11 Fastest Growing Franchises in the US in 2018

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7. Mac Tools

Company: Stanley Black & Decker, Inc. (NYSE:SWK)

Mac Tools offers franchises that sell automotive tools and equipment. The company is part of Stanley Black & Decker, Inc. (NYSE:SWK), having been acquired in 1980 by Stanley Works. During the fourth quarter, the number of investors bullish on Stanley Black & Decker, Inc. (NYSE:SWK) advanced by four to 37. Mac Tools has been offering franchises since 2011 and saw significant growth, as the number of franchised locations expanded to 1,146 in 2017 from 103 in 2011. In the US, Mac Tools has 791 franchised locations as of 2017, up from 606 a year earlier. The initial investment amount for a Mac Tool franchise is between $171,000 and $360,000.

Pixabay/Public Domain

Pixabay/Public Domain

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