Franchises · 2026 FDD · Wisconsin DFI filing 641106
Snap-on Tools franchise cost, unit revenue and closures
Opening a Snap-on Tools cost $223,439 to $509,283 in the 2026 FDD; the franchisor's revenue disclosure has no single unit figure; 0.2% of franchised units closed over three years.
Franchisor: Snap-on Tools Company LLC. FDD issued 2026-02-13. Fiscal year end 2026-01-03. Figures re-found on the cited page 2026-11-03.
What a unit costs to open
Estimated Total Initial Investment column; the out-of-pocket column with the Franchise Finance Program is $20,778 to $82,943.
What a unit pays the franchisor
| Initial franchise fee | Initial License Fee $8,000 to $16,000 | Item 5, p. 7 |
|---|---|---|
| Royalty | no percentage royalty; Monthly License Fee $156 (flat) | Item 6, p. 9 |
| Advertising fund | none: no advertising fund or cooperative is required (Item 11) | Item 6, p. 9 |
total initial fees $151,500 to $173,500 including $140,000 to $154,000 of initial inventory and a $3,500 software license fee.
The franchisee's ongoing payments to Snap-on are product purchases and financing payments, not a share of sales.
What a unit sells
Item 19 is optional and is the franchisor's own representation. It is shown here as filed, with the franchisor's measure, sample and period, and nothing is estimated where it is missing.
Item 19 present, no single unit figure. 2025 Paid Sales for all 2,802 reporting franchises split into thirds (Table A): top third (934) average $1,143,457, median $1,072,587; middle third (934) average $761,425, median $756,291; bottom third (934) average $484,542, median $502,249; no all-franchise row (Item 19, p. 57).
Sample: 2,802 franchises reporting Paid Sales for the 2025 reporting period (US and Puerto Rico), presented in thirds; Tables B and C split the same data by whether the franchise reported an employee. Period: 2025 reporting period.
Revenue to investment
Undefined: Item 19 gives thirds with no combined figure.
How many units open and close
| Franchised units | 2023 | 2024 | 2025 |
|---|---|---|---|
| Start of year | 3,270 | 3,238 | 3,201 |
| Opened | 167 | 182 | 195 |
| Terminated | 0 | 2 | 4 |
| Not renewed | 0 | 0 | 1 |
| Reacquired by franchisor | 192 | 212 | 227 |
| Ceased, other reasons | 0 | 0 | 0 |
| End of year | 3,238 | 3,201 | 3,159 |
| Company-owned, end of year | 140 | 143 | 169 |
Item 20, Table 1 p. 61; Table 3 totals p. 68.
Closures are the franchisor's Item 20 counts of units terminated, not renewed, or ceased for other reasons, summed over 2023–2025 and divided by franchised units at the start of 2023. Units the franchisor reacquired are not closures. This is an Item 20 count, not a failure rate.
company-owned rows are total minus franchised as printed.
As filed: none of the three rows sums (2023 by 7, 2024 by 5, 2025 by 5); the filing's note counts outlets under signed agreements that were not yet operating at year end. The Reacquired column holds outlets whose franchisee ceased operating and whose assets Snap-on took back, so the Ceased column is zero.
Source and method
Every figure above comes from the Snap-on Tools Franchise Disclosure Document issued 2026-02-13, as filed with the Wisconsin Department of Financial Institutions (filing 641106, registry record). The PDF is the franchisor's and is not hosted here; the item and page beside each figure is where to check it. Item 7 and Item 20 tables were read cell by cell; Item 19 was read by hand; each Item 20 year was checked to sum (start + opened − exits = end) before it was recorded.
A mobile tool-distribution franchise: the franchisee buys products from Snap-on and resells them from a van. There is no percentage royalty or advertising fund; the initial fees are mostly inventory..
Informational only, not professional, legal or investment advice. Unitnomics computes from the filing and does not advise on, rank, or refer to any franchise. Last reviewed: November 2026.