Home | About | Contact | Subscribe

Franchise Snapshot

FINANCIAL INVESTMENT
Startup: $17,925 - $289,080
Cash Required: $17,925 - $80,071
Net Worth Required: $30,000

COMPANY STATS
Year Founded: 1920
Franchising Since: 1991
Total Locations: 4520
Total Franchisees: 4123

AREAS FRANCHISING
-Canada
-International
-National

Franchise Interviews

PODCAST
Be in Business with The Best, a Snap-on Tools Franchise
Interview with Snap-on Tools President of Sales and Franchising Barrie Young.

Franchise Q&A

Commonly asked questions and answers about this franchise opportunity.

Q: What is the cost of investment, and what is the expected return?

A: The estimated total investment range for our standard franchise is $150,614 to $289,080. (Snap-on does have financing available for qualified candidates) The estimated out of pocket expense for this program ranges from $38,788 to $80,071. Returns will vary depending on many factors that a Snap-on representative will be able to help with.

Q: What would be the difference between a successful franchisee and a failure?

A: Since we have a very large system and a fairly low turnover rate I will address what we see as success factors for a franchisee. We see some common traits in successful franchisees, not necessarily in order of importance they are:

  • High energy level
  • Sociability
  • Accommodating
  • A great attitude
  • Willingness to follow the Snap-on system

While these traits alone won’t guarantee success they are a good starting point to see if you are a good fit for this type of business. I would encourage anyone interested in any franchise business to engage in the discovery process, learn about the business and only purchase a franchise when you are convinced its right for you. As a part of our discovery process you will spend an entire day with at least two different existing franchisees, this gives you a really good picture of what it’s like to operate a Snap-on franchise.
 

Snap-on Tools

Snap-on Tools is a leader in the industry and our tools are universally recognized by professionals as the absolute highest quality tools in the industry. Snap-on franchisees are in the enviable position of selling exclusive, premium products to their customers that were ranked number one in every category – Hand Tools, Power Tools, Tool Storage and Diagnostic Equipment – in a recent independent survey by Frost and Sullivan of U.S. automotive technicians.


Snap-on Incorporated has more than 22,000 products, operates in more than 130 countries and employs approximately 11,000 people worldwide. Snap-on also has a global franchise network of more than 4,200 franchisees. Headquartered in Kenosha, Wisconsin, Snap-on is a leading global developer, manufacturer and marketer of tool and equipment solutions for professional tool users. Snap-on Incorporated is a $2.6 billion S&P 500 company whose product lines include high-quality hand tools and tool storage solutions, diagnostic equipment, information and management systems, and “under-car” shop implements like hydraulic lifts and tire changers. Snap-on serves technicians in the auto, marine, and aviation industries, vehicle manufacturers, utilities, and government and industrial organizations.

The Snap-on franchise opportunity compares favorably to other franchise offerings in a variety of ways. Cost of entry is very competitive, products are best in class and the customer base is already established.

World Class Brand: Recognized the world over by professional tool users.

Industry Leader:
Snap-on is universally recognized by professionals as the absolute highest quality tools in the industry ranked number one in every category in a recent Frost and Sullivan survey.

Not Tied to Real Estate:
The benefit of a mobile tool store is just that: it's mobile. No building codes to comply with and no fixed site expenses like percentage rent and leasehold improvements.

History of Success:
Snap-on has built a proven business model of success that has lasted decades longer than most of our competitors.

Built-in Customer Base:
Each franchisee receives a protected, surveyed list of calls of potential professional tool users.

In-house Financing:
Get help with your franchise purchase from a team of financing experts that understand the business you are buying.

Proven Operating System:
With more than 90 years of experience, Snap-on has developed a solid operating system for its franchisees to use.

Franchises Available Worldwide:
Snap-on has franchises available in the U.S. as well as several other countries including United Kingdom, Japan, Australia, Canada, Netherlands, Belgium, Germany, South Africa, Puerto Rico and Guam.

Vet-Fran Member:
Ask about our discount for qualified military veterans.


If you have a desire to Be In Business With the Best, please complete the information request form here or visit our website at www.snaponfranchise.com.

FREE Information Request

Complete the form below to receive more information about franchise opportunities with Snap-on Tools.

First Name *
Last Name *
Email *
Phone *
Alt. Phone
Address *
City *
State *
Zip/Postal *
Country *
Timeframe Immediately
3-6 Months
6+ Months
Not Sure
Best time to reach
I meet the following requirements:

I understand the financial requirements of this franchise opportunity and I would like to have someone contact me with more information.