Snap-on Tools vs Firemasters (Canada) Franchise Comparison

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

Start-Up Costs and Fees
 
Snap-on Tools Franchise
Firemasters (Canada) Franchise
Investment $192,935 - $490,150$10,350 - $571,000
Franchise Fee $8,000 - $16,000N/A
Royalty Fee $125/mo.-
Advertising Fee --
Year Founded 19201949
Year Franchised 19911987
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 50% of current license fee-


Business Experience Requirements
 
Snap-on Tools Franchise
Firemasters (Canada) Franchise
Experience --

Financing Options
 
Snap-on Tools Franchise
Firemasters (Canada) Franchise
  In-House/3rd PartyIn-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
 
Snap-on Tools Franchise
Firemasters (Canada) Franchise
Training --
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations-
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
 
Snap-on Tools Franchise
Firemasters (Canada) Franchise
US Expansion --
Canada Expansion No-
International Expansion Yes-

Company Overviews

About Snap-on Tools

In 1920, a particular wrench could only do one particular job, but Joseph Johnson had an idea to change that. Along with William Seidemann, he began manufacturing ten different sockets that would "snap on" to five interchangeable wrench handles, so that one tool could do the work of five. The Snap-on Wrench Company's representatives sold these new products by taking them to the customers at their places of business and demonstrating their use.
Today, Snap-on Tools franchisees sell far more than just wrenches. They offer over 22,000 products, including hand tools, power tools, diagnostic tools, tool storage and shop equipment, but the way they sell is much the same. Once a week they bring their "mobile stores"--trucks filled with their products--directly to their customers, which include car dealerships, mechanics, marinas and airports.

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Franchisor is seeking new franchise units in the U.S., Africa, Asia, Australia/New Zealand, Canada and Western Europe 
Veteran Incentives  $20,000 off startup inventory  
"Top    ""     

""         "Entrepreneur
#22 in Canada's Top franchises.
In Franchise Business Reviews Top 200.
#31 in Franchise 500 for 2020.
#48 in Franchise 500 for 2021.








About Firemasters (Canada)

Firemaster is proud to be serving the oil and gas industry since 1980 and has maintained our leadership role in this increasingly competitive industry. We are also proud of our company’s dedication to provide quality services in a safe working environment, with the highest level of expertise and performance.

Our Safety and Loss Prevention Program is accredited under the Occupational Health and Safety Partnerships Program. It has been created in accordance to guidelines and standards from PSAC (Petroleum Services Association of Canada), NFPA (National Fire Protection Association) and CSA (Canadian Standards Association).

We are poised to continue to build on our proven track record of service excellence, our greatest asset.

Firemaster strives to exceed the industry standards of job site and shop safety, training and equipment maintenance.