Snap-on Tool Franchise For Sale. Fantastic Franchise Opportunity! Snap-On! Home-based with Low Overhead and Established Customer Base. Franchise is ranked as Entrepreneur Franchise 500 Top Tool Franchise since 2013, it was #30 overall for Entrepreneur Franchise 500 Top Franchises overall in 2018. The owner has nurtured strong relationships with his customer base over a period of 10 years, goodwill which a buyer can leverage and build on.
No tooling knowledge required; Franchisor offers excellent training (included in the Transfer Fee).
Forgo the startup pains and pay less by transferring the license (an approximately 40% reduction on license fee).
By purchasing this established business, a buyer can greatly accelerate his/her return on investment by collecting on revolving account balance almost immediately (or as soon as he/she is done with training).
Business model is to own mobile store and sell the #1 Professional tool brand in the world to professionals such as mechanics. The job entails driving to the customer on a protected list to sell and/or collect on the revolving account. This proven business model that has been honed over 95 years requires an agreeable personality with some business skill.
Not included in Transfer fee but required for business operations:
- Initial Inventory
-Can be purchased from Seller at 25% discount.
-Can be purchased from Franchisor who offers financing
-Current revolving account/AR (Approximately $96,000)
Franchisor approval of prospective buyers required.
Franchisor will provide Franchise Disclosure Document upon approval.