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Snap-on Tools Franchise

Mobile professional tool sales and repairs

Since 1920, Snap-on Tools dealers have sold a variety of hand, power and diagnostic tools to professional service technicians. From their mobile showrooms, dealers visit customers once a week ' making sales, handling repairs and introducing new products.

Snap-on provides dealerships, body shops, marinas, airports and other shops where cars, trucks, boats, planes and various vehicles are repaired with tools and equipment.

Please Note: The operators of Snap-on Tools, may not have verified the accuracy of the franchise information contained within this website. For accurate up-to-date information, customers are strongly recommended to visit the official Snap-on Tools website.

Start-up Costs & Franchise Fees

How much does it cost to open a Snap-on Tools franchise?

Total Investment: $14,300-$264,300
Initial Franchise Fee: $5,000
Royalty Fee: $50/mo.
Advertising Fee:
Term of Agreement: 10 years
Renewal Fee: 50% of current license fee

How to contact Snap-on Tools

Snap-on Tools News

Snap-on Franchises Offer Opportunity During Challenging Economic Times
As news of economic downturn sweeps the country, franchise options such as Snap-on are more relevant to those seeking to control their own destiny. A study due out in March by Price Waterhouse Coopers/International Franchise Association reveals that numbers are up in all areas of franchising. Barrie... more

Snap-on Tools Win British Franchisor Of The Year Award 2007
Snap-on Tools beat eight other top-flight finalists to win the gold title at the bfa's gala luncheon at the Savoy Hotel yesterday (Thursday, 24th May). The Awards, sponsored by the Daily Express and HSBC Bank, honour the franchise sector's annual £10 billion contribution to the UK economy. ... more

Snap-on Incorporated Completes Acquisition Of Proquest Business Solutions
Snap-on Incorporated (NYSE:SNA) today announced that it has completed its acquisition of the ProQuest Business Solutions segment of ProQuest Company. Funding for the acquisition included the issuance of $305 million of commercial paper. Snap-on increased its total committed credit facilities by $250... more

Harvick Finishes Fourth, Earnhardt Fifth In Points
The season ends and we are just 90 days away from the Daytona 500. The 2006 season finale had very little on the line for the championship but it was a career day for Martin Truex Jr. He started 20th but the late-season surge for the DEI driver continued with a strong second-place finish. He led 27 ... more

Snap-on To Present At Baird Industrial Conference
Snap-on Incorporated (NYSE:SNA) will present at the Robert W. Baird 2006 Industrial Conference on Wednesday, November 8, 2006. The presentation by Jack Michaels, chairman, president and chief executive officer, and Marty Ellen, senior vice president - finance and chief financial officer, will begin ... more

View all Snap-on Tools Press Releases

Franchise History

When did the first Snap-on Tools open? 1920
When did Snap-on Tools start franchising? 1991

Year	U.S.A.	Canada	International	Corporate
2004	3430	336	898	71
2003	3438	355	855	66
2002	3478	354	809	91
2001	3310	346	804	139
2000	3189	353	793	211

Expansion Plans

International: Australia,New Zealand, Canada,

Financing Options

Expense	In-House	Third Party
Franchise Fee	No	Yes
Startup Costs	No	No
Equipment	No	No
Inventory	No	Yes
Accounts Receivable	No	Yes
Payroll	No	No

Third Party Financing Source(s): Snap-on Credit LLC

Training & Support

Support
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations

Business Operations

Franchise can be run from home.

3.4% of all franchisees own more than one unit

Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

• Industrial Supply & Repair Franchise Opportunities
• Franchises Under $25K

Listing Tags

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