Snap-On Tools

The Snap-On Tools franchise was founded in 1920 and is one of the world's lead professional tool businesses. Headquartered in Kenosha, Wisconsin, the company has grown to have locations in 130 countries and employs approximately 12,600 workers globally. With a low investment threshold and net worth requirement, it is no wonder that there are 4,600 franchisees in the brand's franchise network. On top of a proven system, franchise owners with the brand are in a good position to sell exclusive, premium products to their customers and carrying on a tradition of the franchise's good name and reputation of excellence customer service for over a century. 

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Snap-On Tools

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Snap-On Tools Franchise Cost and Requirements for 2022

Background

Do you consider yourself to be a DIY aficionado, mechanic, or professional contractor? If you are, then you will have an understanding of how not many businesses provide quality tools like the Snap-On Tools franchise does. Founded in 1920, the brand has grown to become of one of the world's lead professional tool businesses. Headquartered in Kenosha, Wisconsin, the company has grown to have locations in 130 countries and employs approximately 12,600 workers globally. With a low investment threshold and net worth requirement, it is no wonder that there are 4,600 franchisees in the brand's franchise network. Additionally, veterans are incentivized to franchise with Snap-On with a $20,000 on their initial tool inventory. The brand is a proud member of the International Franchise Association (IFA) Foundation's VetFran Program. The comapny's working system has been successful for a century and includes Custom software, Sales support, R&D engine, and an established brand, which is attractive to investors. Franchise owners with the brand are in a good position to sell exclusive, premium products to their customers and carrying on a tradition of the franchise's good name and reputation of excellence customer service for over a century. Additionally, the company is a nationally recognized brand that has been named an Entrepreneur Franchise 500 Top Tool Franchise since 2013. Not to mention,  the franchise license you to service a list of shops with no competition from other Snap-on Tools franchisees. This allows franchisees to learn from each other and share ideas. If you are looking to work with a nationally recognized brand that provides quality tools and doesn't require a lot of money to become a franchise owner, Snap-On is for you. 

Company Details

Founded: 1920
Canada: Yes
International: Yes
Headquarters: Kenosha, Wisconsin

Support and Training Offered By Snap-On Tools

In terms of support and training,  the franchisee can expect initial training that lasts ten days in Grapevine, Texas. During this time, you will learn Product Knowledge, Franchise Business Management, Point of Sale System Training, and
Snap-on Credit Financing for Customers.


2022 Franchise Requirements Needed to Own a Snap-On Tools Franchise.

What does a Snap-On Tools Franchise Cost?

Snap-On Tools franchise fees for 2022:

No advertising fee
No initial training fee
Financing Options: Yes
Veteran Incentives: Yes
Investment range: $169,223 to $382,235.

Is Snap-On Tools a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. Snap-On Tools is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is Snap-On Tools a Home Based franchise?

Yes. Snap-On Tools is a home based franchise opportunity.

What Do Snap-On Tools Franchise Owners Make?

Click here to find out how much Snap-On Tools franchisees make. Snap-On Tools offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Does Snap-On Tools Offer a Veteran Discount?

Yes. Snap-On Tools franchise does offer a veteran discount.

Is Snap-On Tools Looking for Franchisees in Canada?

Yes. Snap-On Tools franchise is looking for Canada franchisees.

Is Snap-On Tools Looking for International franchisees?

Yes. Snap-On Tools franchise is looking for International franchisees.

Additional Information

Additional Categories

Miscellaneous & Unique, Non Food Franchises

Number of Units Open

100+ UNITS

Cash Required

More than $250,000

Passive Franchise

No

Home Based Franchise

Yes

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

Yes

International Franchise Opportunities

Yes

Snap-On Tools Franchises for Sale

Click Here to inquire about existing Snap-On Tools franchises for sale. We may have Snap-On Tools franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.