Franchise Questions & Answers
What is the average salary of a franchise owner?
There are many unknowns and unique variables that go into a franchise owner salary, such as:
- Time you dedicate to the business
- Ability to manage the money you collect from customers
- How much you're able to sell
- Store inventory
- State tax policy
You'll be better able to determine your income once you have met with a Matco Tools Franchise expert. They will be able to provide you with the best possible income estimates for franchise owners in your area. Sign-up to learn more about our franchise.
How are my customers identified?
Matco Tools provides new franchise owners with a specific territory to cover and a list of at least 325 potential customers that they can call on in that area. Each territory is identified by the District Business Manager through surveys and customer interviews.
How do I qualify to become a Matco Tools Franchisee?
Completing the Matco Distributor application and submitting it for preliminary approval permits a detailed analysis of funding requirements, available financing options, and establishes franchise qualifications.
Once approved, you will meet with a Matco Representative to complete your personal business plan and budget. You will choose at least 2 current Matco Franchisees to meet with and learn about the mobile tool business. These events will help you to experience the business and learn about the earnings opportunity.
Will I be competing with other Matco Tools Franchisees?
No. Each Matco Tools Franchise has their own territory and Call List so you never have to worry about overlapping or competing with other mobile franchise owners.
Approximately how many miles is each territory?
That can vary from franchise to franchise. If your territory is located in the city, you may cover fewer miles as opposed to a franchise owner whose territory is located in a more rural area.
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