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Snap-on Tools
#30 Franchise 500| Professional tools and equipment



Franchising Since

1991 (27 Years)

Corporate Address

2801 80th St.
Kenosha, WI 53143


Nick Pinchuk

Parent Company

Snap-on Inc.

Ticker Symbol


Financial Requirements
Initial Investment

$169,503 - $350,231

Net-worth Requirement

$35,603 - $52,203

Liquid Cash Requirement

$35,603 - $52,203

Ongoing Fees
Initial Franchise Fee

$7,500 - $15,000

Ongoing Royalty Fee


Financing Options

Snap-on Tools offers in-house financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable

Snap-on Tools has relationships with third-party sources which offer financing to cover the following: 

Veteran Incentives

$20,000 off startup inventory

Support Options
Ongoing Support



Toll-Free Line

Grand Opening

Online Support

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

National Media

Regional Advertising

Social media

Website development

Email marketing

On-The-Job Training:

135 hours

Classroom Training:

57 hours

Additional Training:

At branch & regional centers

Snap-on Tools is ranked #30 in the Franchise 500!
In 1920, a particular wrench could only do one particular job, but Joseph Johnson had an idea to change that. Along with William Seidemann, he began manufacturing ten different sockets that would "snap on" to five interchangeable wrench handles, so that one tool could do the work of five. The Snap-on Wrench Company's representatives sold these new products by taking them to the customers at their places of business and demonstrating their use.

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.

Initial Investment: Low - $169,503 High - $350,231
0.0%1 UNITS (1 Year) +1.4%+67 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: Africa, Asia, Australia/New Zealand, Canada, Western Europe

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The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: October 16th, 2017