Start-Up Costs and Fees |
||
| Snap-on Tools | Matco Tools | |
| Investment | 192935 - 490150 | 78082 - 274327 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | $125/mo. | 0 |
| Advertising Fee | ||
| Year Founded | 1920 | 1979 |
| Year Franchised | 1991 | 1993 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Snap-on Tools | Matco Tools | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Snap-on Tools | Matco Tools | |
| Franchise Fees | No | Yes |
| Start-up Costs | No | Yes |
| Equipment | No | No |
| Inventory | No | Yes |
| Receivables | No | Yes |
| Payroll | No | No |
Training & Support |
||
| Snap-on Tools | Matco Tools | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Marketing | National media, Regional advertising | |
| 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) | Franchise can be run from home. 1%% 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 | Matco Tools | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion | Australia,New Zealand, Canada, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Snap-on Tools | |
| Matco Tools | |
| Franchise Fee | |
| Snap-on Tools | |
| Matco Tools | |
| Royalty Fee | |
| Snap-on Tools | $125/mo. |
| Matco Tools | 0 |
| Advertising Fee | |
| Snap-on Tools | |
| Matco Tools | |
| Year Founded | |
| Snap-on Tools | 1920 |
| Matco Tools | 1979 |
| Year Franchised | |
| Snap-on Tools | 1991 |
| Matco Tools | 1993 |
| Term Of Agreement | |
| Snap-on Tools | 10 years |
| Matco Tools | 10 years |
| Renewal Fee | |
| Snap-on Tools | 50% of current license fee |
| Matco Tools | |
Business Experience Requirements |
|
| Experience | |
| Snap-on Tools | |
| Matco Tools | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Snap-on Tools | No |
| Matco Tools | No |
| Start-up Costs | |
| Snap-on Tools | |
| Matco Tools | |
| Equipment | |
| Snap-on Tools} | |
| Matco Tools | |
| Inventory | |
| Snap-on Tools | |
| Matco Tools | |
| Receivables | |
| Snap-on Tools | |
| Matco Tools | |
| Payroll | |
| Snap-on Tools | |
| Matco Tools | |
Training & Support |
|
| Training | |
| Snap-on Tools | |
| Matco Tools | |
| Support | |
| Snap-on Tools | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Matco Tools | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Marketing | |
| Snap-on Tools | |
| Matco Tools | National media, Regional advertising |
| 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) |
| Matco Tools | Franchise can be run from home. 1%% of all franchisees own more than one unit Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Snap-on Tools | |
| Matco Tools | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Snap-on Tools | |
| Matco Tools | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Snap-on Tools | Australia,New Zealand, Canada, |
| Matco Tools | |