Start-Up Costs and Fees |
||
| K & N Mobile Distribution Systems | Matco Tools | |
| Investment | 67318 - 195307 | 78082 - 274327 |
| Franchise Fee | 0 | |
| Royalty Fee | 9% | 0 |
| Advertising Fee | 1% | |
| Year Founded | 1972 | 1979 |
| Year Franchised | 2008 | 1993 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| K & N Mobile Distribution Systems | Matco Tools | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| K & N Mobile Distribution Systems | Matco Tools | |
| Franchise Fees | Yes | |
| Start-up Costs | Yes | |
| Equipment | No | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | No | |
Training & Support |
||
| K & N Mobile Distribution Systems | Matco Tools | |
| Training | * Entire system orientation * Product line and parts numbers introduction * One full day of learning product * Catalog and price book instruction * People skills instruction Training is a 10-day process with one day spent shadowing an experienced sales person, and one half-day learning our proprietary software. Also included: * Training videos * Strategies for selling to a variety of businesses * How to develop new accounts * Role playing * Discussing competition | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | |
| Marketing | National media, Regional advertising | |
| Operations | Franchise can be run from home. 1%% of all franchisees own more than one unit Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| K & N Mobile Distribution Systems | Matco Tools | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| K & N Mobile Distribution Systems | |
| Matco Tools | |
| Franchise Fee | |
| K & N Mobile Distribution Systems | |
| Matco Tools | |
| Royalty Fee | |
| K & N Mobile Distribution Systems | 9% |
| Matco Tools | 0 |
| Advertising Fee | |
| K & N Mobile Distribution Systems | 1% |
| Matco Tools | |
| Year Founded | |
| K & N Mobile Distribution Systems | 1972 |
| Matco Tools | 1979 |
| Year Franchised | |
| K & N Mobile Distribution Systems | 2008 |
| Matco Tools | 1993 |
| Term Of Agreement | |
| K & N Mobile Distribution Systems | |
| Matco Tools | 10 years |
| Renewal Fee | |
| K & N Mobile Distribution Systems | |
| Matco Tools | |
Business Experience Requirements |
|
| Experience | |
| K & N Mobile Distribution Systems | |
| Matco Tools | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| K & N Mobile Distribution Systems | |
| Matco Tools | |
| Start-up Costs | |
| K & N Mobile Distribution Systems | |
| Matco Tools | |
| Equipment | |
| K & N Mobile Distribution Systems} | |
| Matco Tools | |
| Inventory | |
| K & N Mobile Distribution Systems | |
| Matco Tools | |
| Receivables | |
| K & N Mobile Distribution Systems | |
| Matco Tools | |
| Payroll | |
| K & N Mobile Distribution Systems | |
| Matco Tools | |
Training & Support |
|
| Training | |
| K & N Mobile Distribution Systems | * Entire system orientation * Product line and parts numbers introduction * One full day of learning product * Catalog and price book instruction * People skills instruction Training is a 10-day process with one day spent shadowing an experienced sales person, and one half-day learning our proprietary software. Also included: * Training videos * Strategies for selling to a variety of businesses * How to develop new accounts * Role playing * Discussing competition |
| Matco Tools | |
| Support | |
| K & N Mobile Distribution Systems | |
| Matco Tools | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Marketing | |
| K & N Mobile Distribution Systems | |
| Matco Tools | National media, Regional advertising |
| Operations | |
| K & N Mobile Distribution Systems | |
| Matco Tools | Franchise can be run from home. 1%% of all franchisees own more than one unit Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| K & N Mobile Distribution Systems | |
| Matco Tools | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| K & N Mobile Distribution Systems | |
| Matco Tools | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| K & N Mobile Distribution Systems | |
| Matco Tools | |