MATCO TOOLS Franchise Complaints
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 Posts & Discussions
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
Since I know Matco is watching!
Today is my Birthday and I was wondering if anyone in Stow, OH knew about a DM CONVENTION which took place in LAS VEGAS, NEVADA in which my route was used as a training tool in a SOUTHWEST REGIONAL meeting by that REGIONAL MANAGER (Tim Novak), who threatened a guys Franchise months before, on “How to use SpyWare (Google Map,MapQuest and MDBS) to steal customers from DISTRIBUTOR’S.
Please!!! Tell me I am just making SHIT UP! That I have no PROOF!
Come to think of it I heard that Jason Neil was a DM at this time too!
Jason! Can you confirm that you had DM training at a DM Convention in Las Vegas where GOOGLE MAP and MDBS were used to FRAUD a FRANCHISEE out of customers just for the sake of establishing a route enabling BONUSES to be paid in that REGION?
God FORBID this actually took place. Would make the company look like their Ad campaigns were FALSE when Tim Gilmore says “Unmatched SUPPORT”. More like “Unmatched Hostile Takeovers”.
***********BY THE ACTIVE JOBS POSTED ON CAREER BUILDER*********
557 ACTIVE JOBS HAVE BEEN FILLED SINCE 1/11/12
!!!!! 557 ACTIVE JOBS **FILLED** IN ONLY 8 SHORT DAYS !!!!
could this BE possible, or maybe just another LIE
the Tim Gilmore recruiting video WAS a LIE –
Matco pulled the video from You Tube!
Matco removed the faulty statistics
The FTC Prohibits Franchise Ads Masquerading as Job Ads – would they risk another LIE, would they risk violating FTC laws?
Debbie Solko
Matco Tools Distributor Association President
************HAPPY BIRTHDAY TODD****************
a POST TODAY on
https://www.facebook.com/pages/Matco-Tools-Distributor-Association/293379297348041?skip_nax_wizard=true
Louis…
i started to look at a dealership untill i talked to dearlers in sc,nc,pa,nj and last ny and all but one told me do not do it you will fail under the contract that is offered or forced on you i am so happy that i looked deep into all of it before it was to late. To anyone looking at doing this i will tell you thing use the dealer phone list that is given to you and call dealers to see what they have to say about how there doing and ask about the support that corporate poeple said would be there for you………what i found is once you get your truck and tools your on your own and thats why i did not move forward into the matco family……this is only my opinion i could be wrong??? dig deep before you leap!!!!
THE MESSAGE IS GETTING OUT, LIVES AND SAVINGS WON’T BE DESTROYED
Thank you,
Debbie Solko
Matco Tools Distributor Association President
Please Matco do NOT feel like you can now rest easy…..
Oh NO, my work is FAR from DONE
According to Hal, a CONSERVATIVE ESTIMATE, has 3,600 former angry Matco distributors out there
********a CONSERVATIVE estimate*******
AND, that does NOT take into account the POTENTIAL distributors! I really want to PREVENT the POTENTIAL distributor from ever signing away their life!
*****THANKFULLY*** SEVERAL HAVE ALREADY BEEN SAVED!!!
The word is getting out, the TRUTH is getting out,
…………let Freedom (and telephones) RING!!!!!!!!
Thank you,
Debbie Solko
Matco Tools Distributor Association President
Todd A. Peterson on January 19th, 2012 11:56 am
Since I know Matco is watching!
Today is my Birthday and I was wondering if anyone in Stow, OH knew about a DM CONVENTION which took place in LAS VEGAS, NEVADA in which my route was used as a training tool in a SOUTHWEST REGIONAL meeting by that REGIONAL MANAGER (Tim Novak), who threatened a guys Franchise months before, on “How to use SpyWare (Google Map,MapQuest and MDBS) to steal customers from DISTRIBUTOR’S.
Oh my gosh! Todd “How to use SpyWare”!!!!!!!!!!!!!!!!!!!!!! that MUST be ILLEGAL!!!!
Debbie Solko
Matco Tools Distributor Association President
Todd Peterson
What a phenominal f$ck$p that would be on the part of Matco. They used you as a case study then terminated you, or did they terminate you first then used you as a case study? Either way!!
I know for a fact that there are many ex/current Unhappy District Managers (new blog potential) and that many of them are starting to come forward. A few of these guys were in the room at that DM Convention.
You can forget about little ole’ Jason as he bleeds Matco red and doesn’t have the stones to step up and tell the truth, Matco told him to shut his yapper on the UF blog and he obeyed…maybe with a subpoena though
Jason, we can help you. Matco cant shut you up, you have a FREEDOM OF SPEECH, don’t be scared, call Jerry, we can help.
There is a distinct difference between feeling happy and being blessed. Me’s thinking that all you “disgruntled” distributors are neither. Sad for you. Hope you find what you are looking for. Kind of doubt it, though.
just to mlet all the people know.DEBBIE failed in her business, ! she worked 4 days a week, matco gave her more calls on her route as she asked.debbie complains to much windshield time, she picked that route, dont blame others.
just to mlet all the people know. There are many ex dbr’s current dbr’s and ex managers lurking here just reading & waiting to see how this all shakes out. In fact there is also a sidebet among some of us as to which current OBC dbr on this blog will be the next victim of the slice & dice & churn machine, and 100% of the smart money is on “matcoman”…so get ready there buddy boy you are on the cusp of termination
yea right you all see things that are not there. oh look up in yhr shy its a
looks like the obc got out of their debriefing and are allowed to post again. thats okay, everybody needs a little bs in their life.
it will be alright and that is what i believe. matco wants change , then its up to us to give it to them. can i get a hell yeah from the audience.
if the turn over is about 200 a year times an average $70,000.00 start up fee, that works out to be 14,000,000.00 on non feasible routes. this does not include the 15% restocking fee or the handling fees or the double shipping fees or all of the kickbacks from all the vendors or other companies involved.
thats just if it is only 200 a year, which increases by 70,000.00 for each individually added person.
so we get duped into thinking that the npa is based off of approximately 1500 dbrs when there is no such thing. kinda sucks huh.
its all in how you market the numbers, just like in the videos that keep changing.
the one number that wont change though will be the final settlement. ouch, thats gonna hurt.
Richard
The NPA has always been a closely guarded secret however I think you are on the right track as to why the NPA is wildly inflated.
I believe that NPA is finally going to be challenged her shortly…legally
Dear Matco,
May I please see some documentation of these Active Job Openings?? Because, “The FTC Prohibits Franchise Ads Masquerading as Job Ads ”
***********BY THE ACTIVE JOBS POSTED ON CAREER BUILDER*********
557 ACTIVE JOBS HAVE BEEN FILLED SINCE 1/11/12
!!!!! 557 ACTIVE JOBS **FILLED** IN ONLY 8 SHORT DAYS !!!!
could this BE possible, or maybe just another LIE
Seems when I TOLD YOU TIM GILMORE was lying – you listened and took down the misleading and completely lying video……… thank you
(You cannot however; UNRING the bell………., you cannot erase my copy)
SO, since I’ve pointed out on several occasions
The FTC Prohibits Franchise Ads Masquerading as Job Ads – YOUR ACTIVE JOB POSTING ON CAREER BUILDER
HAVE BEEN CHANGING AT A PACE FASTER THAN CLARK KENT TURNS INTO SUPERMAN
just curious if you have any explanation??
………disgruntled
…………….neither happy nor blessed
………………….failed
………………………….sad
…………………………………..complains
………………………………………………..blames others
Welcome to the Family of Matco Tools! You, too, can feel World Class Support like this. Heck, all THIS love was just from the past couple hours!!!!!!!!!!!!!!!!
Debbie Solko
Matco Tools Distributor Association President
*************HELL YEAH!!!!!!!!!!!!!! THERE WILL BE CHANGE******************
It would almost be funny, if it weren’t so sad……………..
………..some show up to this battle of wits, completely unarmed
Petty, childish, moronic name calling is a
desperate defense
organized
thank you for your comment. there are going to be a whole lot of closely guarded secrets that will come out. i would only hope that some of those with all the information would step up and help to make things right. there are alot of people and families being ruined because of greed to a select few.
there are many people at matco that just turn their heads to what is going on just because it is a job and they dont know if they can find another one. its just getting some with the intestinal fortitude and proper morals to step up and help to right the wrongs.
there is so much bs in the world today, not just at matco.
there needs to be jail time for taking advantage of people and their finances to line their own pockets.
some people have never had to work hard to make a living and they look down on others as stupid or lazy or worthless or any word meaning less to them when in all those are the very people that helped them to get where they are today.
i will say that most and not all have stepped on alot of people to get where they are today and they forget who put them there, the underdogs did. does someone want to argue that point. to do so would mean that you would have to be completely honest and i dont think that too many would want to risk what they have by doing that.
any takers, im ready. just be prepared to prove what i ask publicly.
***********************FYI******************
In my Franchise Documents Matco Tools gave me, and gives to all prospective and new distributors the phone number list of all active and terminated distributors.
In Matco Tools OWN propaganda they ENCOURAGE prospective distributors to CALL anyone and everyone on these lists.
For those that did not like getting a call………………
…………………….don’t tell me
………………………………TELL MATCO
After all, MATCO TOOLS TOLD ME TO CALL
Mr. Turrieta,
You seem to be quite the devoted Matco Distributor. I commend you for that. I also see that you seem to be very in tune with Professional Tool & Equipment News magizine. That must have been part of your agreement when you jumped ship from Mac to Matco. ip from Mac to Matco HUH?
i wonder if my name was on that list
i have an email that was sent out to a prospective dbr of who he could call. i was listed but my numbers had been change to a successful dbr. been in business for over 3 years but you dont know my phone number.
you know it when money is involved……. hello matco
the stupid part was that i knew the guy and that turned him off because he saw from the start that he was being lied to.
KARMA, its a bitch , get you some.
http://www.entrepreneur.com/franchises/matcotools/282564-0.html
Franchise Units
YEAR U.S.
2011 1,384
2010 1,397
2009 1,452
2008 1,448
I wonder how a Franchise that diminishes in growth year after year can possibly tell prospective distributors that THEY can expect 10% growth year after year??
Debbie Solko
Matco Tools Distributor Association President
ON Matco Tools HOME PAGE
http://www.matcotools.com/franchise/applynow.jsp
THEIR BANNER AD STATES
Entrepreneur’s Franchise 500 Ranked #1 in Category 2012
**************LIE***********************
PROOF
Franchise 500 http://www.entrepreneur.com/franchise500/index.html
Lists categories as:
Homebased *********RANKED NUMBER 4*********
Low Cost —-didn’t make top 10
Top New —-didn’t make top 10
Fastest Growing —-didn’t make top 10
Top Global —-didn’t make top 10
\
Top 10 Home-Based Franchises for 2012
RANK FRANCHISE NAME
1 Servpro
2 Stratus Building Solutions
3 Jazzercise Inc.
4 Matco Tools
5 Snap-on Tools
6 CleanNet USA Inc.
7 System4
8 Vanguard Cleaning Systems
9 ServiceMaster Clean
10 Cruise Planners/American Express
Debbie Solko
Matco Tools Distributor Association President
All is a week’s work…………
*Called all active distributors to let them know of the existence of the Matco Tools Distributor Association – as encouraged my Matco Tools FDD
* Caught Matco in yet another lie,
Entrepreneur’s Franchise 500 Ranked #1 in Category 2012, NOT!!
MATCO TOOLS IS RANKED #4 IN HOME BASED FRANCHISE
* Caught Matco in yet another lie,
http://www.matcotools.com/franchise/available/availablefranchises.jsp?state=MI Matco’s site shows available franchises as 248 –
Career Builder shows
515 ACTIVE JOBS today,
747 ACTIVE JOBS on 1/17/12,
and 1072 job postings 1/11/12
*Showed that Matco Tool franchises are declining in number and have done so every year since at least 2008
The word is getting out, the TRUTH is getting out,…………let Freedom (and telephones) RING!!!!!!!!
*****THANKFULLY*** SEVERAL HAVE ALREADY BEEN SAVED!!!
Thank you!
Debbie Solko
Matco Tools Distributor Association President
As of this morning, matco has 748 jobs on http://www.careerbuilder.com. They went from 515 yesterday to 748 today.
Could they have terminated 233 in one day or are they looking to split routes and add more people, which means cutting territory and cutting headcount.
Once again, matco breaks the law by posting franchise opportunities on a job site, franchises are businessess for sale, not job opportunities, section 5 of the federal trade commission, states you can not post businessess for sale on job sites. We all need to call the ftc and log another complaint.
What doe Frank Dicaudo do for matco, anything, or just draws a paycheck?
HERES ANOTHER FTC VIOLATION AS OF YESTERDAY;
Job type: Full-Time
consider being a Matco Tool Distributor (Outside Sales Rep and Franchise Business Owner.) You put tools and … ability to drive a larger…
View full job description PA – York Yesterday
What the Hell?
http://www.matcotools.com/franchise/available/availablefranchises.jsp?state=MI Matco’s site shows available franchises as 248 –
Career Builder shows
515 ACTIVE JOBS Yesterday
747 ACTIVE JOBS on 1/17/12,
and 1072 job postings 1/11/12
748 job postings today??
Matco’s OWN site ONLY shows 248 available franchises
The FTC should be all over them!
Matco shows blatant disregard for the LAW!
http://www.jobs.net/jobs/matcotools-franchise/search/automotive-and-outside-sales-jobs/ST7L5NR76MY8JKTFXLTP/
http://www.jobs.net/jobs/matcotools-franchise/all-jobs/
This is what is listed on MATCO TOOLS OWN WEBSITE
They have the same jobs listed as JOBS ON ONE PAGE AND THEN FRANCHISES ON ANOTHER PAGE
THIS IS A JOB SITE
http://www.jobs.net/jobs/matcotools-franchise/all-jobs/category/automotive/
Jobs 421
the MOST MISLEADING………….
ALL OF THE BELOW “JOBS” COME BACK
AS DISTRIBUTORS – FRANCHISEES
EVERY ONE OF THESE CATEGORIES IS
REALLY THE “SAME”
THEY *ALL* ARE ADVERTISING FOR
A FRANCHISE
Matco Tools is USING this JOB SITE
to sell FRANCHISES!
Account Executive Jobs
Account Manager Jobs
Auto Mechanic Jobs
Auto Technician Jobs
Automotive Technician Jobs
Customer Service Technician Jobs
Inside Sales Jobs
Inside Sales Representative Jobs
Lube Technician Jobs
Mechanic Jobs
Outside Sales Jobs
Outside Sales Representative Jobs
Sales Representative Jobs
Service Technician Jobs
All Automotive Jobs
*MATCO TOOLS IS MASCARAING FRANCHISEES AS “LUBE TECHS”, “MECHANICS” AND EVERY OTHER *FALSE* JOB TITLE LISTED ABOVE
Dear Matco, can you please explain???
Thank you,
Debbie Solko
Matco Tools Distributor Association President
TOO many distributors are having an impossible time paying their TOOL BILL
. Too many distributors are finding it impossible to meet the
National Purchase Average.
The legality of the NPA IS being challenged in court.
TOO many DBRs are finding Matco’s prices TOO high however; are restricted from buying elsewhere.
THESE ARE VALID ISSUES!
The success of some distributors does NOT automatically deem them superior
NOR does the failure of some distributors automatically find them at fault.
There are REAL reasons distributors fail –
Hard Working, Dedicated, Invested, Honest
distributors fail because the current system
does NOT ALLOW THEM TO SUCCEED.
Debbie Solko
Matco Tools Distributor Association President
…………….ah the VENOM is spewing forth today
……………………by lunch time today I was called
…………………………..a PMS ing bitch
…………………………………full of shit
………………………………………..i can shove it up my ass
………………………………………………….i will sue YOUR ass
…………………………………………………………….bull shit
……………………………………………………………………….nobody cares
see for yourself – and this was just ONE post…..
https://www.facebook.com/pages/Matco-Tools-Distributor-Association/293379297348041?skip_nax_wizard=true
*****************FAMILY COMPANY WITH WORLD CLASS SUPPORT**********
Debbie Solko
Matco Tools Distributor Association President
POST ON FB “Just a little piece of advice before you continue to make yourself look even more ignorant. The number one ranking is in the home based tool franchise category not just home based franchise.”
Matco Tools Distributor Association REPLY- That is a made up category, and there are only two tool franchisees…………
POST ON FB ” No there are four so what if it is a made up category they are number one in tool franchises are they not?
Oh and one other thing you are not a perspective distributor so don’t call me again I am too busy to listen to that shit while I’m helping my customers. Also if you want any credibility don’t block the number to trick people to answer.”
So the reasoning is “so what if it is a made up category they are number one in tool franchises are they not?” SO WHAT ???
…………………………….maybe “shit” is a made up insult too??
FROM THE http://WWW.LADYMATCO.COM
MATCO DISTRIBUTOR ASSOCIATION PAGE:
Disgusted Distributor said: January 20th, 2012 2:03 pm
I’ve watched your videos, read your comments, and agree with most all of what you say. I’m curiuos though what your goal is in hosting this conference? It sounds like you want Matco to fix these issues, and if they do you’ll be back in the game? (NOT A CHANCE IN HELL – I’VE HAD ENOUGH OF THE ‘FAMILY’)
To all the guys like Dale who say you and folks like you are just looking for someone to blame for your failure – Really? Have you guys looked at the numbers?
Is that the best comment you can come up with? Are you sure you dont want to say something about the size of her truck? Maybe some other sophmoric phallic reference?
Grow up.
. If you are succeeding, good for you.
But you are the minority.
Yes she failed. She failed to do her due diligence up front and uncover the fraud.
.So did I. Once I figured out the scam, I dropped this gig like a bad habit, and moved on with my life. I’m now back in my old career making more money than the top distributor could even dream of. I have a normal life again, and thank God for it.
One other thing I’ll say is that though Matco is guilty of some serious recruiting scams and business practices, I think every one of these tool companies are having similar issues.
Why? Because the business model as a whole is flawed, for more reasons than are practical to cover here. It has failed to keep up with the times. Think not? I have some Kodak shares I’ll sell to you – cheap. If you’re considering a tool franchise, I hope you’re a lucky sort. You’re gonna need a lot of it.
………….If you are not part of the SOLUTION…………….
………………..then you ARE part of the problem!
“somebody” had to step up and have the COURAGE to
fight the big bad corporation……………..
…………………what? does it say – that a WOMAN did?
………………ANOTHER ONE SAVED!!!!!!!!!!!!!!!!!!!
…………………… FROM FB_ Thanks to you and many others that got the info out there to warn people about them
people ask what is trying to be done here and if it was fixed would we go back, not.
its not about the job its the practice.
we would just love to have our money that we have invested, lots of.
good credit that we had before we got into all this.
reputation, we are not failures as so many say.
some have lost families from all this, that cannot be replaced.
i have learned that when people screw you and you catch them and confront them then they just fix that and look for another way. so hell no i wouldnt go back to work for them.
the whole job market is about only a few making the good money while all the others work their ass off. advance auto store managers get bonuses for keeping their salary costs down. i am not going to work for someone thats gets a bonus for not giving me a raise that i deserve.
those of you here that have lost nothing are lucky. you better just watch your ass because when all the failures are gone ther wont be anyone else left to go after but you. so who will be first…….waiting……. waiting……..
So, my husband walks in and I tell him about the message I just received.
I personally know of 5 potential distributors that decided AGAINTS
becoming a distributor!
Judging by the results of people READING Facebook, Unhappy Franchisee,
and LadyMatco
YOU CAN BET THERE HAVE BEEN AT LEAST 50
THAT HAVE DECIDED AGAINTS BECOMING DBRs
So, a little CONSERVATIVE MATH
50 DBRs times $70,000 initial investment = $3,500,000
THREE MILLION FIVE HUNDRED THOUSAND DOLLARS
CONSERVATIVE ESTIMATE ON SALES OVER TWO YEARS
………..If one distributor SELLS $500,000 over the course of two years………..
……………………and Matco’s margin is 50%
……………………………….that ONE distributor MADE Matco $250,000 in two years
………………..IF MATCO IS MISSING OUT ON 50 DISTRIBUTORS SELLING
$500,000 IN TWO YEARS
……………………………..MATCO IS MISSING OUT ON $25,000,000
TWENTY FIVE MILLION DOLLARS IN SALES
………… …MATCO IS MISSING OUT ON $12,500,000
TWELVE MILLION FIVE HUNDRED DOLLARS IN MARGIN
****CONSERVATIVE ESTIMATE****
I am not a matco distributor, i am looking at becoming one. Came to this website to hopefully get some insight and answers. unfortunately what i have found is name calling and gibberish. Who cares where matco lists jobsites, what does it matter in the long run. The only person so far that has a legitimate gripe, and i have read the entire post, is todd. Todd even by your own admission you fell below the npa for a time.
Everything that the complaints are about are all things that are listed in the FDD at least the one that this website has posted. I have watched all the videos, and yes mr gilmores video did change. The fact of the matter is that report did exist, i studied in college in 1987. Obviously recent is a relative term. That was the problem with the entire report, very subjective,was not based on imperical data. The bottom line is you purchased the right to use a name, purchase at a discounted price from retail and that is basically it. I have owned my own business before, so i know all the homework and hours that have to be done. I also had a failed business, mine was expanding at the wrong time.
using all of my cash to double the size of my fleet and the 6 months later fuel prices doubled. Under the belief shown here i should file a lawsuit against the oil companies, or perhaps every country in the middle east. Everyone has to take responsibility for themselves, if you think a big corporation is going to be looking out for you even if you are one of their distributors then you need a lesson in business. The only thing that matters to a corporation is the DOLLAR. If they have to be nice to customer to get that then they will.If they could show their true sides and still make a buck then you would see many more sites for angry people.
I just read recently the best places to work article. If those companies could get the same quality people and productivity without the perks, then they would not have the perks. They have learned to earn more you have to spend a little.
good luck to you david, because there is alot of truth here. everybody does not put everything here because this is not the place to debate it or let matco know exactly what cards you are holding and what proof you have.
if you get lucky and get a good route then you will truly be lucky. matco usually subdivides the routes so as to only sustain the 325 in the beginning.
the usual rule of thumb here is you will get one in 5 of those customers.
everything that can be bought at matco can be found elsewhere a lot cheaper and is exactly the same product. you will usually pay more for it yourself from matco than your customer can getting it from somewhere else. thats hard to compete with.
anyway good luck, you are going to need it.
check out the matco tool website and compare it to other tool websites, your customers will. its the same product with the wrapper changed. and the price increased. been there done that.
David,
I know these posts can seem like a turn off but read between the lines. Matco Tools and TD Bank are being accused of FDA loan scam. That to me does concern me on two levels. The first is, this is how my tax dollars are being spent? The second is if the franchise is such a great money maker for the franchisee then why do the numbers have to be changed? I understand it is your own business but what if your investment and newly assigned territory is setup too fail at the very beginning? If you are considering getting involved in a Matco truck you should consider your options.
David,
Also keep in mind Snap On has sow great products. If you have a strong snap on dealer you will struggle making sales. Most customers around 75% of them rather buy snap on products then any of the other brands. This is a fact because the survey with done with an outside company that surveyed like thousands of random techs. Just so you know the average snap on dealer averages $7500 a week in paid sales. Most know are over 10k. Richard is right. A lot of Matco products are sold in other stores with another name on the label for a lot less. I would strongly consider doing something different. I would maybe call snap on. They usually don’t have many routes available but a much better company to be a part of.
SO David:
Your excuse that “fuel costs” put you out of business while you were “expanding” at the wrong time is a seriously flawed comparison to a “Franchise Business Model” that claims and promotes “World Class Support” while taking 200-300 distributors per year out of business…But hey, Matco will take your money. Come and get your World Class Support
BTW just a friendly reminder, you really have no clue what you are getting yourself into with the tool business
failed business because1.4 day work week 2,blame others when donot do well, ei when dm rides with me sales drop.3, tell custumers how bad matco is ,maybe get sympothy,4 says tech have no money, (here that everyday). come on take the blame for yourself, and now you say your making more money then top dbrs,yea right, who are you foolin, your lawyer,
Welcome, all the new people here tonite, look at the number of failed people,not the name calling, the number of people that have failed is huge, everyone has blame to share, but you do not own your business, you are controlled by matco.
They have a select few who get premium routes with good head count, other come into failed territories and are gone by next week.
THE FRANCHISE AGREEMENT IS FLAWED AND NEEDS TO BE CHANGED.
THE WAY MATCO TREATS DISTRIBUTORS NEEDS TO BE CHANGED.
SBA Loan Fraud is real and a Federal Offense
Distributor Churning is real and it is illegal
The FTC Prohibits Franchise Ads Masquerading as Job Ads ” therefore it DOES matter ‘where’ these fictitious “jobs” are advertised
it IS FRAUDULENT to promote a franchise opportunity based on lies
There can be no claim that a distributor can grow his business by 10% every year if the franchise units are on a steady decline.
You cannot promote your franchise as Number One in your category……..
when YOUR CATEGORY doesn’t exist………yes that matters too
I’ve been the NUMBER ONE FEMALE DISTRIBUTOR IN COLORADO FOR THE LAST TWO YEARS!!!!!!!!! – as with the prior statement, ‘meaningless’ as
I am the ONLY female distributor in Colorado
PRINCIPLES ARE IMPORTANT AND THEY MATTER
of course they go hand in hand with integrity………………..
It doesn’t matter when you devote 60-70 hours a week to your business – because there will be those that can only tunnel vision the number of days you drive………… the FACT that you OVERNIGHT IN A HOTEL is forgotten
It is MUCH EASIER for some to repeat the same droning whines instead of accepting FACTS
It is easier for anonymous posts to suddenly appear claiming they now have an interest and their opinion and assessment magically lends clarity because the REAL VICTIMS the distributors that have been terminated, divorced, and left bankrupt………… clearly don’t have a clue
Of course we always have the OBC shills that spout insults because they lack the possession of facts ………..or apparently a dictionary or a spell check
I wish you all a happy weekend
Debbie Solko
Matco Tools Distributor Association President
I have been in contact with many former and current distributors, some old contract most of them Franchisee’s and here are some actual comments and common themes I keep hearing:
“Cool tools and stuff, rotten company…is this off the record?”
“I give them all my money but get to keep my dignity for now”
“No, it did not end well”
“I had perfect credit”
“Glad to get that miserable monkey off my back, always in dept-always broke, always working my a$$ off”
“I owe my soul to the company Stow”
“Been waiting for tool credits from my district manager…for 2 years now”
“Vacation? What vacation, Expo is not a vacation”
“My manager conveniently lost over $2000 worth of tool credit sheets…twice” (that was me)
“Constantly chasing that tool bill”
“Easy to sell, real tough to collect my money”
“It was my fault…I believed in the company”
“Love selling tools, love my customers, hate management”
“I left busted disgusted and deep in debt”
“Matco ruined my credit over a mere $700.00”
“Tools are too damn expensive to sell”
“WTF happened to Redback and WTF is this China crap”
Any of you guys out there lurking feel free to ad your comments
.. ……SOME (really just a FEW of the MANY)
actual comments and common themes I keep hearing
* ************EXACTLY!!!!!!!!!!!!!!!!
the SAME comments are heard over and over and over again!!!!!!!!!!!!!!!
This FAR from “a lone disgruntled distributor”…………..
.. …………..oh NO! –
MATCO LISTEN UP!!!!!!
Can anyone please explain this??
………In one odious breath THEY definitively state that
“nobody is listening”
“nobody gives a shit”
“nobody cares”
AND YET IN THEIR NEXT DESPERATE GASP THEY CRY:
“how dare I hurt so many hard working good people”
just curious??
WHY DO THEY CARE WHAT I SAY?
….after all, ‘nobody’ is listening………
Debbie Solko
I do not see any of those comments anywhere on this blog lately…are these COWARDS now sending you all these statements behind the scenes thru your personal email or your website or something??
matco isthe best, they help me when i call, my dm is always there when i need him, i could not ask for a better partner in my business, i work 5 days a week, my tech all respect me ,there must be some mistake elsewhere, becuse its great here.