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Below is an in-depth analysis and side-by-side comparison of Snap-on Tools vs Chemex including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $192,935 - $490,150 | $55,200 - $71,200 |
Franchise Fee | $8,000 - $16,000 | N/A |
Royalty Fee | $125/mo. | - |
Advertising Fee | - | - |
Year Founded | 1920 | - |
Year Franchised | 1991 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 50% of current license fee | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | Our training of new franchisees starts with a residential two week induction course at our head office in the West Midlands. We normally have only 2 or 3 new franchisees on our training courses, as we want to ensure you get the best possible personal attention from our management team. |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | The high quality support offered by Chemex continues throughout your career as a franchisee. Whether it is advice on how to develop your business into a multi-van operation or advice on what product to use on a particular application that is needed, the support will always be there from Chemex. Our proven business system has set many of our franchisees on the path to success; we hope that it can do the same for you. |
Marketing | - | - |
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 |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Chemex was established in 1985 to serve the 2.5 billion cleaning and hygiene market in a unique way via a network of franchised owner operators sharing a common goal to provide high quality products at excellent value for money with a standard of service unmatched in the industry. Now it has grown from humble beginnings as the 'One Stop Chemical Shop' in a single unit to bigger premises in Tamworth in Staffordshire as the better known 'Chemical Express' and more recently as a hundred strong UK network in the guise of Chemex International based in the heart of the Midlands in a custom built four and a half acre site. We are one of the leading mobile distribution companies in Europe with International partners in six countries. With ISO 9001-2000 accreditation and on site Environmental accreditation 14001 the Chemex product range has well over 150 established products and includes a number of blue chip companies among our 30,000 strong repeat order customer base - spanning just about every market sector imaginable.