Snap-on Tools vs Cornwell Tools Franchise Comparison

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

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


Business Experience Requirements
  Snap-on Tools Cornwell Tools
Experience

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

Training & Support
  Snap-on Tools Cornwell Tools
Training On-The-Job Training: 80 hours Classroom Training: 40 hours
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
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
  Snap-on Tools Cornwell 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
Snap-on Tools
Cornwell Tools
Franchise Fee
Snap-on Tools
Cornwell Tools
Royalty Fee
Snap-on Tools $125/mo.
Cornwell Tools
Advertising Fee
Snap-on Tools
Cornwell Tools
Year Founded
Snap-on Tools 1920
Cornwell Tools 1919
Year Franchised
Snap-on Tools 1991
Cornwell Tools 1997
Term Of Agreement
Snap-on Tools 10 years
Cornwell Tools
Renewal Fee
Snap-on Tools 50% of current license fee
Cornwell Tools


Business Experience Requirements
Experience
Snap-on Tools
Cornwell Tools

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

Training & Support
Training
Snap-on Tools
Cornwell Tools On-The-Job Training: 80 hours Classroom Training: 40 hours
Support
Snap-on Tools Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Cornwell Tools Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing
Snap-on Tools
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
Operations
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)
Cornwell Tools

Expansion Plans
US Expansion
Snap-on Tools
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
Canada Expansion
Snap-on Tools
Cornwell Tools
International Expansion
Snap-on Tools Australia,New Zealand, Canada,
Cornwell Tools