What specific territories or geographic areas are defined in the franchise agreement, and are they exclusive or non-exclusive?
#1
How does Snap-on define and enforce territorial protections? Can the franchisor open competing units in proximity to your territory?
#2
What is the historical unit count and growth trajectory for Snap-on Tools franchises over the past 3-5 years?
#3
How many Snap-on franchise units have exited the system in the past 3 years, and what were the primary reasons for closure or non-renewal?
#4
What are the current franchise fee, ongoing royalty rate, and advertising fund contributions required?
#5
What is the initial term length, renewal options, and total potential term for a Snap-on franchise agreement?
#6
Are there any non-compete or non-solicitation clauses, and if so, what are their geographic scope and time duration post-termination?
#7
Has Snap-on been involved in any litigation over the past 3 years as plaintiff or defendant, and if so, what were the case types and outcomes?
#8
What ongoing support, training, and marketing assistance does Snap-on provide to franchisees after the initial launch?
#9
Does Snap-on provide Item 19 financial performance data or earnings claims in their Franchise Disclosure Document?
#10
What is the transfer or assignment policy for a Snap-on franchise, including any fees or franchisor approval requirements?
#11
How is the territory assignment or modification handled if circumstances change, such as demographic shifts or market saturation?
#12
What happens to your territory if you choose not to renew at the end of your initial term?
#13
Are there any encroachment protections in the agreement, such as guarantees against franchisor-owned or franchisor-approved units in your territory?
#14
What are the specific performance metrics or sales requirements Snap-on expects franchisees to meet to maintain good standing?
#15
Can you connect with current and former Snap-on franchisees to discuss their experiences, profitability, and territorial issues?
#16
What is the termination policy, including grounds for termination and notice periods provided to franchisees?
#17
Are there any mandatory equipment purchases, inventory minimums, or supplier relationships required as a franchisee?
#18