Snap-on Tools Franchise Profile

Snap-on Tools offers a license to operate a franchised mobile store whose core business is to sell high-quality repair and diagnostic tools and equipment to professional mechanics and other tool users throughout the United States.

The brand Snap-on Tools offers franchise opportunities under the legal name of the company ”Snap-on Tools Company LLC.” whose principal business address is 2801 80th Street, KENOSHAWI 53143, USA.

Franchise Legal Name: Snap-on Tools Company LLC

Franchise Trade Name (DBA): Snap-on Tools

Founded: 1920 in Milwaukee, Wisconsin, USA

Founder: Joseph Johnson and William Seidemann

Current Owner: Snap-on Inc.

CEO: Timothy L. Chambers

Operating Status: Active

Started Franchising: 1991

Industry:  Automotive Maintenance

The Total Number of Stores Worldwide: 4,771

The Total Number of U.S Based Franchisee-Owned Units: 3,304

Investment Cost for Starting One Franchise Unit in the USA:

  • From $175,146 to $411,941 to start Snap-on Tools licensed mobile store.

Average Gross Sales per One U.S.-Based Franchise Unit:

  • Approximately $650,000 per year.

Expected Franchise Owner Profit Margin From Gross Revenue:

  • 25% Profit Margin


Franchise Business Address:

  • 2801 80th Street, KENOSHAWI 53143, USA

Website: Franchise Opportunities | Snap-on Tools

Franchising Inquiry E-Mail: 

Snap-on Tools Franchisee Initial and Ongoing Financial Requirements

Net Worth:$37,000 – $55,000

Liquid Assets/Cash Requirement: $37,000

Initial License Fee Cost: $8,000 – $16,000

Ongoing Monthly/Weekly Franchisee Royalty Fees:

  • Monthly License Fee: $135.00

Snap-on Tools Average Annual Gross Sales Level per One Franchise Unit

  • The franchisee of an average-earning Snap-on Tools franchised store can expect to make approximately $650,000 in Gross Sales per year.

Number of U.S. – Based Snap-on Tools Stores by Years

  • At the beginning of 2023, there were 4,771 Snap-on mobile stores in worldwide locations; 3,304 of them are U.S-based franchisee-owned locations.

  • In 2022 there were 3,297 franchisee-owned and 192 franchisor-owned mobile stores in the USA.

  • In 2021 there were 3,281 franchisees-owned and 196 company-owned mobile stores operating in the USA.

  • In 2020 3,312 franchisees-owned and 207 company-owned mobile tool trucks were operating in the USA.


Timothy L. Chambers has been a President and Chief Executive Officer of Snap-on Tools since February 2019.

Nicholas T. Pinchuk, W. Dudley Lehman, Karen L. Daniel, James P. Holden, Nathan J. Jones, Gregg M. Sherrill, Henry W. Knueppel, Ruth Ann M. Gillis, Donald J. Stebbins, David C. Adams are Snap-on Directors.

Michael G. Gentile was appointed President of Operations and Product Management in March 2019.

Aldo J. Pagliari has been Senior Vice President since April 2010

Jeffrey W. Howe was appointed as Vice President of North American Sales and Franchising in September 2016.

Clark Jamison has been Vice President of North American Franchising since November 2012.

Robert J. Hamilton has been Vice President of Finance since April 2014.

Brian B. Austin has been Vice President of U.S. Sales since January 2018.

Maria Joao Vieira has been Vice President of Customer Service since February 2014.

Gregory T. Mann has been Vice President of Marketing since September 2021.

Info Resources About Snap-on Tools Franchised Business

Written by:

Stuart MacPherson

Hi, I'm Stuart. I've been running my own small business since 2019 after leaving a successful career in finance. I created FranchiseTheory to share my enthusiasm for franchising and the franchise business model.

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