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Snap-on Tools UK Franchise

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Snap-on Tools franchise is a distributor of automotive tools and equipment to the professional technician. Snap-on Tools is a 'mobile store' van-based franchise business opportunity. Snap-on is a full member of the British Franchise Association.

How much does a Snap-on Tools franchise cost?

The total cost of a Snap-on franchise is £66,760 + VAT (VAT is reclaimable) , of which you need a minimum of £17,960 to get started

 

Snap-on is a leader in the industry and our tools are universally recognised by professionals as the absolute highest quality in the industry. Snap-on Franchisees are in the enviable position of selling exclusive, premium products to their customers and you don’t need to just take our word for it. In an independent industry survey Snap-on was the clear number 1 choice of the professional technician:

    • Hand Tools – 75% chose Snap-on
    • Power Tools – 49% chose Snap-on
    • Tool Storage – 68% chose Snap-on
    • Diagnostics – 62% chose Snap-on

Established back in 1920, we have been in business for 97 years, and been in the UK for 47 years. With a Franchise system of over 4,700 Franchisees selling over 22,000 products you can have complete confidence that coming into business with Snap-on means coming into business with the best.

What makes Snap-on different?

    • Exclusive Defined Territory: Fully surveyed with every call identified
    • It’s Mobile: You go directly to your customers, who are waiting for you
    • Brand Leader: Snap-on is the most in-demand product in its category
    • No Royalties or Advertising Fees: You keep 100% profit
    • Unrivalled Training & Continued Support: Dedicated Franchise Performance Team to help Develop your franchise and your Sales potential
    • Global Franchise Support: We have a staff ration of 2:1 to every Franchise
    • Growth Potential: Option to own multiple territories

The Franchise Package

The Investment: The total cost of the Franchise is £66,760 + VAT (VAT is reclaimable) and Snap-on has their own in-house finance group, Snap-on Finance, who can finance the vast majority of your business (subject to financial approval) for you. What better place to start than with a bank that’s only customers are Snap-on Franchisees or their end customers.

Coming in through the Snap-on Financed route you will need to raise £17,960 yourself which includes your working capital and all associated costs for setting up the business. We will then finance the rest.

You will get many benefits from using the Snap-on Finance loan programme because we all want the same thing – successful, profitable franchisees. Some benefits include a three month deferred first payment so you can get the business off the ground, plus a 5% cash settlement discount just for paying your tool bill every week!

Employed – You start as an employed Sales Representative on a salary for 11 months (maximum) to enable you to build the capital required to flip to a consigned Franchisee. Very limited spaces available, invitation only

The Training: We will fly you to our dedicated training school in Dallas and teach you everything you will need to know about running a Snap-on Franchise. You will learn: Product Knowledge, Salesmanship, Credit Selling, Customer Service, Collection Skills, Business Administration, Computer Training. You will then come into our Head Quarters to tour the facility, meet some of the staff and collect your own mobile store.

 

Unrivalled Support: Snap-on Franchisees are assigned to a Franchise Performance Team who have clearly defined roles in order to offer the best support system.

As a new Franchisee you will work with a Franchise Developer for the first 12 months you are in business. They will start by coming out with you for 17 days in the fist five weeks, starting with 5 days, the easing you off to 4-3-3-2 to make sure you are really comfortable running your business. They will then work with with you for the duration of your first twelve months developing your business and ensuring you maximise all your opportunities.

After your first year a Sales Developer will then work with you for your duration as a Snap-on franchisee. Their role is to help you develop your sales, ensuring you can maximise your profit potential.

You will then meet with your Franchise Performance Team and the other Franchisees they look after on a monthly basis to see new promotions and products and exchange ideas.

Success: Our Franchisees come from all walks of life, their success is built from their ability to build and work their customer relationships, their motivation and commitment to the business. You do not need to know how to use the tools to sell them.

What our franchisees have to say:

“I enjoy getting out there on my own. There are different challenges every day and I meet lots of new people. If I have a good day, I can give myself a pat on the back, if I have a bad day, I've only got myself to blame. Not that there isn't a great support network too; if something really does go wrong, there's always someone to talk to at the end of the phone.”
Pete Eccles, Franchisee for 14 years


“The Snap-on Franchise has changed my life quite considerably, I feel like I am in charge of my own destiny now, rather than working for somebody doing the same thing Monday to Friday 9 – 5 I am now driving my own business forward, being able to create my own goals, and achieve my own achievements”
Nick Allen, Franchisee for 9 years


The highs of running the franchise have been the year-on-year growth which has been generated through his loyal customer base. “We always go forward, we've never even levelled off,” he says.
Phil Dew, Franchisee for 33 years

What’s next?

If you would like to continue to learn more about the Snap-on Franchise opportunity simply fill out the contact form and we will send you a Franchise information pack. We can then arrange for one of our dedicated Field Managers to talk to you, or for you to find out more at one of our Discovery days held at our Head Office. Whichever route suits you, be sure the only commitment we need from you is the time to share our great story.

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