Snap-On
Industrial & Commercial Services · Industrial Equipment Sales & Service
- Royalty
- $156 / yr
Annual flat fee
About Snap-On
Snap-on Business Solutions (SBS) is a leading global provider of innovative software, tools, diagnostic equipment, and service solutions, catering to professionals in the automotive, commercial, and industrial sectors. Founded in 1920, Snap-on is renowned for its commitment to high quality and service, establishing itself as one of the most recognized brands worldwide. Headquartered in Richfield, Ohio, SBS operates 16 offices globally and employs over 800 associates, delivering its services to customers in over 130 countries.
The company specializes in a diverse array of solutions for the aftersales market, including electronic parts catalogs, advanced diagnostic tools, and e-commerce solutions. By helping dealers improve first-time repair rates, boost sales of equipment and parts, and elevate customer satisfaction, Snap-on Business Solutions stands at the forefront of industry innovation. With a legacy of excellence and a dedicated team, Snap-on is synonymous with reliability and performance in the tools and service solutions it offers.
Key terms
- Franchise fee
$16k
- Additional Franchise license fee
Initial license fee $10,000; includes initial training for your employee, technology package and turnkey office supply package.
- Renewal Franchise license fee
Initial license fee $8,000; does not include initial training, technology package or turnkey office supply package.
- Employee Discount
If a current employee purchasing initial franchise, receive inventory with franchisee cost of $20,000 at no cost.
- Unassociated Dealer inventory incentive
May provide a portion of initial inventory without cost at time you become a Franchisee.
- Additional Franchise inventory incentive
From time to time Snap-on may offer an inventory incentive at no cost for Additional Franchise purchases.
- Veteran discount
Veterans Discount: receive inventory with a franchisee cost of $25,000 at no cost on purchase of initial Snap-on franchise.
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2026 filing); filings on file: 2025, 2026.
Growth
- Total locations—
Franchised units open at year-end
- New openings—
Gross new units opened during the calendar year
- 1-year unit growth rate—
Net unit growth versus prior year
- 3-year unit CAGR—
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio—
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$366k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open8 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate—
Percent of net sales paid to the franchisor
- Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.