For the fourth consecutive year, Snap-on Tools has been named as the number one automotive franchise in the UK. Ranked as both best van-based and best automotive franchise opportunity, Snap-on were confirmed as the UK’s 6th best overall franchise by the Elite Franchise Top 100.
The EF100, established in 2017 in association with HSBC, is the franchising list to watch. It recognises the sector’s brightest businesses and ranks them according to a broad range of criteria; from their financial performance and heritage, to their contribution to the community and the way they embrace innovation.The franchise industry contributes over £17billion to the UK economy and more than 700,000 people are employed in franchising across the country. Despite a difficult economic climate, the last 12 months has seen franchise brands like Snap-on Tools survive and thrive thanks to their robust infrastructures and proven business models.
“We feel that Snap-on Tools has well and truly earned its place once again as one of the leading brands in the Elite Franchise Top 100 list,” said Scott English, Brand Director of Elite Franchise. “This definitive league table of the Top 100 Franchisors shows just what Britain has to offer. Each year, the ranking becomes more competitive and this year has been no exception for our panel of industry-leading judges.
“At EF100 we take into account entrants’ sales and growth figures as well as the training and support systems in place for their network of franchisees. This year, brands were also judged on any measures they initiated to survive the challenges of 2020, along with ambitions and growth targets for the next financial year. Achieving this top six position is a testament to all that Snap-on has achieved – they have consistently demonstrated a gold-standard level of franchising.”
Lisa Law, Snap-on’s National Franchise Manager, said the whole team was over the moon at the result: “Being recognised and the best van-based and automotive franchise, as well as being ranked 6th in the UK overall is something that we’re incredibly proud of. As the judges highlighted, we’re fanatical about the support we give to our franchisees to help them achieve their own dreams.
“We’ve done all that we can to innovate and support our network during the last 12 months and the enthusiasm and positivity they have shown in return has been truly inspiring. The passion, strength and resilience of our brand is why we continue to lead in both the automotive and franchising industries. Kicking off 2021 with another accolade under our belts feels very special indeed.”
Snap-on is the world’s number one professional tool brand and the leading global manufacturer and distributor of tools for the professional technician. Established over 100 years ago, Snap-on has been operating in the UK since 1965. Today, the brand has over 400 franchisees across the UK and Ireland who own and run their own iconic showroom on wheels.
The Snap-on franchise offers you the opportunity to enjoy all the benefits of being your own boss whilst safe in the knowledge that you have the back-up and support of a global support network behind you.
For more information about how Snap-on and how you too can become part of the UK’s number one van-based and automotive franchise, explore the site and contact us for more information.