You will find that a Snap-on franchise has a relatively low initial license fee, a low monthly fee and no advertising levy. And, since you have a mobile store, you don't have all the expense most fixed-site franchises have, and you won't even have employee expenses unless you choose to expand your operation. This lower overhead makes it easier for you to invest in your business and build your equity and net worth.

The Initial Licence Fee is $40,000.00 +GST. This amount includes:

• Franchise Licence Fee.
• Your Training (and all associated costs), which begins with a week at the Snap-on Training Centre in Dallas, Texas, USA.
• Laptop Computer, printer and memory sticks.
• Custom Snap-on software licence.
• Uniforms.

In addition, you will need some additional funds to cover your inventory, start-up costs, working capital and finance for the accounts programme you will operate for your customers. For most people a good part of the investment is borrowed funds, so although you may not have that sum in available cash, you may well have equity in property, etc., which can give you the borrowing capacity. There are also some additional programs available through Snap-on that may help you into the business.

The Snap-on Franchise programme has been selected as a Preferred Franchise by the ANZ Bank. Through the ANZ Franchise Programme, the majority of the finance required for a new franchise can be provided by the ANZ secured by the franchise alone, without any other security.

It is important that someone who may be considering a Snap-on franchise does not disqualify themselves by assuming they do not have the funds available. A Snap-on Manager will explain the full details of the finance options, during the initial meeting that will be arranged if you choose to look further into a Snap-on franchise.