Snap-on

Retail Retail Stores

Franchise Summary

Description

Snap-on Tools Company LLC ("Snap-on") offers a license to operate a franchised mobile store selling high quality repair and diagnostic tools and equipment. Snap-on manufactures and/or distributes these tools and equipment to professional mechanics and other tool users throughout the United States.

Company Background

Snap-on Tools Company LLC is a leading provider of high quality repair and diagnostic tools to professional mechanics. The company's products are sold through retail outlets, catalogs, the Internet, and through its mobile stores. Snap-On manufactures or distributes these tools throughout the US.

Franchise Opportunity

Owning and operating a Snap-on franchise can be a lucrative business opportunity, but it's not without its challenges. The cost of starting and running a Snap-on franchise can be prohibitive for some entrepreneurs. In addition, you need to have a certain level of technical expertise to be successful. Snap-on offers a license to operate a franchised mobile store selling high quality repair and diagnostic tools and equipment. With over 90 years of experience in the tool industry, Snap-on is the most trusted name in tools.

Corporate Structure

Snap-on Tools Company LLC, is a Delaware limited liability company whose principal business address is 2801 80th Street, Kenosha, Wisconsin, 53143. Their parent corporation is Snap-on Incorporated, a Delaware corporation.

Royalties and Marketing Fees

Royalties : 125

Franchise Types Available

#	Type	Investment	Fees

Employee Contact Database

#	Name	Position	Phone Number	Email Address

Distribution of Snap-on Franchisees

Snap-on Franchise System Development in 2022

FAQ

How much investment do I need to start my own Snap-on business?

Franchisees typically require at least $217 to $481 investment to get their Snap-on business started

What are the initial franchise fees for Snap-on?

Franchisees typically need to pay at least $145 in fees directly to Snap-on in order to earn the right to launch their business

How much money can I make with a Snap-on franchise? What are the average revenues for a typical Snap-on business?

We haven’t done the math on how much revenue a typical Snap-on brings in each year. We estimate that other franchisees in the Retail industry generate $1,153,118 revenue, so we would expect Snap-on to generate a similar amount

How long do I need to commit to running a Snap-on unit? What is my contractual commitment?

Snap-on franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 5 years. You can of course exit early but don’t expect to get any refund!

Accessibility

3 /10

The Franchisor's investment costs ranges from $217,505 to $481,554 which is Much Higher than the $0 to $0 average in the Retail Stores industry

What determines the investment cost?

Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

Franchises in the Same Industry

Popular Franchises

Is this your Franchise?

Update your profile with photos, videos, useful information, and start connecting with prospective franchisees today

CLAIM THIS FRANCHISE