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Below is an in-depth analysis and side-by-side comparison of Snap-on Tools vs AMSOIL 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 | $50 - And Up |
Franchise Fee | $8,000 - $16,000 | N/A |
Royalty Fee | $125/mo. | - |
Advertising Fee | - | - |
Year Founded | 1920 | 1972 |
Year Franchised | 1991 | 0 |
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 | - | At Headquarters Manual By Video Online |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Newsletter Meetings Advertising/Marketing Sales Leads Technical Support Online Support Phone Support |
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) | - Business can be run from home. - Business can be run part-time. |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Amsoil Inc. is an American corporation based in Superior, Wisconsin that primarily formulates and packages synthetic lubricants and filters. The company's advertising slogan is The First in Synthetics. Amsoil uses multi-level marketing for distribution.
Amsoil products are sold through independent Dealers - people willing to invest time and effort into building a successful business. Amsoil provides training materials, administrative assistance, technical support and everything needed to build a successful Dealership. Own your own business, be your own boss and earn extra income.