MAC TOOLS Dealer video

[MikeF2316]

Basically its an agreement between the dealer and the mechanic, can really be as many weeks as the dealer is willing to let it ride. It's a relationship between the two. When people skip, its the dealer holding the bag. There are collection agency's and courts to process people, but again that's at the dealers discretion.
The whole of it really rests on the shoulders of the dealer. The companies are not responsible for making you successful. Its your business, make it work!

Yep, strangely you have to pay for your products whether you sell them or not like any other store. This joker is basically insinuating he wanted to pay MAC as he sold their product which is asinine. Point being it doesn't matter if they're sold or stocked on his truck, the guy purchased them from MAC, and apparently didn't want to pay them until the products had already sold meaning he takes no risk. Stupid. For smaller items they ask you to offer "truck credit" which is basically a form of paying over time. This is the area that makes or breaks most dealers, if you let loads of product go this way to unknown customers who stiff you you'll go broke in short order.

So the company helps with the financing for something like a $10,000 toolbox then, but it's up to the deal for something like a torque wrench?

I believe (I may be wrong) that dealers put in long hours as it is, I'm sure the hassle of lawyers and collection agencies will add to that. And there's no such thing as a cheap lawyer, and of course collection agencies will take their cut. That's got to be a real killer.

 

[Automatic Slim]

Thanks for the educated response and breakdown, Chadster. My apologies for overstating minimal overheard hearsay and endemic retort - I am certainly not in the know and glad that business is doing well.

Lots of auto dealerships have consilidated in this area into the "mega" autoplexes that seem to be sweeping and other than tire & break, lube joints - small independents can't afford the diagnostic equipment to work on all variety of cars. One woman I know says she has to take her BMW to the dealership just to get the oil changed, LOL. So that may have some influx in his sales in the area, as alot of these "megaplexes" have their own tool supplier (just from what I hear, not first hand knowledge).

Best of success moving forward w/ your business, and in life itself. Thanks for the feedback, and disregard my now obsolete opinion. Have a great day, man.

 

[Steinmetz]

I'd be getting a lawyer if I was them.

TheGrooveking

He needed the legal advice before he agreed to be a franchisee.

On the other hand, making vague, unsubstantiated allegations on a publicly accessible medium ("Mac screwed me") could mean he'll need an attorney, because someone's coming after him.

 

[Heavy Metal Doctor]

Tool trucks will perish by 2023, by my accounts and maybe sooner. They are still operating like 1980's - 1990 and have not adjusted to the change. They prey on new grad's that want to look big, but for the seasoned professional there is little money to be made when eyes are forward thinking about (dreaming...........) retirement.

That's funny chit right there!
Are you actually a working mechanic of any sort? Or just weekends / evenings in the home garage type?

Can I get a quote on a new tool box *With trade in of my old one / incentives factored in* by way of the web? I haven't seen that happen yet.
Can the web carry stock which I can purchase right now, this minute - not waiting for it to ship in tomorrow - 'cause the broke **** in my shop requires tool XXXXX to finish the job and the bay is ******* with the whole works is at a standstill till it's complete.
Will Amazon be running classes for guys to learn computer diagnostics stuff to go with the new scan tools they sell them?

Somehow I don't think tool trucks are going away.

I AM working seriously on my retirement and, if anything, I'm spending more on the tool truck than I did 15 years ago. Not out of foolish belief that its the only tool to use, or not knowing there are cheaper alternative, I know better than that. It's really because I'm good at what I do, I like them, and I can....And from the stories I hear, I don't spend a lot on the tool trucks compared to some....


Now as for the issues with NEW franchisees and their troubles / complaints - I think many of them ARE sold a "bill of goods" and aren't really even given a chance to research their route, because it is not "assigned" to them 'till they make the commitment / sign paperwork. What shops are they gonna go checkout ahead of time when they don't know what route they will have?
As others said - prior mechanics make the best tool dealers since they really do grasp the whole situation they are getting into, while the non-mechanics just looking for a small business to own / operate end up with a rude awakening once they are in it.

Funny part is all this talk of the "Corporate is screwing the franchisee" stuff is the same set of issues an ex dealer told me is the tool mans biggest batch of hurdles to get over......and he retired from it in the mid 90's....

 

[braol]

That's funny chit right there!
Are you actually a working mechanic of any sort? Or just weekends / evenings in the home garage type?

Can I get a quote on a new tool box *With trade in of my old one / incentives factored in* by way of the web? I haven't seen that happen yet.
Can the web carry stock which I can purchase right now, this minute - not waiting for it to ship in tomorrow - 'cause the broke **** in my shop requires tool XXXXX to finish the job and the bay is ******* with the whole works is at a standstill till it's complete.
Will Amazon be running classes for guys to learn computer diagnostics stuff to go with the new scan tools they sell them?

Somehow I don't think tool trucks are going away.

I AM working seriously on my retirement and, if anything, I'm spending more on the tool truck than I did 15 years ago. Not out of foolish belief that its the only tool to use, or not knowing there are cheaper alternative, I know better than that. It's really because I'm good at what I do, I like them, and I can....And from the stories I hear, I don't spend a lot on the tool trucks compared to some....


Now as for the issues with NEW franchisees and their troubles / complaints - I think many of them ARE sold a "bill of goods" and aren't really even given a chance to research their route, because it is not "assigned" to them 'till they make the commitment / sign paperwork. What shops are they gonna go checkout ahead of time when they don't know what route they will have?
As others said - prior mechanics make the best tool dealers since they really do grasp the whole situation they are getting into, while the non-mechanics just looking for a small business to own / operate end up with a rude awakening once they are in it.

Funny part is all this talk of the "Corporate is screwing the franchisee" stuff is the same set of issues an ex dealer told me is the tool mans biggest batch of hurdles to get over......and he retired from it in the mid 90's....

Couldnt have said it better. When I need a tool or need 1 warrantied, amazon or ebay isnt going to stop by the shop on their way home. Or meet me somewhere after hours.

And it doesnt matter if the Husky wrench look exactly like SO, it is not going to be anywhere near the quality.