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
Guest.... I think I am off probation and as long as I state facts and you state facts then I can prove you and Tommy dont use facts and aleays avoid answering questions. remember I am in the business, besides a signature you were never so it's easy for me, for you it's a struggle.
Now I have a question, to the failed, the failing, and even the successful that are around. Mostly to the failed and failing though. How can you spend so much time on this website posting rather than running your business? If you blame Matco for you being under the 80% do you think you could make some sort of change by not spending so much time online?
Or rather than posting questions for other angry people to answer that supports your view look it up in your paperwork, or call and ask the people that really know the answer?
Relentless how many technicians have you heard say this, man I am tired of turning wrenches". Answer a lot 90% of new starts are ex technicians.
Anon how is your day going? You selling some stuff today? Been a killer tp day today, no boxes yet this week.
Whoa hold on, "guest" TP are accounts that customers owe you money for, they don't owe Matco, you will not be charged back, you just need to make sure you show up everyweek to collect, its basically a tool guys paycheck, I believe the fdd mentions this, sorry Anon got distracted.
I sit behind a desk all day, I have plenty of time to blog, talk bad about matco, and talk to obama, by the way I am always in contact with Jerry. I have sent garage journal an e-mail, so hopefully I will be able to save a technician's livelihood. I will also be e-mailing all the tech sites.
No matco#1 its been a great tp sales day. No boxes but who cares when your at 2k with shops to go. This site just fires me up to sell more.
"Debbie,
Read your FDD, it contains the answers to what happens when you fail.
no, just tells me I will be charged back
NO MENTION OF WHAT HAPPENS AS FAR AS THE CUSTOMER IS CONCERNED ,
DOES HE GET A LETTER - IS HE TOLD TO PAY THE DISTRIBUTOR
Thankfully, Tom gave me some insight
I KNEW THEY HAD TO BE DOUBLE DIPPING
and................. wow, hard as it IS - (and maybe as STUPID as it is - I'm STILL trying
to stay alive in this game)
so, when was my LAST - oh Hell I'm still writing them
WHY am I so worried??? GEEZ - read the posts - I can already feel the boot print on my butt!!!!!!!! ONLY a matter of time - and it will come for me
it will come for you
it comes around for EVERYBODY
THAT IS THE REASON FOR THIS SITE - SYSTEMATIC FRAUD - MATCO NEEDS TO BE HELD ACCOUNTABLE
No that would be systematic culling of the lower echelon. Trying to improve service.
Debbie,
winners never quit
quitters never win
attitude is everything
So dont worry about ramifacations of failure until you fail
or you are doomed to fail
theres 2100 in tp Matco#1