Discovering the Business
Understanding the Next Steps
After you take at least one ride-along with a franchisee business owner we'll want to hear your feedback and that of the owner you rode with to access the next step in the discovery process.
Investment
A Snap-on Tools Franchise business needs several components before it can open for business:
- An expansive inventory of the best tools for your customers.
- A mobile store designed to impress and support employees and customers
- Accounts Receivable & Initial License Fee
Depending on the payment method for the various parts of the business, including the purchase or lease of the mobile store, the initial out-of-pocket expense will vary. The initial out-of-pocket expenses for a franchise when using Snap-on Credit financing range from $20,088 - $76,685. This includes $14,472 - $27,516 in additional funds for working capital. The estimated total investment range is from $217,505 - $481,554.
Financing
Snap-on and our affiliate Snap-on Credit are here to help, if qualified, Snap-on Credit can help with financing options. Other potential finance sources can include:
- Your bank
- SBA Financing
- Cash Payment
We recommend you speak with your financial, tax and legal advisors to determine your best financing options.
FDD Disclosure
The Franchise Disclosure Document (FDD) is a document required of all franchisors by the FTC and is designed, in part, for your protection. It describes in detail the Snap-on Tools Franchise opportunity. As part of your upcoming call, our Regional Franchise Manager will provide you with the Snap-on Tools FDD and be available to help you further discover our Snap-on Tools franchise business.
Additional Information
As part of the discovery process, we will request you complete & pass the Department of Transportation Physical, a drug test, a background check, and a credit application. For additional information regarding the items you will need to accomplish prior to having the opportunity to purchase a Snap-on Tools Franchise business we have prepared an informational guide for you. You will have an opportunity to review the guide with your Regional Franchise Manager during your upcoming call.
A Peek at What's to Come