Established Snap-on Tools Franchise Home Based ...

San Fernando Valley, CA
Ventura County

Asking Price: Annual Revenue:
$96,000 $517,678

Wholesale/Distribution: Durable Goods

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RE: Established Snap-on Tools Franchise Home Based ... Broker: Jonathan Gereige

Quick Facts

Asking Price: $96,000
Annual Revenue: $517,678
Net Profit: Not Disclosed
Cash Flow: $99,913
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2009
Employees: Not Disclosed
BBN Listing #: 284454103
Broker Reference #: VENTUCA003-N5

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Business Overview:

Want to own a Snap-on Tool Franchise? Buy an established one with a current backlog and forgo startup pains. Home-based… Low Overhead… Tax Benefits… Great Reputation… Own your Schedule Established in 1920, Snap-on Tools has an excellent reputation for both quality of product and being a great franchising company. This goodwill that is inherent in the Snap-on Tools brand is leveraged by franchise owners across the country making it one of the best franchises to own: Ranked at No. 30 on Entrepreneur’s 2018 Franchise 500 list. This is an ideal business for people with an agreeable personality that have some business background. Mechanical/Tooling knowledge is a plus but NOT a requirement. Included in the Franchise Transfer Fee is training provided by Franchisor. This business is mainly about relationships. The job entails driving to the customer to sell and/or collect on the revolving account. You get to know and establish relationships with customers who love and are excited about your product. Established Business…. … No Ramp-up required…No Startup Headaches By buying this business, a buyer will gain the advantage of being able to start getting his return on investment almost immediately. The owner is selling his revolving account balance which a buyer can start collecting on as soon as he/she is done with training. This business built over 10 years, has nurtured strong relationships with their customers and the owner will stay on to introduce the buyer and train him/her as required. A buyer will need to have both a truck/van and inventory. This inventory can be purchased from the owner at a reduced price or directly from Franchisor who offer financing options. The franchise transfer fee is $10,000. All prospective buyers need to be approved by Franchisor who will provide a Franchise Disclosure Document upon approval.

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Reason for Selling:

Seller is relocating. Seller will be purchasing a new route near his residence.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is a franchise resale opportunity.

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