Cornwell Tools vs Snap-on Tools Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Cornwell Tools vs Snap-on Tools including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Cornwell Tools Snap-on Tools
Investment 59525 - 272825 192935 - 490150
Franchise Fee 0
Royalty Fee $125/mo.
Advertising Fee
Year Founded 1919 1920
Year Franchised 1997 1991
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Cornwell Tools Snap-on Tools
Experience

Financing Options
  Cornwell Tools Snap-on Tools
 
Franchise Fees No
Start-up Costs Yes No
Equipment No
Inventory Yes No
Receivables Yes No
Payroll No

Training & Support
  Cornwell Tools Snap-on Tools
Training On-The-Job Training: 80 hours Classroom Training: 40 hours
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing A number of sales and marketing advantages go along with being part of the Cornwell Team. These have been proven to assist the Cornwell Tool Dealer in the quest for success. As a Franchised Tool Dealer you benefit from: * Free catalogs! * Monthly promotional flyers to hand out to customers with special discounts and featured items * National brand advertising in major automotive aftermarket magazines and racing programs * Special programs for aggressive discounts, proprietary tools, or specific customer promotions * A full support staff of Customer Service Representatives * A National Cornwell Rally with vendors, training, fun and recognition with Top Performers awarded on both Regional and National levels Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Email marketing Loyalty program/app
Operations Franchise can be run from home. 3.4% of all franchisees own more than one unit Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Expansion Plans
  Cornwell Tools Snap-on Tools
US Expansion Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
International Expansion Australia,New Zealand, Canada,

Start-Up Costs and Fees Mobile
Investment
Cornwell Tools
Snap-on Tools
Franchise Fee
Cornwell Tools
Snap-on Tools
Royalty Fee
Cornwell Tools
Snap-on Tools $125/mo.
Advertising Fee
Cornwell Tools
Snap-on Tools
Year Founded
Cornwell Tools 1919
Snap-on Tools 1920
Year Franchised
Cornwell Tools 1997
Snap-on Tools 1991
Term Of Agreement
Cornwell Tools
Snap-on Tools 10 years
Renewal Fee
Cornwell Tools
Snap-on Tools 50% of current license fee


Business Experience Requirements
Experience
Cornwell Tools
Snap-on Tools

Financing Options
 
Franchise Fees
Cornwell Tools
Snap-on Tools
Start-up Costs
Cornwell Tools
Snap-on Tools
Equipment
Cornwell Tools}
Snap-on Tools
Inventory
Cornwell Tools
Snap-on Tools
Receivables
Cornwell Tools
Snap-on Tools
Payroll
Cornwell Tools
Snap-on Tools

Training & Support
Training
Cornwell Tools On-The-Job Training: 80 hours Classroom Training: 40 hours
Snap-on Tools
Support
Cornwell Tools Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Snap-on Tools Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing
Cornwell Tools A number of sales and marketing advantages go along with being part of the Cornwell Team. These have been proven to assist the Cornwell Tool Dealer in the quest for success. As a Franchised Tool Dealer you benefit from: * Free catalogs! * Monthly promotional flyers to hand out to customers with special discounts and featured items * National brand advertising in major automotive aftermarket magazines and racing programs * Special programs for aggressive discounts, proprietary tools, or specific customer promotions * A full support staff of Customer Service Representatives * A National Cornwell Rally with vendors, training, fun and recognition with Top Performers awarded on both Regional and National levels Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Email marketing Loyalty program/app
Snap-on Tools
Operations
Cornwell Tools
Snap-on Tools Franchise can be run from home. 3.4% of all franchisees own more than one unit Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Expansion Plans
US Expansion
Cornwell Tools Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Snap-on Tools
Canada Expansion
Cornwell Tools
Snap-on Tools
International Expansion
Cornwell Tools
Snap-on Tools Australia,New Zealand, Canada,