About Snap-on Tools
Who we are
Snap-on 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.
The Industry Leader
Snap-on 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.
A Dedication to Innovation
At Snap-on, we are driven by a relentless determination to be the best, providing the most practical, original and inventive solutions for the professionals we serve. A roll-up-your-sleeves mentality toward innovation transforms customer listening and the best new thinking into proven products and services.
Our innovation and technology are important to the professionals who make their living using Snap-on products. Whether it's our hand tools that perform under the most rigorous conditions, diagnostic equipment that is easy to use, or tool storage solutions that utilize every square inch of workspace, innovation is a quality found throughout our product line.
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Snap-on Franchise Investment Information
Snap-on is a Family Business
You will find that a Snap-on franchise has a relatively low initial license fee, a low monthly fee, no advertising fee and no initial training fee. And, since you have a mobile store, you don't have all the expense most fixed-site franchises have, and you won't even have employee expenses unless you choose to expand your operation. This lower overhead makes it easier for you to invest in your business and build your equity and net worth. In addition, Snap-on’s financing affiliate Snap-on Credit offers a variety of financing programs to finance the majority of the investment with down payments as a low as $25,000 for qualified applicants.
Depending on how you pay for various parts of the business and including whether you buy or lease your mobile store, total investment can vary. Snap-on estimates:
* The total initial investment range for a Standard Snap-on Franchise is between $149,848-$278,444.
* The out-of-pocket up-front cost is between $39,334-$52,000, which includes Snap-on Credit’s standard down payment.
* Snap-on Credit has financing programs available that may meet your initial investment needs.
Snap-on also offers the Gateway Franchise Program that allows you to operate the business for 2 years and build up your own cash equity in the business before making the full investment described above.
* Snap-on estimates that the Gateway Franchise investment range is between $16,688-$80,174.
* Snap-on Credit has financing programs available that may meet your initial investment needs
You will receive our Franchise Disclosure Document (FDD) and a simple worksheet that will help you develop a budget. You can contact existing franchisees for help in completing the worksheet so you can get an understanding of potential earnings.
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