Snap-On franchise research

Investment by format

Format-specific estimates only. Do not combine one format's minimum with another format's maximum.

Investment sourceFDD p.27 ↗

Franchise fees and ongoing costs

Franchise fee

$8,000 to $16,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review.

Royalty

No percentage royalty; flat Monthly License Fee of $156.00 (may rise yearly by lesser of $50 or 25%); franchisee earns margin on tools bought at 10%-43.9% discount from suggested prices

Marketing contribution

Not captured

Technology fee

$94.00 monthly software development, maintenance and support fee (may rise once per year by lesser of $50 or 25%)

Other fees

Van lease $2,839-$3,572/month plus $325/month maintenance (Snap-on Credit Van Lease Program); insurance $7,397-$27,366/year; Franchise Finance Program loan payment est. $1,702-$1,923/month (if financed)

Working capital (FDD Item 7)

Additional Funds - 3 Months: $5,399-$38,461 (total investment column); $14,891-$38,461 out-of-pocket with Franchise Finance Program financing

Fees sourceFDD p.20 ↗

Working capital is drawn from Item 7. The Investment source below locates the investment section, not an independently verified working-capital scalar.

Investment sourceFDD p.27 ↗

Franchise fee sourceFDD · page not captured ↗

Financial performance: Item 19

Item 19 captured

Yes

Metric / basis

Reported 'Paid Sales' (approximates total revenue) by tertile (top/middle/bottom third) of reporting franchises: average, median, highest, lowest; also split by franchises with/without an employee assistant; plus average product discount from suggested price as a gross profit guide

Reporting period

2025 reporting period (fiscal year ended January 3, 2026), U.S. and Puerto Rico

Sample

2,802 franchises that operated all 12 months of 2025 and reported full-year Paid Sales (934 per third); Table B (employee assistant) 309 per third, Table C (no assistant) 625 per third; 3,532 franchises operated in all or part of 2025

Reported average

$796,475

Reported median

Not captured

Owner income is not captured. Gross sales and EBITDA are not owner pay. Results depend on the disclosed metric, sample and period; consult the full filing.

Item 19 performance sourceFDD p.69 ↗

Unit growth: Item 20

Reporting year

2025 (fiscal year ended January 3, 2026)

Scope

franchised outlets

Starting outlets

3201

Year-end outlets

3159

Net change

-42

Derivation

ending minus starting outlets

Openings

195

Terminations

4

Non-renewals

1

Other closures

0

Reacquisitions

227

Transfers

141

Transfers are not closures. Net change is ending minus starting outlets for the stated scope and year, or complete openings less terminations, non-renewals, other closures and reacquisitions. Missing inputs stay unknown.

Unit growth sourceFDD p.74 ↗

SBA loan history

Loan activity

40 approvals

Activity window

FY2021-FY2026 YTD; snapshot 2026-06-30

Median SBA loan

$120,000

Median loan window

FY2023-FY2026 YTD through 2026-06-30

Median loan sample

21 loans

Historical charge-off share

17.31%

Cohort

7(a) FY2010-2019 approvals

Numerator / denominator

9 / 52

Formula

CHGOFF / (PIF + CHGOFF + EXEMPT) × 100

This is a historical loan-level share, not a franchise failure probability or location survival rate. Loan size is not total investment. Other loan statuses are excluded from the seasoned denominator. Activity combines 7(a) and 504 approvals, excluding canceled and not-funded records; this is not a rolling five-year count. FY2024-25 franchise tags are sparse after directory suspension; fewer tagged loans do not establish brand decline. Recent charge-off cohorts are immature.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Median loan amounts are financing context, not startup cost. The median window is separate from the seasoned charge-off cohort.

Median SBA loan sourceSBA data · Jun 30, 2026 ↗

Questions before you invest

How much does Snap-On franchise cost?

Estimated total initial investment (all costs, before financing): $223,439 to $509,283; Out-of-pocket with Snap-on Franchise Finance Program financing (van leased): $20,778 to $82,943 These are format-specific estimates, not a guaranteed cash requirement. Franchise fee: $8,000 to $16,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review..

Investment sourceFDD p.27 ↗

Franchise fee sourceFDD · page not captured ↗

How much do Snap-On owners make?

Owner income is not captured. Gross sales and EBITDA are not owner pay. Item 19 metric: Reported 'Paid Sales' (approximates total revenue) by tertile (top/middle/bottom third) of reporting franchises: average, median, highest, lowest; also split by franchises with/without an employee assistant; plus average product discount from suggested price as a gross profit guide. Sample: 2,802 franchises that operated all 12 months of 2025 and reported full-year Paid Sales (934 per third); Table B (employee assistant) 309 per third, Table C (no assistant) 625 per third; 3,532 franchises operated in all or part of 2025. Period: 2025 reporting period (fiscal year ended January 3, 2026), U.S. and Puerto Rico.

Item 19 performance sourceFDD p.69 ↗

What's the SBA charge-off rate for Snap-On?

17.31%; numerator / denominator: 9 / 52. Historical 7(a) FY2010-2019 approvals; CHGOFF / (PIF + CHGOFF + EXEMPT) × 100, snapshot 2026-06-30. This is not a franchise failure probability. Median SBA loan: $120,000; window: FY2023-FY2026 YTD through 2026-06-30; sample: 21 loans. Median financing is not total investment.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Median SBA loan sourceSBA data · Jun 30, 2026 ↗