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Snap-on Tools offers Pete a better lifestyle F

ranchisee Pete Eccles has nothing but praise for Snap-on Tools which he

joined 15 years ago as a 29-year-old. He had previously worked as a motor

mechanic, but wanted a change and to spend more time with his family. “I was in middle-management and

getting grief from both above and below,” he says. “A field manager for Snap-on came in for a tyre change and asked if I had ever thought about franchising. “I have to admit I didn’t look at any other franchises. I was working seven days a week and wanted to spend more time with my family without earning less money. Snap-on told me with them I could do just that.”

After a couple of interviews he felt that the company would be able to deliver what he wanted so he signed up. “I said I would give it two years,” he recalls. “Now 14 years later I’m still here.”

Eccles has found that he has been able

to spend every weekend with his family and his income has more than matched what he earned before. Perhaps even more importantly, he loves the work. “I enjoy getting out there on my own,”

he says. “There are different challenges every day and I meet lots of new people. If I have a good day, I can give myself a pat on the back, if I have a bad day, I’ve only got myself to blame. “Not that there isn’t a great support

network. If something really does go wrong, there’s always someone to talk to at the end of the phone.”

His plans for the future are to stay

in the business for another 10 years. “Until the last of my children are through university,” he adds. “In the meantime I’ve signed up for the Snap-on Tools second-van programme in which I mentor and fund a franchisee in a new territory for two years, then when he is up and running, he is on his own. So the focus this year is to get him settled in.” Eccles’tips for anyone thinking of taking on a Snap-on franchise are: “If you’re self-motivated, then crack on and do it. I can’t recommend the franchise highly enough.”

Snap-on is the leader in the industry and its tools are universally recognised by professionals as the absolute highest quality. Its franchisees are in the enviable position of selling exclusive, premium products. Established in 1920, the company has been in business for nearly 100 years, and in the UK for 47 years. With a franchise network of over 4,300 franchisees selling 22,000 products, franchisees have complete confidence that they are joining the best company in the market.

Investment options

The total cost of the franchise is £68,500 plus VAT and there is a choice of the following routes into the business, depending on the capital available.

● Full equity - The outright price is £68,500 and the franchisee owns the business from day one.

● Snap-on financed - This requires personal capital of £13,000, and the company finances the rest on an interest-baring loan.

● Consigned franchise - Capital is required of £20,000, and the company

20 April/May 2013

finances the rest on an interest-free loan (limited availability, invitation only).

To learn more about the Snap-on franchise opportunity call or e-mail for a franchise information pack. One of its field managers will call you, or to find out more attend a Discovery Day at head office. The only commitment from you is the time to share the great Snap-on Tools story.


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