Franchise news

03.06.2009

Snap-on tops mobile tool franchises in '2009 AllBusiness AllStars'

The Snap-on Franchise has announced that it has ranked highest among mobile tool franchises and in the top 100 franchises overall in the recent Dun & Bradstreet's (D&B) AllBusiness.com "2009 AllBusiness AllStars." Snap-on also ranked 22nd for system size among the AllBusiness AllStars.

This first annual ranking of the top 300 franchises was developed by AllBusiness.com editors over a six-month review period and is based on "the in-depth financial analysis" of its parent company, D&B. According to AllBusiness.com, the top winners "all have a strong financial foundation to survive and prosper in these recessionary times."

In an overview of Snap-on's ranking, AllBusiness.com editors said: "With almost 90 years in the professional tools business, Snap-on Tools has strong brand awareness and an expert reputation. Popular as an option for investors looking for a home-based opportunity, Snap-on gives franchisees two means to enter into the system: either as a standard franchise or a trial option called a Gateway Franchise."

"Snap-on appreciates being recognized by the AllBusiness editors in the top 100 among all franchise systems and the leader in the mobile tool sales category," said Tom Ward, president of the Snap-on Tools Group. "Snap-on, and as importantly our customers, understand the importance of a strong franchise system. Our franchisees take great pride in representing the world's most preferred tool brand by technicians, and we take great care in providing the support necessary to help our franchisees succeed." (kbp)


SNAP-ON TOOLS

direct selling of mechanics hand tools and professional equipments
» to the franchisor


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Snap-on tops mobile tool franchises in '2009 AllBusiness AllStars'

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