SNAP-ON FRANCHISE Pros & Cons of Being a Snap-on Dealer
May 20, 2012
Are you familiar with the Snap-on dealer franchise opportunity? Please share a comment below.
This is my input about being a Snap-on dealer…..
The products are good and hold up well for the most part.
The brand name is strong.
The support is probably better then what you may get driving the other trucks.
You will make an average living if you are newer into this job.
You will work more then 60 hours a week.
You will have an endless amount of cardboard and packing paper.
You will be a bill collector.
You will be on and off credit hold.
You will have little time or the money to take any days off.
You will get pressure from managers to keep buying tools.
You will be charged a very high interest rate on your truck and inventory loan when you get started.
You will never really own your route like they say you do. Snap on has the first right of refusal on the sale of your franchise.
You will be forced to deal with non paying customers.
Your head count of customers will always be less then it should be.
You will be forced to sign up in programs as a new dealer you may not like.
You will never fully understand how to manage your statements.
You will have tools show up at your house you don’t remember ordering.
You will have to buy merchandise to raffle off just to get your customers to pay you on time.
You will always have an asset manager telling you that your retaining too much money.
You can never sell any tools to any person outside your list of calls. Even if that person happens to jump in your truck from the street.
You can never have more then 5 routes at once.
You can’t hire anyone to help you in your truck unless that person is approved through snap on management.
You never always get the best deal when a product goes on sale.
Your management sales team will always lie to you if they can get you to buy more tools.
You will have to spend many extra hours every week checking your tool bill making sure there something there that shouldn’t be.
You will wait months for a new tool return credit.
You will spend a lot of time fixing hand ratchets, replacing screw driver blades and replacing bits on sockets. You do that for no compensation from snap on.
You will hear every story in the book from customers when they have no money to pay for there tool bill.
You will be hounded from snap on credit when something needs to be repossessed.
You are not allowed to make a profit on anything you reposses if the customer still owed a balance.
You will eat shipping cost on repairs that are still under warranty.
You will have back order problems.
You will have your garage stuffed with many tool boxes you don’t need.
You will see many of the same items on sale all the time.
There is much more to write but you get the point. Just remember one thing. You as a Snap-on dealer are never an independent business person. You are Snap-on’s runner and they control you. They put you in business and can take you out at any time. So anyone reading this thinking of becoming a Snap-on dealer. I would look another direction.
ARE YOU A SNAP-ON DEALER OR EX-SNAP-ON DEALER? ARE YOU FAMILIAR WITH THE SNAP-ON TOOLS FRANCHISE OPPORTUNITY? SHARE A COMMENT BELOW.