2022 Franchise 500 Rank
#21 Ranked #48 last year
See the Full List
Initial investment
$175K - $412K
Units as of 2022

Company Overview

About Snap-on Tools

Parent Company
Snap-on Inc.
Nick Pinchuk, Chairman, President & CEO
Sponsored Content

More from Snap-on Tools

The #1 Tool Brand. The #1 Tool Franchise.

Snap-on Tools has a proven franchise model serving the makers and fixers who keep the nation moving forward

Snap-on Tools is a U.S.-based global company headquartered in Kenosha, Wisconsin and has been named Entrepreneur’s top tool franchise for over 10 years, has been recognized by Franchise Business Review as a Recession-Proof Franchise, and is a member of the elite Franchise Business Review Hall of Fame. Snap-on Tools, as the leading innovator, manufacturer and marketer of high-end tools and equipment for professionals, powered through the health and economic challenges of the pandemic and continued to serve its loyal customers, as it has throughout its 100+ years of existence.

Essential to the Essential. Snap-on’s commitment to what it calls "Essential to the Essential" is a phrase that hits right at the core of what Snap-on Tools is all about, according to Tom Kasbohm, director of franchising. “Snap-on has a legacy as an innovative manufacturer and productivity solutions provider that services technicians in the bays where critical work is done,” he said.

“Snap-on is an iconic brand well recognized by the makers and fixers that keep our nation moving forward.” - TOM KASBOHM, Director of Franchising

John Doe

Tom Kasbohm


During the past year's upheavals, we all became more familiar with the term “essential workers.” Snap-on played an important role in supporting essential workers in countless ways to keep the transportation infrastructure running – for deliveries of critical goods and services, the operation and maintenance of emergency vehicles, and helping ensure healthcare and other essential workers had reliable transportation to get to and from their homes and places of business.

“Snap-on Tools franchise owners demonstrated to the entire world they could find a way to serve their customers even in the midst of one of the greatest health crises the world has seen,” Kasbohm said. “I am proud that our 100-year-old company that has persevered through wars, recessions, and countless other crises, once again was regarded as essential to the essential workers."

Proud to Support Veterans. Snap-on places a lot of pride in being an American manufacturer and is firmly grounded in its core belief in patriotic duty. Both the military and Snap-on are mission-driven organizations, so it’s no wonder that there are hundreds of Snap-on Tools franchise owners who previously served in the armed forces. Snap-on is a proud member and sponsor of VetFran and a founding member of the IFA. “At Snap-on, we value the hard work and sacrifice of our veteran franchise owners,” said Kasbohm. “We are honored to have hundreds of veteran franchise owners who bring their commitment, skills and service to our Snap-on Tools franchise system.” The Snap-on Tools franchise offers extensive initial training, financing for those who qualify through Snap-on Credit, and incentives for honorably discharged veterans.

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. A Snap-on Tools franchisee sells exclusive, premium products that ranked number one in every category – Hand Tools, Power Tools, Tool Storage and Diagnostic Equipment – in a recent independent survey by Frost & Sullivan of U.S. automotive technicians. Snap-on Tools franchise business owners enjoy the #1 market-share position in the industry, and Snap-on products are universally recognized by professionals as the absolute highest quality.

Franchising Overview

Franchising Since
1991 (31 years)
# of employees at HQ
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees in the following international regions: Africa, Asia, Australia/New Zealand, Europe (Western), Canada

# of Units
4,771 (as of 2022)

Franchisor Information

Corporate Address
2801 80th St.
Kenosha, WI 53143

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Snap-on Tools franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$8,000 - $16,000
Initial Investment
$175,146 - $411,941
Net Worth Requirement
$38,126 - $54,288
Cash Requirement
$38,126 - $54,288
Veteran Incentives
$20,000 off cost of startup inventory
Royalty Fee
Term of Agreement
10 years
Is franchise term renewable?

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing
Snap-on Tools offers in-house financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable
Third Party Financing
Snap-on Tools has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
135 hours
Classroom Training
80.5 hours
Ongoing Support
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Ad Templates
National Media
Regional Advertising
Social Media
Website Development
Email Marketing


Additional details about running this franchise.

Is absentee ownership allowed?
Can this franchise be run from home/mobile unit?
Can this franchise be run part time?
# of employees required to run
Are exclusive territories available?

Franchise 500 Ranking History

Compare where Snap-on Tools landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

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The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021