Snap-on Tools Named 23rd Best Franchise Opportunity by Franchise Market

KENOSHA, Wis., July 1 // PRNewswire // -- Snap-on Tools has been named 23rd among the top 200 best franchise opportunities by Franchise Market magazine. For its ranking, Snap-on Tools was recognized for its number of units, franchise stability, available financing and 2007 growth rate.

"We're honored to receive this recognition and to be ranked among the top franchises in the world," said Barrie Young, president-sales and franchising for Snap-on Tools. "To be named among the best and to lead mobile tool franchises in this ranking is a testament to our franchisees. They are proud to be in business with the best."

Snap-on is one of the largest non-food franchise systems in the world, selling its products through more than 4,000 franchisees worldwide including in the U.S., Canada, United Kingdom, Australia and Japan. The company has been selling the highest quality tools direct to customers at their places of business for more than 80 years.

Snap-on Tools Company, LLC is a subsidiary of Snap-on Incorporated, a leading global innovator, manufacturer and marketer of tools, diagnostics, equipment, software and service solutions for professional users. Products and services include hand and power tools, tool storage, diagnostics software, information and management systems, shop equipment and other solutions for vehicle dealerships and repair centers, as well as customers in industry, government, agriculture, aviation and natural resources. Products and services are sold through the company's franchisee, company-direct, distributor and Internet channels. Founded in 1920, Snap-on is a $2.8 billion, S&P 500 company headquartered in Kenosha, Wisconsin. For additional information on Snap-on, visit http://www.snapon.com.

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SOURCE Snap-on Tools Company, LLC

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