FRANCHISE ANALYZER

Snap-on Tools

Joseph Johnson and William Seidemann started Snap-On Wrenches in 1920. They sold kits that consisted of five wrenches and ten interchangeable socket heads. The two would travel to garages, marinas - anywhere their tools might be useful - and hold demonstrations. Customers were impressed and Snap-On quickly grew a healthy following of loyal clientele. Snap-On Tools still holds true to its roots, providing on-site delivery to thousands of shops and garages. They have expanded their inventory quite substantially and now offer well over 20,000 different varieties of hand held tools through nearly 5,000 franchises in several countries.

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Start-up Cost:$19.5K - 275.8K

ROI:

Sentiment:

Crystal Ball:

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