Snap-on Tools vs Neat Method
Franchise Comparison 2026
Both Snap-on Tools and Neat Method are automotive franchises. Neat Method discloses average revenue of $163K; Snap-on Tools does not report Item 19 data. Snap-on Tools has SBA lending data on file with a 10.4% charge-off rate. FranchiseVerdict rates Snap-on Tools A (Top Quintile) and Neat Method A (Top Quintile).
| Metric | Snap-on Tools | Neat Method |
|---|---|---|
| Verdict Grade | ATop QuintileTop Quintile | ATop QuintileTop Quintile |
| Investment Range | N/A | $38K – $45K |
| Franchise Fee | N/A | $30K |
| Royalty Rate | N/A | 8%-20% of Service Revenue (service billings excluding product sales), based on territory Tier (1-4) and prior calendar year Service Revenue vs. established revenue targets; minimum $500/month beginning month 13 |
| Average Revenue (Item 19) | N/A | $163K |
| SBA Charge-Off Rate | 10.4% (165 loans) | N/A |
| Total Units | N/A | 94 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | N/A | 2017 |
| FDD Year | N/A | 2025 |
Investment Range
N/A
$38K – $45K
Franchise Fee
N/A
$30K
Royalty Rate
N/A
8%-20% of Service Revenue (service billings excluding product sales), based on territory Tier (1-4) and prior calendar year Service Revenue vs. established revenue targets; minimum $500/month beginning month 13
Average Revenue (Item 19)
N/A
$163K
SBA Charge-Off Rate
10.4% (165 loans)
N/A
Total Units
N/A
94
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
N/A
2017
FDD Year
N/A
2025