Matco Tools Franchise Posts & Discussions Read our posts and the comments under each, and decide for yourself. Who is telling the truth about the Matco Tools Distributor Franchise Program? Yet, other long-time Matco Tools distributors are strongly defending the company and its practices ( MATCO TOOLS Franchise Defenders Speak Out) Our post MATCO TOOLS Franchise Complaints sparked more than 1000 spirited, often angry, comments in less than a month, an record. Once you get past the expensive and pervasive franchise hype, some alarming allegations about the Matco Tools franchise appear.Ī recently filed class action lawsuit alleges that Matco Tools and TD Bank conspired to fraudulently obtain SBA loans for franchisees they knew would likely fail.Ī report from law firm Marks & Klein alleges that 49% of Matco distributors are churned from the system each year, only to be replaced by new franchisee investors destined to meet a similar fate. But some Matco franchisees claim they’re getting the shaft Matco Tools claims to be one of the top 10 most popular franchises for military veterans. Matco Tools boasts that it is consistently ranked as one of the top franchise opportunities in the USA, that its recognized by Entrepreneuer Magazine as the #1 Tools Distribution Franchise and #19 overall in its Franchise 500 ranking. Matco Tools’ mobile tool franchise is aggressively advertised and heavily hyped on a national basis.
Matco Tools claims it’s the #1 tool franchise… Angry Matco Tools distributors claim it’s a calculated, unethical franchise scheme that profits from their failures. Matco Tools aggressively promotes its mobile distributor franchise as a great investment.
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