Founded in 1920, Snap-on is located in Kenosha, Wisconsin, and employs approximately 11,500 people worldwide.The company is currently worth US .5 billion and is included in the S&P 500.
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Eventually these salesmen became independent businessmen and authorized dealers using larger walk-in vans to carry a growing product line.
Thus, Snap-on tools are sold only by dealers and none are sold in retail stores.
A victim (snap on franchise owner) will be inundated with thousands of dollars of unsellable inventory until they are forced out of business, losing their initial investment.
Last but not least, snap on then ruins their credit. Regional representatives are on the same level with mafia enforcers, only the mafia is a more honorable business than "snap on tools". Their moto used to be "made in the USA",now tools are outsourced to foreign countries.
Their quality is highly regarded but their prices are also among the very highest.