Business Description

The premier solutions provider to the vehicle service industry. Premium quality products, delivered and sold with premium service. We are proud of our heritage and are boldly addressing the future needs of our customers with improved efficiency, creating products and services from hand tools to data and management systems. Contact us today for discussion.

Franchisor Background

Year Established:  1920

Franchising Since:  1991

Operating Units:
Franchised Units:	4,708	98.2%
Company-Owned Units:	85	1.8%
Total Operating Units:	4,793	100.0%
Geographic Distribution: U.S.: 3,622 75.6% In 50 States Canada: 357 7.4% In 12 Canadian Provinces International: 814 17% In 0 Foreign Countries   Total: 4,793 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Texas	245
2. Pennsylvania	202
3. California	373

Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia

Financial Requirements

Investment:
Minimum Net Worth:	$
Cash Investment:	$Low Cost
Total Investment:	$156-248K
Average Total Investment:	$202K
Fees:
Initial Franchise Fee:	$5K
Average Franchise Fee:	$5K
On-Going Royalty:	$50/Mo.
Average Royalty:	-1%
Advertising Fee:	0%

Average Number of Employees: 1 Full-time, 0 Part-time

Space Needs (in square footage):

Preferred Sites:

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: Yes

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	3
General Business Experience:	4
Specific Industry Experience:	2
Formal Education:	2
Psychological Profile:	5
Personal Interview(s):	5
Terms of Contract
Term of Initial Contract:	10 Year(s)
Term of Renewal Period:	5 Year(s)
Passive Ownership:	Not Allowed
Area Development Agreements?	No
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	Yes
Support and Training
International Franchise Association:	Yes
Canadian Franchise Association:	Yes
Franchisee Association/Member:	No
Size of Corporate Staff:	N/A
Site Selection Assistance?	Not Applicable
Lease Negotiation Assistance?	Not Applicable
Financial Assistance?	Yes, Direct
Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified
On-Going Support:
Central Data Processing:	Included in Fees
Central Purchasing:	Included in Fees
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Included in Fees
Inventory Control:	Included in Fees
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	At Additional Cost
800 Telephone Hotline:	Included in Fees
Training:
1. Branch or Regional Office	1 Week
2. Branch	1 Week
3. On-the-Job	3 Week
Expansion Plans
Projected New Units Over Next 12 months: 682 U.S.: Yes, All United States Canada: Yes, All Canada Overseas: Yes, Japan, UK, Germany, Australia, New Zealand, S. Afr	Request Franchisor Info   Submit an online form to receive information from Snap-On Tools.