Snap-on Tools

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Snap-on Tools

Snap-on Tools Franchise FDD, Costs & Fees (2025)

Tool and equipment franchise specializing in high-quality hand and power tools for automotive, industrial, and professional use, catering to professional mechanics and technicians.

Founded in 1920 by Joseph Johnson and Bill Seidemann in Milwaukee, Wisconsin, Snap-on Tools has established itself as a premier designer, manufacturer, and marketer of high-quality tools and equipment for professional use across various industries, including automotive, aviation, and marine. The company is headquartered in Kenosha, Wisconsin.

In 1991, Snap-on Tools began franchising, offering entrepreneurs the opportunity to operate mobile stores that bring a comprehensive range of products—such as hand tools, power tools, diagnostic equipment, and tool storage solutions—directly to customers' workplaces.

This unique mobile model eliminates the need for a traditional brick-and-mortar storefront, allowing franchisees to deliver personalized service and convenience to professionals in their work environments.

Snap-on Tools differentiates itself through its commitment to innovation, quality, and customer engagement. Franchisees benefit from a protected list of calls, ensuring exclusive access to a defined customer base within their territory.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Amount
Real Estate $0
Initial License Fee $8,000 - $16,000
Initial Inventory $139,000 - $149,000
Electronic Signature Pad $0 - $270
Supplies $0 - $600
Van $65,000 - $195,000
Van Insurance (3 months) $827 - $4,953
Van Delivery Charge $200 - $4,800
License $200 - $2,400
Acquisition / Development of Revolving Accounts $0 - $85,000
Other Equipment, Fixtures and Expenses $150 - $170
Software License Fee $3,200
Documentation Fee with Franchise Finance Loan $100 - $250
Minimum Down Payment with Franchise Finance Program $25,000
Additional Funds - 3 Months $5,174 - $38,705
Estimated Total Initial Franchise Expense $221,751 - $500,098

Franchise Disclosure Document

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Competitors

Below are some of

Snap-on Tools

key competitors in the

Hardware

sector.

Started franchising
Franchisees

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Franchise fee

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Royalty fee

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Investment

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Revenue (AUV)

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Gross Profit

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EBITDA

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Home-based

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Passive investment

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FDD
Snap-on Tools
1991
3201
+
-2%
-2%
$16,000
$152 per month

$222,000

-

$500,000

$xxx,xxx

n.a.

$797,000

n.a.

xx%

n.a.

n.a.

xx%

n.a.

Yes
Upgrade
Yes
No
Upgrade
No
1954
577
+
-4%
-4%
n.a.
n.a.

$307,000

-

$2,177,000

$xxx,xxx

n.a.

$0

n.a.

xx%

n.a.

n.a.

xx%

n.a.

Upgrade
Upgrade
2006
58
+
-9%
-9%
$50,000
5.00%

$574,000

-

$753,000

$xxx,xxx

n.a.

$1,863,000

38.0%

xx%

n.a.

n.a.

xx%

n.a.

Upgrade
Upgrade
2012
275
+
-9%
-9%
$3,500
9% - 14%

$6,000

-

$16,000

$xxx,xxx

n.a.

$0

n.a.

xx%

n.a.

n.a.

xx%

n.a.

Upgrade
Upgrade
2017
8
+
33%
33%
$50,000
2% - 8%

$115,000

-

$250,000

$xxx,xxx

n.a.

$0

n.a.

xx%

n.a.

n.a.

xx%

n.a.

Upgrade
Upgrade
1987
92
+
14%
14%
$44,500
3% - 6%

$351,000

-

$613,000

$xxx,xxx

n.a.

$1,749,000

51.1%

xx%

n.a.

n.a.

xx%

n.a.

No
Upgrade
No
No
Upgrade
No
1993
1811
+
0%
0%
$10,000
n.a.

$108,000

-

$383,000

$xxx,xxx

n.a.

$513,000

n.a.

xx%

n.a.

n.a.

xx%

n.a.

Yes
Upgrade
Yes
Yes
Upgrade
Yes

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$49 / month
Total investment

?

Revenue (AUV)

?

Revenue growth (last 3 years)

?

Profit margin

?

Franchise Disclosure Documents
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Watchlist

?

Priority support

?

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Franchisee

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Training

The Snap-on franchise provides comprehensive training to franchisees to ensure effective business operations. This training includes:

  1. Initial Classroom Training: Before starting operations, franchisees attend a classroom program covering essential topics such as business understanding, selling and collection skills, product knowledge, credit programs, and computer training. This training is aimed at preparing franchisees with the necessary skills and knowledge.
  2. Field Initial Training: Conducted when the franchise begins operations, this training is scheduled flexibly to suit the needs of the franchisee or their store manager. It complements classroom training by providing on-the-ground guidance.
  3. Ongoing Training Opportunities: Snap-on suggests, but does not mandate, that franchisees participate in periodic training sessions, including specialized training, kickoff meetings, and annual conferences. These programs focus on updates in products, sales techniques, and franchise performance.

Territory Protection

Snap-on does not provide exclusive territorial rights to its franchisees, allowing potential competition from the franchisor or other franchisees. Franchisees operate within defined "Lists of Calls," but Snap-on reserves the right to sell products through other channels, including online or nearby retail locations.

While Snap-on avoids directly licensing competitors within a franchisee's "List of Calls," it retains flexibility to operate or sell in overlapping markets. This arrangement emphasizes the need for franchisees to build strong local customer relationships to succeed amidst potential competition.

Number of units

2025
Franchised units

3270

3238

3201

Company-owned units

139

140

143

Total units

3409

3378

3344

Competitors

Hardware Hank

Franchisees

?

577
+
-4%
-4%
Investment

?

$307,000 - $2,177,000

Woodcraft

Franchisees

?

58
+
-9%
-9%
Investment

?

$574,000 - $753,000

Winzer

Franchisees

?

275
+
-9%
-9%
Investment

?

$6,000 - $16,000

PowerWashStore

Franchisees

?

8
+
33%
33%
Investment

?

$115,000 - $250,000

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