Start-Up Costs and Fees |
||
| Snap-on Tools | K & N Mobile Distribution Systems | |
| Investment | 192935 - 490150 | 67318 - 195307 |
| Franchise Fee | 0 | |
| Royalty Fee | $125/mo. | 9% |
| Advertising Fee | 1% | |
| Year Founded | 1920 | 1972 |
| Year Franchised | 1991 | 2008 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Snap-on Tools | K & N Mobile Distribution Systems | |
| Experience | ||
Financing Options |
||
| Snap-on Tools | K & N Mobile Distribution Systems | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Snap-on Tools | K & N Mobile Distribution Systems | |
| Training | * Entire system orientation * Product line and parts numbers introduction * One full day of learning product * Catalog and price book instruction * People skills instruction Training is a 10-day process with one day spent shadowing an experienced sales person, and one half-day learning our proprietary software. Also included: * Training videos * Strategies for selling to a variety of businesses * How to develop new accounts * Role playing * Discussing competition | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | ||
| Operations | Franchise can be run from home. 3.4% of all franchisees own more than one unit Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Snap-on Tools | K & N Mobile Distribution Systems | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion | Australia,New Zealand, Canada, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Snap-on Tools | |
| K & N Mobile Distribution Systems | |
| Franchise Fee | |
| Snap-on Tools | |
| K & N Mobile Distribution Systems | |
| Royalty Fee | |
| Snap-on Tools | $125/mo. |
| K & N Mobile Distribution Systems | 9% |
| Advertising Fee | |
| Snap-on Tools | |
| K & N Mobile Distribution Systems | 1% |
| Year Founded | |
| Snap-on Tools | 1920 |
| K & N Mobile Distribution Systems | 1972 |
| Year Franchised | |
| Snap-on Tools | 1991 |
| K & N Mobile Distribution Systems | 2008 |
| Term Of Agreement | |
| Snap-on Tools | 10 years |
| K & N Mobile Distribution Systems | |
| Renewal Fee | |
| Snap-on Tools | 50% of current license fee |
| K & N Mobile Distribution Systems | |
Business Experience Requirements |
|
| Experience | |
| Snap-on Tools | |
| K & N Mobile Distribution Systems | |
Financing Options |
|
| Franchise Fees | |
| Snap-on Tools | No |
| K & N Mobile Distribution Systems | No |
| Start-up Costs | |
| Snap-on Tools | |
| K & N Mobile Distribution Systems | |
| Equipment | |
| Snap-on Tools} | |
| K & N Mobile Distribution Systems | |
| Inventory | |
| Snap-on Tools | |
| K & N Mobile Distribution Systems | |
| Receivables | |
| Snap-on Tools | |
| K & N Mobile Distribution Systems | |
| Payroll | |
| Snap-on Tools | |
| K & N Mobile Distribution Systems | |
Training & Support |
|
| Training | |
| Snap-on Tools | |
| K & N Mobile Distribution Systems | * Entire system orientation * Product line and parts numbers introduction * One full day of learning product * Catalog and price book instruction * People skills instruction Training is a 10-day process with one day spent shadowing an experienced sales person, and one half-day learning our proprietary software. Also included: * Training videos * Strategies for selling to a variety of businesses * How to develop new accounts * Role playing * Discussing competition |
| Support | |
| Snap-on Tools | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| K & N Mobile Distribution Systems | |
| Marketing | |
| Snap-on Tools | |
| K & N Mobile Distribution Systems | |
| Operations | |
| Snap-on Tools | Franchise can be run from home. 3.4% of all franchisees own more than one unit Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| K & N Mobile Distribution Systems | |
Expansion Plans |
|
| US Expansion | |
| Snap-on Tools | |
| K & N Mobile Distribution Systems | |
| Canada Expansion | |
| Snap-on Tools | |
| K & N Mobile Distribution Systems | |
| International Expansion | |
| Snap-on Tools | Australia,New Zealand, Canada, |
| K & N Mobile Distribution Systems | |