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  • Last Year Rank: 77
  • Investment Range: $171,385 - $359,767
  • Initial Investment: $115,700 - $133,770
  • Category: Retail
78. Snap-on Tools

Company Description

Snap-on Tools is both a producer and marketer of high-end tools and equipment including hand, air and electric tools. Snap-on caters to automotive, heavy-duty, military, manufacturing and aviation industries.

Founded by Joseph Johnson and William Seidemann, the first location was opened in Milwaukee, Wisconsin, in 1920. Snap-on has a network of approximately 5,000 stores.

Company Statistics

  • Global Sales: $1,649,500,000
  • US Units: 3,460
  • International Units: 1,339
  • Total Units: 4,799
  • Percent Franchised: 96%
  • % International Units: 28%
  • US Franchised Units: 3,321
  • International Franchised Units: 1,269
  • Sales Growth %: 0.0%
  • Unit Growth %: -0.2%