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How many franchisees does Snap-on have?
The company is known for offering the highest quality tools around the country, and it has 3,500 franchises.
How much do Snap-on dealers make Canada?
How much does a Franchisee make at Snap-on in Canada? Average Snap-on Franchisee yearly pay in Canada is approximately $67,307, which is 24% above the national average.
How many Snap-on dealers are there?
The Snap-on business model has worked for franchisees since the beginning. Their proven process has been working for their current 4,600 franchisees around the globe and it could work for you. The Snap-on franchise opportunity compares favorably to other franchise offerings in a variety of ways.
How many Snap-on trucks are there?
We have more than 65,000 SKUs in our product line, operate in more than 130 countries and employ approximately 12,600 people worldwide.
How much does a Snap-on truck owner make?
Average Snap-on Owner Operator Driver yearly pay in the United States is approximately $100,000, which is 51% below the national average.
How much does it cost to start a Snap-on truck?
How much does Snap-on franchise cost? Snap-on has the franchise fee of up to $16,000, with total initial investment range of $171,385 to $359,767.
What franchise is the most profitable?
Most Profitable FranchisesDunkin'7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items...•
What company owns Snap-on?
Snap-on is a part of Snap-on Incorporated, which is a publicly-traded company with symbol SNA. In other words, individuals and institutions hold shares of the company in the same way as with other publicly-traded brands such as Coca Cola, Apple, Home Depot, and Stanley Black & Decker.
Is Snap-on Made in China?
Only certain Snap-On tools are still made in the USA. Most hand tools are still made in their facilities in Milwaukee and other U.S. manufacturing locations, but products like their cordless power drill kit are made in China, among other countries.
Is Snap-On owned by Harbor Freight?
No, Harbor Freight does not own Snap-On. Snap-On is an independent company with no affiliation to Harbor Freight, although they overlap in their product lines. Snap-on is part of Snap-on Incorporated – a public company that uses the symbol SNA.
What was Snap-On called before?
the Snap-on Wrench CompanySnap-on was founded as the Snap-on Wrench Company in Milwaukee, Wisconsin in 1920 by Joseph Johnson and William Seidemann. The business manufactured and marketed ten sockets that would "snap on" to five interchangeable handles. The company's slogan was "5 do the work of 50".
Does Snap-On own Blue Point?
The Blue-Point name became synonymous with quality hand tools. Blue-Point and the Snap-on Wrench Company merged to become Snap-on Tools, Inc.
How many franchise locations do they have?
As of the 2020 Franchise Disclosure Document, there are 3302 franchised Snap-On locations in the USA.
What is Snap On Inc?
is an American designer, manufacturer and marketer of high end tools and equipment to professional tool users, operating mobile stores to sell these tools and equipment.
How do franchise profits work?
Franchise profits depend on a number of variables, including local demand for your product, labor costs, commercial lease rates and several other factors. Typically, franchise profits are proportionate to the size of investment. We can help you figure out how much money you can make by reviewing your personal situation. Please unlock this franchise for more information.
What does it mean to find the best franchise?
Finding the best franchise means comparing several brands to determine the ideal fit for you.
Do they use public figures to promote their franchise?
Yes, unlock to find out which public figure s are used to promote this franchise.
How many products does Snap On sell?
Today, Snap-on Tools franchisees sell far more than just wrenches. They offer over 22,000 products, including hand tools, power tools, diagnostic tools, tool storage and shop equipment, but the way they sell is much the same. Once a week they bring their "mobile stores"--trucks filled with their products--directly to their customers, which include car dealerships, mechanics, marinas and airports.
How long does a franchise last?
Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease.
What is franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor.
What is franchise investment?
Definition: The total amount necessary to begin operation of the franchise. What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital.
Do franchisors have in-house financing?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
How much capital do you need to buy a Snap On franchise?
To buy a franchise with Snap-On Tools, you'll need to have $46,062 - $61,362 in liquid capital. Franchisees can expect to make a total investment of $163,452 - $279,752. *
What is Snap On?
Snap-on serves technicians in the auto, marine, and aviation industries, vehicle manufacturers, utilities, and government and industrial organizations.
What is Snap On Tools?
Snap-On Tools is looking for franchisees to take advantage of the growing demand for mobile tool stores. Our comprehensive training, proven business model, attractive financing options and the #1 professional tool brand in the world will help you start realizing profits in no time! Don't wait; contact us today!
Where is Snap On located?
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.
Is Snap On a franchise?
The Snap-on franchise proposition stacks up well against other franchise opportunities in numerous ways. Cost of entry is very competitive, products are best in class and you will receive a protected list of calls. Plus, there is no expensive investment in a fixed site location or ongoing percentage rent like you have in most lease agreements.
Where is Snap On franchise available?
Franchises Available Worldwide: Snap-on has franchises available in the U.S. as well as several other countries including United Kingdom, Japan, Australia, Canada, Netherlands, Belgium, Germany, South Africa, Puerto Rico and Guam.
How many people does Snap On employ?
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 ...
What is Snap On Tools?
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.
What is Snap On?
Snap-on serves technicians in the auto, marine, and aviation industries, vehicle manufacturers, utilities, and government and industrial organizations
Does Snap On offer veterans discount?
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.
Is Snap On a competitive franchise?
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.
Is Snap On a member of Vetfran?
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.