Matco Tools Named No. 1 Tool Franchise – UnderhoodService

Matco Tools Named No. 1 Tool Franchise

Entrepreneur magazine ranks Matco Tools top tool franchise four out of five years.

Matco Tools Franchise has been named the best franchise in the "Tools Distribution Category" and 19th overall in Entrepreneur magazine’s 32nd Annual Franchise 500.
"Matco Tools is a world-class franchise system with low startup costs, internal financing and a proven business model," said Ernest Lauber, senior vice president of sales at Matco Tools. "We are honored that among the hundreds of other franchises, Matco has been recognized by Entrepreneur magazine as a best in class once again."

Franchisors are judged by an independent auditor and measured by a set of objective, quantifiable criteria, including financial strength and stability, growth rate and size of the system. Also measured are the number of years the company has been in business, the length of time it’s been franchising, startup costs, litigation, percentage of terminations and whether the company provides financing. Those companies that receive the highest cumulative scores join the prestigious Franchise 500.

In the 2011 rankings, Entrepreneur named the Matco Tools Franchise fifth in the "Top 10 Home Based Franchises" categories and number 17 in "America’s Top Global Franchise." Matco Tools has been named the best tool franchise four times in the past five years.

"We are invested in the success of every franchisee and are committed to providing a foundation for growth including in-house financing for franchisees and their customers, national advertising and outstanding service and support," said Lauber. "With no franchise fees, royalties or advertising fees, Matco Tools has earned our place as the best mobile tool franchise."

You May Also Like

Mitchell 1 Adds Google Campaigns to its SocialCRM

Shops can share positive reviews and testimonials directly to a Google business profile or Facebook page.

Mitchell 1 is making it easier than ever for auto repair shops to effectively manage and promote their businesses on Google and other social media platforms with the launch of the Google Campaigns from SureCritic, a new and exclusive feature within SocialCRM’s premium LocalSearch services.

 “The service is designed to give independent shops more control of their online presence and overall brand visibility on Google so they can cost effectively compete with the major corporate chains and attract new customers,” said Marcus Mackell, director of SocialCRM services for Mitchell 1. “A key benefit is that it simplifies the process of creating, sharing and promoting online content. With Google Campaigns, shops can do so with a click of a button through a single source rather than having to log into multiple sites, manage multiple profiles and rely on creative folks to develop content.”

ASE, Goodguys Partner to Promote Education, Careers

They are joining forces to showcase the wide array of career paths in the world of hot rodding and automotive service.

SMP Introduces 276 New Part Numbers

Included in the release is new coverage for 77 product categories.

Mitchell 1 to Hold Shop Management Workshop in Orlando

Registration now open for two-day training event.

Continental Offers 12 New Blower Motor SKUs 

Applications deliver late-model coverage for 20 popular import and domestic vehicles.

Other Posts

Dorman Launches New Repair Solutions

Among the new releases are Dorman OE FIX repair solutions designed to help save time, money or increase reliability.

Opus IVS Announces Launch of Master Class Free Training Series

Seminars and coursework focused on advanced vehicle technologies for those wishing to advance their skills.

Autoshop Solutions Partners With Turnkey Marketing

Both companies only focus on the automotive aftermarket and have the same goal of keeping those bays full.

AP Emissions Releases January New Part Number Update

The release includes direct fit EPA converters covering more than 6.6 million vehicles in operation.