Snap-on understands the mechanics of the automotive repair business. It's a leading manufacturer and distributor of high-quality hand tools, as well as auto diagnostic equipment and "under-car" shop implements, such as hydraulic lifts and tire changers. It serves mechanics, car manufacturers, and government and industrial organizations. Snap-on's products -- with brand names Snap-on, Blackhawk, Mitchell, ShopKey, Sun, and others -- include air-conditioning service equipment, collision repair equipment, management software, roll cabinets, screwdrivers, tool chests, wheel balancers, and wrenches. The firm publishes Tech, a lifestyle magazine that's free and hand-delivered by dealers to 1 million technicians.
|
Liquid capital required
|
$37,583
|
|
Net worth required
|
$37,583 - $55,545
|
|
Investment
|
$169,223 - $382,235
|
|
Franchise fee
|
$8,000 - $16,000
|
|
Offers Financing
|
Yes
|
|
Units in operation
|
4,769
|
|
Founded
|
1920
|
|
Franchising Since
|
1991
|
$37,583 is required in available capital if you want to become a franchisee. The franchise expects its new franchisees to have a net worth of at least $37,583. $169,223 is the minimum that someone opening a location should expect to invest. The high end of the total investment required to open a franchise is $382,235. $8,000 is the franchise fee new franchisees pay the franchisor. The company was originally founded in 1920. Franchising as a means of location growth started in 1991. In total, there are 4769 units of this franchise open today.
Find other similar franchises!
Snap-On Tools is listed in the Franchise Directory under the Automotive category and the Home Based category. It's also listed in the section for Franchises Under $40,000.
Is this your franchise?
Contact us to unlock your franchise's page to add content and get leads!
