Snap-on Tools has the #1 market share position 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 19,000 products, operates in more than 130 countries and employs approximately 11,600 people worldwide. Snap-on also has a franchise network of more than 4,000 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 $2.8 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
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Every potential business owner should answer the question "How much money will I make?" before investing in a business. We believe our "Discovery" process gives you the information you will need to draw your own conclusion. Part of your Discovery of the Snap-on Tools franchise is to determine if it is a good fit for you. Your Discovery includes a franchisee "Ride Along" where you will witness a Snap-on Tools franchisee operating their Snap-on franchise business. As a potential Snap-on Tools franchise candidate, you will quickly realize that this is a customer relationship business and your ability to develop successful business relationships and operate the Snap-on Tools program are key components to your level of success. No two franchise owners personalities are the same, nor are their expenses. Therefore, we feel it is appropriate for you as a potential franchise owner to determine what your sales, expense and income may be.
Prior to the "Ride Along", you will be guided by a Snap-on Franchise Manager on an interactive online tour of our franchise opportunity, part of which includes receiving a copy of our Franchise Disclosure Document (FDD). We recommend you carefully review the entire FDD with your financial advisor and legal counsel including Item 19, which is our Financial Performance Representation, Item 7 and Item 6, which disclose our initial investment and other fees to assist you in determining your potential.
At Snap-on, we value the hard work and sacrifice of our veterans and believe the skills built in the military can translate to owning a franchise. That's why we offer veterans a $20,000 discount in cost of their initial tool inventory. If you choose to finance your franchise through our affliate Snap-on Credit, they may consider your veterans discount equity and reduce the down payment for your franchise finance loan.
We are proud to be ranked the #1 Franchise for Veterans in Entrepreneur 2018 and are especially proud of our veteran franchisees!
In addition, Snap-on is a proud member of VetFran, an International Franchise Association initiative to support veterans interested in franchise ownership and careers in franchising. Snap-on is proud of its time-honored tradition of saluting our military.
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.
Although Snap-on franchisees own their own businesses, we provide continuous support and training. We license you to service a list of shops with no competition from other Snap-on Tools franchisees, making it possible for franchisees to learn from each other and share ideas. However, the support does not end there.
Even before you start your journey as a Snap-on franchisee, a Franchise Manager will be available to you to answer all of your questions and walk you through the discovery process.
All new franchisees attend approximately 10 days of excellent intial training sessions in Grapevine, Texas that include:
We have been around for a long time, so we know how to grow with the ever evolving tool industry and economy. However, we never stray from our proven business model that has made Snap-on the #1 tool brand since 1920. It includes:
Depending on how you pay for various parts of the business, including whether you buy or lease your mobile store, your start-up out-of-pocket expense can vary.
Out-of-pocket start-up expenses for a franchise when using Snap-on financing:
$169,223 - $382,235
"The training that I’ve received with Snap-on as a franchisee has been amazing. In 18 years in healthcare, I’ve been to a lot of training classes, I’ve had to learn a lot of new products, but nothing I’ve done in my career equals what Snap-on has done. They’ve got 90 years of experience of putting together these training programs and it shows. I don’t know that I would be as successful as I am if it weren’t for those trainers and that program."
Snap-on Tools Franchisee