Mac Tools Franchise Costs And Fees

About Mac Tools

Mac Tools is a division of Stanley Black & Decker, an S&P 500 company and a diversified global provider of hand tools, power tools and related accessories, mechanical access solutions and electronic security solutions, engineered fastening systems, and more. With over $10.2B in global sales, Stanley is viewed as a world leader in the marketplace.

Mac Tools was founded in 1938 in Sabina, OH. Today, Mac Tools is an international business with Distributors and Franchisees in the United States, Canada, Europe and Japan. Mac Tools has a product line in excess of 42,000 items. 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.

Why a Mac Tools Franchise?

As a franchisee, you’ll own and drive a Mac Tools® truck which serves as your personal mobile tools store and be assigned a unique route list with approximately 325 potential customers. Plus, you’ll have access to Mobile Business Assistant (MBA), a proprietary software to manage customer accounts, inventory, reporting, and more. All along the way, we offer ongoing training, mentoring and field support along with new product innovations and monthly flyers to help grow your business.

Top 10 Reasons Why Mac Tools Is One Of The Hottest & Fastest Growing Franchise Opportunities In America:

-Your own exclusive, protected route of customers.
-Home-based business offering personal, professional, and financial flexibility.
-No experience necessary, we offer comprehensive training.
-Ongoing field support and mentoring.
-Initial inventory of top-selling, high-transaction tools.
-Powered by Stanley Black & Decker – the largest and fastest growing tool company in the world.
-Proprietary Mobile Business Software to manage your business transactions.
-National marketing support with motorsports branding.
-Monthly flyers, sales aids, videos, displays and promotions to help grow your business.
-Low investment with a variety of financing options including 100% financing for qualified candidates

Mac Tools Franchise Markets:

With 80 years of industry experience, Mac Tools currently has over 1,100 existing franchisees globally. Mac Tools ongoing focus is on its development plan to continue expansion throughout North America. Franchise opportunities are available in all 50 states, plus Puerto Rico and across Canada.

Company Founded

1938

Current Leadership

Phil Cox, President/General Manager

Started Franchising

2011 (10 years)

Total Number of Units

1,123 (as of 2020)

Part-Time / Full-Time

Full Time

Stock Ticker Symbol

SWK

How Much Does It Cost To Open A Mac Tools Franchise?

There are several costs associated with opening a Mac Tools franchise. There is typically a franchise fee set by the franchisor, which covers the costs of opening a franchise location. Some other commons fees include equipment fees, marketing fees, licensing fees, insurance, and taxes, to name a few.

Some franchises may have a weekly fee that the franchisee pays for operating a Mac Tools franchise. The weekly fee for opening a Mac Tools franchise is not specified.

The full breakdown of these fees can be found in the Financial Disclosure Document (FDD) provided to franchisees by the franchisor. The FDD report will contain additional information such as whether the franchise is renewable (Mac Tools Is Renewable) and does the franchise offer financing support (Mac Tools Mac Tools has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable).

Mac Tools Company Details

Here are some additional details about Mac Tools.

Parent Company	Stanley Black and Decker
Initial Investment	$8,000
Net Worth Requirement	$40,000
Veteran Incentives	$10,000 off startup inventory
Cash Requirement	$18,000 - $22,000
Term of Agreement	10 years
Absentee Ownership	No
Run from Home	Yes
Part Time	No

Training and Support Offered By Mac Tools

Mac Tools offers several support options to its franchisees. With 1,123 (as of 2020) units, Mac Tools aims to provide support to each franchise owner to help them operate a successful franchise location. Mac Tools offers 120 hours on the job training, 50 hours classroom training, and As needed additional training.

Training and Support Offered

Here are the support options offered by Mac Tools.

On-The-Job Training	120 hours
Classroom Training	50 hours
Additional Training	As needed
Ongoing Support	Newsletter Meetings & Conventions Toll-Free Line Grand Opening Online Support Security & Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Support	Ad Templates National Media Social Media SEO Website Development Email Marketing Loyalty Program/App
Estimated Revenue	$100M to $500M

Is Mac Tools Right For You?

Mac Tools has gone digital! Here are all of the ways you can find Mac Tools online. Oftentimes, you can reach out to current franchisees of Mac Tools online. Current franchisees may be able to offer personalized insights into what it is like owning a Mac Tools franchise and offer tips to running a successful Mac Tools franchise location.

Social

Why Should You Start a Mac Tools Franchise?

Investing in a Automotive franchise such as Mac Tools can kickstart your franchise portfolio. Our goal at Why Franchise is to provide you with the resources needed to be a successful franchise owner. Fill out the form below to get more information about Mac Tools franchise and we'll be in touch soon!

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