How to open a Snap-on Tools franchise?
- Ensure you have adequate capitalization. In order to open a Snap-on franchise, you must have a net worth of more than $172,000.
- Appreciate the investment required for a franchise. ...
- Evaluate your prior experience and strengths. ...
- Assess market availability. ...
- Submit your application. ...
- Receive approval & opening your Snap-on franchise. ...
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How do I find my local Snap-on dealer?
The Formal Method You'll find the franchise search page by going to the main Snap-on site and clicking "Find a Franchisee." This takes you to an initial page, which screens inquiries by type.
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.
Where can I exchange Snap-on tools?
To obtain warranty service, return products to a Snap-on franchisee or representative. For customers not serviced by a Snap-on franchisee or representative, contact the Snap-on Customer Care Center via telephone at 1-877-762-7664 or e-mail [email protected].
How much money does a Snap-on franchise make?
How much do Snap-On Franchise Owners make? The highest-earning franchise made over $2 million in revenue whereas the lowest-earning franchise made less than $150,000. These numbers indicate that potential earnings can vary significantly and it depends on factors.
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...•
How much does a Snap-on truck cost?
Facts & FiguresLiquid capital required$37,583Investment$169,223 - $382,235Franchise fee$8,000 - $16,000Offers FinancingYesUnits in operation4,7693 more rows
Will Snap-on replace old tools?
“During the applicable duration of the warranty, at its option, Snap-on will repair or replace its Products which fail to give satisfactory service due to defective workmanship or materials, or provide a refund by repaying or crediting Customer with an amount equal to the purchase price of such Products.”
Are all Snap-On Tools lifetime warranty?
He mentioned that Snap-on tools does not have a lifetime warranty and offers the replacement tools as a one time courtesy to customers of his business.
What do you do with broken snap-on tools?
Here are the details to get a defective product replaced under warranty.Return your Snap-on tool within the first 30 days for any reason. ... Call Snap-on Tools E-business at (877) 762-7664 to discuss product replacement and request a "Return Goods Authorization (RGA)" form.More items...
How does being a Snap-on dealer work?
As a franchisee, you own your own business, selling high quality repair and diagnostic tools and equipment to a protected list of calls. The locations on your list of calls are not assigned to any other Snap-on Tools franchisee, so your route is your responsibility.
Who owns Snap-On Tools?
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.
How many Snap-on franchises are there?
The #1 Tool Brand in the World. The company has more than 58,000 products and operates in more than 130 countries. Globally, Snap-on has over 4,500 franchises.
How much money do you need to open a Snap On franchise?
Ensure you have adequate capitalization. In order to open a Snap-on franchise, you must have a net worth of more than $172,000. Appreciate the investment required for a franchise. Depending on how you pay for various parts of the business, including whether you buy or lease your mobile store, your start-up out-of-pocket expense can vary.
How much does Snap On cost?
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. Initial investments: $171,385 - $359,767.
What is Snap On philosophy?
Snap-on has always maintained the philosophy that the customer's time was too valuable to spend going shopping for tools. Snap-on franchisees visit their customers in their place of work once weekly, in a van loaded with items for purchase.
Contact Snap-on Tools Franchise Owners
One of the best ways to thoroughly research a franchise or business opportunity investment before purchasing one is to get feedback from current and former franchisees involved in the franchise system.
Get Contact Details & Mailing List of Snap-on Tools Franchisees
The difficult part of this step of the franchise buying due diligence process lies in obtaining a current list of Snap-on Tools franchise owners.
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. *
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.
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!
What is Snap On?
Snap-on serves technicians in the auto, marine, and aviation industries, vehicle manufacturers, utilities, and government and industrial organizations.
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.
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.
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
No advertising fee No initial training fee Financing Options: Yes Veteran Incentives: Yes Investment range: $169,223 to $382,235.
Franchises Similar to Snap-On Tools
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.
