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49

Snap-on Tools

November 12, 2024 at 6:26:33 PM

Last Year Rank:

49

  • Investment Range:

  • Initial Investment:

  • Category:

$217,505 - $481,554

$8,000 - $16,000

Retail

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Company Description

Snap-on Tools is both a producer and marketer of high-end tools and equipment including hand, air and electric tools. Snap-on caters to automotive, heavy-duty, military, manufacturing and aviation industries.

Founded by Joseph Johnson and William Seidemann, the first location was opened in Milwaukee, Wisconsin, in 1920.

Company Statistics

  • Global Sales:

$2,240,768,990

  • US Units:

3404

  • International Units:

1307

  • Total Units:

4711

  • Percent Franchised:

95%

  • %International Units:

28%

  • US Franchised Units:

3264

  • International Franchised Units:

1222

  • Sales Gowth%:

2.60%

  • Unit Growth%:

-0.20%

Franchise Financial Overview

  • Starting Year:

  • Franchise Fee:

  • Royalty Fee:

  • Financing Available:

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