Matco Tools Named No. 1 Tool Franchise

PR Newswire:

Matco Tools is pleased to announce that its Matco Tools Franchise was named the best franchise in the “Tools Distribution Category” and 19th overall in Entrepreneur’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.

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