General
Year of Founding
Works with Franchise Brokers
Seeking Franchisees?
Fees & Financing
Franchise Fee
Min. Cash Required
Investment Range
Location units
Total U.S. Locations
U.S. Franchised Units
U.S. Corporate Units
Headquarters (City, State)
Square Footage
Retail Location?
Other
Item 19 - Franchise Financials
Started Offering Franchises
Issuance of FDD Data
E-2 Visa Eligibility
Job Count ?
Key Financial Indicators
%8
%8
%8
%8
%8
%8
%8
%8
Franchise Disclosure Document Summary
Download the latest Franchise Disclosure Documents (FDD’s) for this franchise.
Reported and Estimated Franchise Gross Sales and Earnings
Find available key financial metrics below.
Year
Amount for the period Y/Y % Change
Amount for the period Y/Y % Change
Amount for the period Y/Y % Change
2023
2022
2021
2020
2019
Franchise Openings and Closures
| Year | Start of year | Units opened | Units closed | Reacquired by franchisor | Total end of year |
|---|---|---|---|---|---|
| 2023 | 3,270 | 167 | 0 | 192 | 3,238 |
| 2022 | 3,287 | 190 | 1 | 203 | 3,270 |
| 2021 | 3,280 | 191 | 0 | 183 | 3,287 |
| 2020 | 3,302 | 191 | 2 | 203 | 3,280 |
| 2019 | 3,327 | 193 | 4 | 214 | 3,302 |
| 2018 | 3,340 | 217 | 1 | 229 | 3,327 |
| 2017 | 3,340 | 192 | 1 | 191 | 3,340 |
| 2016 | 3,295 | 242 | 3 | 194 | 3,340 |
Detailed Metrics
Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz.
You can find the available metrics for Snap-on Tools below.
“N/A” or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable.
When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.
Franchise Health Metrics
1 year / 3 years
1 year / 3 years
1 year / 3 years
Snap-on Tools
Industry median
All franchises median
Franchise Viability Benchmarking
Investment Midpoint
Franchise Fee Midpoint
Franchise Payback Period
Gross sales
Royalty Fee
Snap-on Tools
Industry median
All franchises median
$349,530
$8888
$8888
$12,000
$8,888
$8,888
8.8 years
8.8 years
8.8 years
$8,888
$8,888
$8,888
N/A
8%
8%
Franchisor Financials
Year
Franchisor Revenue
Amount for the period Y/Y % Change
Franchisor Royalty Fees
Amount for the period Y/Y % Change
Franchisor EBITDA
Amount for the period Y/Y % Change
Franchisor Net Income (Loss)
Amount for the period Y/Y % Change
2022
2021
2020
2019
Item 19 – Financial Performance Representations
Historical financial performance representations
Franchise Financials
Franchisor company financial information and financial performance representations, if disclosed by the franchisor.
Lawsuits and Litigation
Pending and concluded litigation
Bankruptcies
Disclosed bankruptcy information
What to know about Snap-on Tools franchise?
Since its inception in 1920 , Snap-on Tools franchise has stood as a cornerstone in the global Retail. With a pioneering role in the franchise business, Snap-on Tools has consistently set the standard for excellence and innovation. It's worth noting that Snap-on Tools began offering franchises in 1990, marking a significant milestone in the company's history.
Additional Details
Interested in becoming a franchise owner but not sure where to start?
Take our free assessment to get a free professional franchise consultation.
You may also be interested in
Investment Range
$443K-$853K
Founding Year
2016
Total U.S. Units
59
Investment Range
$133K-$1.99M
Founding Year
1972
Total U.S. Units
4994
Investment Range
$830K-$3.22M
Founding Year
1967
Total U.S. Units
122
Investment Range
$519K-$967K
Founding Year
2020
Total U.S. Units
271