number of people who had to file bankruptcy
where did jd go anyway, he seems smarter than the average joe, definitely not a Franchisee
https://www.facebook.com/pages/Professional-Distributor-magazine/39275048498?ref=ts
Professional Dist magazine has a Facebook page too
post there!!
WHAT now JD???
What NOW truth???????
Can't argue - can you????????????
Well, it's better you don't, you really haven't stated a single viable argument.
That's OK. Not everybody can handle this.............
You all have stated multiple times, "the tool biz" isn't for everyone, some people just are not cut out to sell tools
Apparently, the "FACTS" are just a little too much for everyone.............
FACT - 36% SBA LOAN FAILURE RATE
FACT - 49% distributor franchise failure rate
FACT - Matco routinely sells NON VIABLE routes
FACT - Matco requires DBRs to perform warrantied repairs and in violation of LABOR LAWS does NOT compensate for the labor
Just for JD,
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IFA Convention to address veteran unemployment challenge
IFA SmartBrief | Feb 08, 2012
IFA will host U.S. veterans during its 52nd Annual Convention in Orlando, Fla., as part of Operation Enduring Opportunity, the franchise industry's campaign to hire as team members and recruit as franchise business owners 75,000 veterans and military spouses and 5,000 wounded warriors by 2014. U.S. veterans and military spouses will be invited to the first IFA VetFran Pavilion, which offers tools and solutions to match veterans with franchise opportunities. The Hero2Hired Mobile Job Store Truck will be in the pavilion, where franchisors can get free, direct access to qualified veteran candidates who already have background checks and security clearances and learn about tax credits of up to $9,600 per veteran hired. In advance of the convention, IFA members will take part in a one-day event Friday to rehabilitate a park honoring military veterans at the Orlando Health and Rehabilitation Center, one of Florida's largest nursing facilities and home to more than 50 veterans as well as 300 seniors and children. Veterans and military spouses can register here.
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Any DA can read it takes a real intelligent person to COMPREHEND!!!
But your right I found another kickback through the "Help Veteran's Own Franchises Act" as well.
Seems Matco might even make MORE money off Vets than the VOW offers!
Does JD need his binky?
Or do you still use your THUMB?
I think the IFA knows wtf they are talking about! DON'T YOU!!!
Just so you know IFA stands for International Franchise Association!
The IFA, led by Don Dwyer Sr., established the Vetfran program through our Government.
Vetfran is supposed to be a NON-PROFIT Organization and is (supposedly) not funded by the government.
But for some reason Vetfran was established.
My question is: If the government didn't fund them then who did?
Could it be the Franchiser who was creating the Vetfran Program to supposedly benefit our soldiers but gave him a direct line to soldiers who Mr. Dwyer needed for his Franchise Opportunities in "The Dwyer Group".?
Have I mentioned that "The Dwyer Group still exists and supports the IFA and Vetfran today!
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VetFran Committee Members:
Chairman - Lonnie Helgerson, CFE, Helgerson Franchise Group
Vice Chairman - Mary Thompson, CFE, President, Mr. Rooter
• Ron Berger, CEO, Figaro's Italian Pizza, Inc.
• Jerry Darnell, SVP, Strategic Development, Benetrends, Inc.
• Scott Denniston, President, Scott Group of Virginia
• Janice M. Dwyer, CFE, President, Luce, Smith and Scott, Inc.
• Marisa D. Faunce, Partner,Plave Koch PLC
• John Francis, PostNet Area Franchisee for Minnesota & Wisconsin
• Christine Galli, Executive Director, Technology in a Box
• Nancy Ghanem, President, NG Franchise Services, Inc.
• Herbert Greenberg, President & CEO, Caliper
• Chris P. Holman, COO & Director of Franchising, Advanced Maintenance
• Joe Lindenmayer, Presdient, TSS Photography, Inc.
• Mark Liston, CFE, VP Operations, Glass Doctor
• Chris Loudermilk, Military Development Officer, The Dwyer Group
• Bret Lowell, CFE, Partner, DLA Piper US LLP
• Thomas Macintosh, Partner, Krass Monroe, P.A.
• Andrew Perrin, Attorney, Larkin Hoffman Daly & Lindgren
• Michael H. Seid, CFE, Managing Dir., Michael H. Seid & Associates
• Jerrod Sessler, CEO, HomeTask Handyman Service, Inc.
• Chuck Southern, Corporate Liaison Officer, Center for Veterans Enterprise (ex officio)
• Christopher Warren, Director Franchise Network Relations, Valpak
• Marcea Weiss, Veteran Business Advocate, National Veteran Owned Business Association (NaVOBA)
• Steve White, President, Signs Now
IFA Staff Liaison, Miriam L. Brewer, Director Education and Diversity
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I don't see too many Franchise OWNERS representing an ORGANIZATION created to BENEFIT soldiers looking for careers in FRANCHISING do you?
Looks to me like most are Franchisers and people that might BENEFIT from getting a Veteran established into a FRANCHISE!!!
Janice Dwyer that name rings a BELL!!!!
Well, it sure didn't take long for the juvenile comments to be made, just because I pointed out the misrepresentations that a few have made. I could've used other terms rather than 'lost their franchise', but I didn't.
It's obvious to see that Debbie and Todd can't admit when they are wrong. Debbie puts the blame on the Jobs to Career website because the search terms she put in there came up with over 4k jobs and she assumed that they were all for Matco. Organized seems to understand what I was saying, so maybe he can explain it to her.
Todd, I hope that you are coaching your son's 5th grade basketball team with more tact than asking me if I need my binky or still use my thumb. Re-read your own post about the IFA. The IFA is talking about hiring and recruiting 75k to be both franchise owners and hiring them as team members. While this means that some of those will be recruited to be franchisees, others will be hired by frachisors and franchisees. Those franchisees and franchisors that hire veterans and have them on their payroll will be eligible for the tax credit, not franchisors that recruit franchisees.
The people that attack come out and try to attack me by saying that Matco is a bad franchise. Please tell me in my comment where I said that Matco was a good franchise?
Organized has it right, i'm not a franchisee and hadn't even heard of Matco prior to hearing about it here. I will however point out the bs that people put on here. If you really want to help out your credibility, you should think and comprehend prior to posting and when you are wrong, admit it.
Debbie, 'I would kindly ask you NOT YELL AT ME – turn off CAPS – it is poor Internet etiquette', since you kindly asked the same to Guest17.