We value our franchisees and provide you with a Franchise Disclosure Document to help you determine what your initial investment and operating costs may be. However, you will find the Snap-on Tools franchise has the following:
An added benefit of operating from your mobile store is that you typically avoid the real estate expenses of most fixed-site franchises. In addition, as an owner-operator you won't have any employee expenses until you choose to hire an employee to grow your business. There are many benefits to owning and operating your "showroom on wheels!"
You can own a Snap-on franchise business with an initial investment of a minimum $28,500 plus $13,000 working capital for qualified applicants. Snap-on Finance can help qualified applicants finance the rest, including the vehicle loans, as well as, inventory and revolving account loans.
Snap-on Tools will provide you with a Franchise Disclosure Document (FDD) that includes more detail on the estimated initial investment and other fees.
Every potential business owner should answer the question "How much money will I make?" before investing in a business. We believe our "Discovery" process gives you the information you will need to draw your own conclusion. Part of your Discovery of the Snap-on Tools franchise is to determine if it is a good fit for you. Your Discovery includes a franchisee "Ride Along" where you will witness a Snap-on Tools franchisee operating their Snap-on franchise business. As a potential Snap-on Tools franchise candidate, you will quickly realise that this is a customer relationship business and your ability to develop successful business relationships and operate the Snap-on Tools program are key components to your level of success. No two franchise owners personalities are the same, nor are their expenses. Therefore, we feel it is appropriate for you as a potential franchise owner to determine what your sales, expense and income may be.
Prior to the "Ride Along", you will be guided by a Snap-on representative on an interactive online tour of our franchise opportunity, part of which includes receiving a copy of our Franchise Disclosure Document (FDD). We recommend you carefully review the FDD with your accountant and legal advisor. During the call with your accountant, Item 14 of the FDD will be discussed in detail.
Starting a small business isn’t easy, but Snap-on can help. For many of our franchisees, securing financing is an important part of the process. We are one of the few franchising companies that offers in-house financing. You may qualify to finance your business through our affiliate, Snap-on Finance, which has financing programs that could meet your initial needs.
There are a variety of potential financing sources. A few are:
Snap-on recommends that you speak with your financial, tax and/or legal advisor to determine your financing options.
AU/NZCanadaUSAUKOther SelectNSWQLDSATASVICWANZ See our Privacy Policy on how we use your data.
Thank you for your submission!