When was the first snap on tool made?

Snap-on Tools began in 1920, when Joseph Johnson began manufacturing snap-on sockets to five interchangeable wrench handles.

How many people have gone bankrupt from Snap on tools?

There has been three guys who have gone bankrupt over the years selling Snap on tools, that I’m aware of. At today’s tool truck price levels, I can’t imagine what motivates anyone to start collecting tools or toolboxes from any of the trucks, other than peer pressure.

When did Blue Point Tool Company become snap on?

The Blue-Point Tool Company was established in Milwaukee, Wisconsin in 1925. Initially providing punches and chisels, it soon expanded to include wrenches, pliers and more. The Blue-Point name became synonymous with quality hand tools. Blue-Point and the Snap-on Wrench Company merged to become Snap-on Tools, Inc. in 1930.

Is it possible to be a snap on tool dealer?

I was a Snap On tool dealer for almost 30 years. I may of been one of the few that broke the code to sucess in the tool business, but many others have done well also. Many of the things you mentioned are true and there is no hiding the fact that the days are endless and the weekends are sometimes non existant.

How much does it cost to open a snap on tool franchise?

Initial License Fee: $8,000 to $16,000. The initial fees include an initial license fee of $8,000 to $16,000, plus additional fees and payments ranging between $107,770 and $117,770 for goods and services Snap-on Tools provides you before your franchise opens.

Who is the dealer for snap on tools?

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Who was the inventor of the snap on?

In 1920, Snap-on started with an idea that revolutionized professional tool sets across the industry. Joseph Johnson and William Seidemann pioneered the idea of taking five handles of different configurations and ten sockets of varying dimensions and fashioning them to “Snap-on” to each other interchangeably.

How does the snap on Wrench Company work?

The Snap-on Wrench Company’s representatives sold these new products by taking them to the customers at their places of business and demonstrating their use. Today, Snap-on Tools franchisees sell far more than just wrenches.