You will find that a Snap-on franchise has
a relatively low initial license fee, a low
monthly fee, no advertising fee and no initial
training fee. And, since you have a mobile
store, you don't have all the expense most
fixed-site franchises have, and you won't even
have employee expenses unless you choose to
expand your operation. This lower overhead
makes it easier for you to invest in your business
and build your equity and net worth. In addition,
Snap-ons financing affiliate Snap-on
Credit offers a variety of financing programs
to finance the majority of the investment with
down payments as a low as $25,000 for qualified
applicants.
Depending on how you pay for various parts
of the business and including whether you buy
or lease your mobile store, total investment
can vary. Snap-on estimates:
- The total initial investment range for a Standard Snap-on Franchise is between $145,913 - $281,959.
- The out-of-pocket up-front cost is between $38,103 - $49,123, which includes Snap-on Credit’s standard down payment.
- Snap-on Credit has financing programs available
that may meet your initial investment needs.
Snap-on also offers the Gateway Franchise
Program that allows you to operate the business
for 2 years and build up your own cash equity
in the business before making the full investment
described above.
- Snap-on estimates that the Gateway Franchise investment range is between $17,619 - $81,139.
- Snap-on Credit has financing programs available
that may meet your initial investment needs
You will receive our Franchise Disclosure
Document (FDD) and a simple worksheet that
will help you develop a budget. You can contact
existing franchisees for help in completing
the worksheet so you can get an understanding
of potential earnings.