Estimated Initial Investment
Many factors can determine the exact investment required to start your own Mac Tools® franchise. Below is a list of potential costs associated with starting your business, and the estimated investment ranges for each.
Financing is available for qualified candidates.
Item
Amount
Paid To
Due Date
Refundable
Item: Initial Franchise Fee
Amount: $8,000
Paid To: Mac Tools
Due Date: Upon execution of the Franchise Agreement
Refundable: Not refundable
Item: Initial Training Expenses
Amount: $2,500 - $6,000 per person
Paid To: Suppliers
Due Date: As incurred.
Refundable: As determined by suppliers; usually not refundable
Item: Starter Inventory
Amount: $70,000 - $90,000 per route
Paid To: Mac Tools
Due Date: Upon signing the Franchise Agreement
Refundable: Subject to then-current return policy, including a restocking charge
Item: Vehicle Purchase
Amount: $45,000 to $160,000 per vehicle
Paid To: Suppliers
Due Date: As required by suppliers
Refundable: As determined by suppliers; usually not refundable
Item: Equipment
Amount: $0 - $4,100 per route
Paid To: Your suppliers
Due Date: As required by suppliers
Refundable: As determined by suppliers; usually not refundable
Item: Vehicle Painting and Decal Application
Amount: $0 to $7,640
Paid To: Suppliers of truck painting and decal application services
Due Date: Upon execution of the Franchise Agreement
Refundable: As determined by suppliers; usually not refundable
Item: Payment Processing Services
Amount: $0 to $225
Paid To: As required by provider
Due Date: As required by provider
Refundable: As determined by provider, usually not refundable
Item: Professional Fees
Amount: $1,500 - $2,000
Paid To: Your professional advisors
Due Date: As required by professional advisors
Refundable: As determined by advisors; usually not refundable
Item: Insurance
Amount: $5,912 per year, per route
Paid To: Your insurance broker
Due Date: As required by broker
Refundable: As determined by broker; usually not refundable
Item: Work Attire / Uniforms
Amount: $320 - $700 per person
Paid To: Your suppliers
Due Date: As required by suppliers
Refundable: As determined by suppliers, usually not refundable
Item: Advertising associated with Commencement of Business
Amount: $50-$600 per route
Paid To: Your suppliers
Due Date: As required by suppliers
Refundable: As determined by suppliers, usually not refundable
Item: Licences, Permits and Authorizations
Amount: $500 per route
Paid To: Government agencies
Due Date: As required by agencies
Refundable: Usually not refundable
Item: Working Capital
Amount: Minimum of $25,000
Paid To: Suppliers
Due Date: As required by suppliers
Refundable: As determined by suppliers, usually not refundable
All figures in the above table are estimates only and assume that you will operate one route. Actual amounts will vary for each franchisee and each location depending upon a number of factors.