Top 100 Franchises
2016
In the more than 65 years that Mac Tools has been serving technicians, they have built one of the world's most recognized and trusted brands in the professional automotive industry. As a division of The Stanley Works, Mac Tools can offer the advantages of being part of an S&P; 500 company, while also providing the personalized customer service of a smaller company. It is the best of both worlds…and with their Customers For Life program, they are ready to prove to you that joining the Mac Tools family is something that will be a win-win for you and for the technicians you will support. Today, Mac Tools has a product line in excess of 42,000 items, and still uses the direct sales approach with a mobile sales force of distributors. The Mac Tools philosophy of excellent quality, price and service remains unchanged over the years, and the company spirit that made them successful in 1938, is the same spirit that makes them a leader in the automotive tool and equipment business today.
| Year | Franchised | Change | Company-Owned | Change | Total | Change |
|---|---|---|---|---|---|---|
| 2013 | 410 | 69.42% | 6 | 0.0% | 416 | 67.74% |
| 2012 | 242 | -- | 6 | -- | 248 | -- |
Investment Required
| (no required investments data found) |
Ongoing Expenses
Mac Tools franchisees pay an annual fee of $900, occasional advertising fees, and monthly insurance fees of either $340 or $2,040, among other fees. Every week, franchisees are responsible for on-going purchases of products to replenish their tool inventory.
What You Get: Training and Support
Approximately one week prior to the start of Mac Tools' initial training program, franchisees may be permitted to participate in a "Mentor Ride," during which the franchise candidate accompanies an existing Mac Tools franchisee or distributor on their daily route. The "Mentor Ride" lasts approximately five business days and is a terrific opportunity to experience life on the job and observe day-to-day operations firsthand. The Mac Tools initial training program includes five days of classroom training, or "Tool School," held in Columbus, OH. The extensive training covers such topics as Mac Tools policy, sales, business management, collection and operating procedures, training in merchandising and product knowledge, bookkeeping, inventory control, and tool repair. The program also involves up to 80 hours of on-the-job training at a Mac Tools location near you.
Territory
Mac Tools does not grant exclusive territories.
Note: The tables and information regarding the number of operating units, investment required, ongoing expenses, training and territory grants were taken from the company's 2015 FDD.
2014
In the more than 65 years that Mac Tools has been serving technicians, they have built one of the world's most recognized and trusted brands in the professional automotive industry. As a division of The Stanley Works, Mac Tools can offer the advantages of being part of an S&P; 500 company, while also providing the personalized customer service of a smaller company. It is the best of both worlds…and with their Customers For Life program, they are ready to prove to you that joining the Mac Tools family is something that will be a win-win for you and for the technicians you will support. Today, Mac Tools has a product line in excess of 42,000 items, and still uses the direct sales approach with a mobile sales force of distributors. The Mac Tools philosophy of excellent quality, price and service remains unchanged over the years, and the company spirit that made them successful in 1938, is the same spirit that makes them a leader in the automotive tool and equipment business today.
| Year | Franchised | Change | Company-Owned | Change | Total | Change |
|---|---|---|---|---|---|---|
| 2012 | 242 | 1244.44% | 6 | 20.0% | 248 | 978.26% |
| 2011 | 18 | 157.14% | 5 | 66.67% | 23 | 130.0% |
| 2010 | 7 | -- | 3 | -- | 10 | -- |
Investment Required
The initial franchise fee for a Mac Tools franchise is $3,000. The Initial Starter Inventory tools package will cost up to $50,000 (or up to $40,000 for qualified veterans). Mac Tools provides the following range of investments required to open your initial franchise. The range assumes that all items are paid for in cash. To the extent that you choose to finance any of these expense items, your front-end investment could be substantially reduced.
| Item | Established Low Range | Established High Range |
|---|---|---|
| Initial Franchise Fee | $3,000 | $3,000 |
| Annual Fee | $900 | $900 |
| Travel and Living Expenses While Training | $1,100 | $1,500 |
| Initial Starter Inventory | $40,000 | $50,000 |
| Vehicle Purchase or Lease | $10,000 | $120,000 |
| Vehicle Painting and Decal Application Expenses | $0 | $8,640 |
| Equipment | $0 | $1,500 |
| Payment Processing Services | $100 | $225 |
| Professional Fees | $850 | $1,800 |
| Insurance | $340 | $2,040 |
| Uniforms | $200 | $200 |
| Advertising Associated With Commencement of Business | $50 | $250 |
| Additional Funds (3-6 Months) | $18,000 | $50,000 |
| Total Initial Investment | $76,290 | $240,305 |
Ongoing Expenses
Mac Tools franchisees pay an annual fee of $900, occasional advertising fees, and monthly insurance fees of either $340 or $2,040, among other fees. Every week, franchisees are responsible for on-going purchases of products to replenish their tool inventory.
What You Get: Training and Support
Approximately one week prior to the start of Mac Tools' initial training program, franchisees may be permitted to participate in a "Mentor Ride," during which the franchise candidate accompanies an existing Mac Tools franchisee or distributor on their daily route. The "Mentor Ride" lasts approximately five business days and is a terrific opportunity to experience life on the job and observe day-to-day operations firsthand. The Mac Tools initial training program includes five days of classroom training, or "Tool School," held in Columbus, OH. The extensive training covers such topics as Mac Tools policy, sales, business management, collection and operating procedures, training in merchandising and product knowledge, bookkeeping, inventory control, and tool repair. The program also involves up to 80 hours of on-the-job training at a Mac Tools location near you.
Territory
Mac Tools does not grant exclusive territories.
Note: The tables and information regarding the number of operating units, investment required, ongoing expenses, training and territory grants were taken from the company's 2013 FDD.
