Snap-on Tools ranked sixth in Franchise Direct's annual Global Franchises report

Snap-on Tools ' global network of mobile franchises has been ranked sixth by Franchise Direct in their annual Global Franchises report that evaluated 5,000 international franchises.

The mobile franchise hit the top tool ranking by a wide margin.

“Snap-on is honored to be designated as one of the world’s leading franchise systems.

“It’s a tribute to the more than 4,500 Snap-on franchisees worldwide and their contributions to the strength of our system,” said Nick Pinchuk, Chairman and CEO, Snap-on Incorporated.

The Franchise Direct report evaluates franchises to determine their ranking based on criteria which included system size and revenue, stability and growth, longevity, best practices in franchisee support and training, and social responsibility.

“As one of the largest and most successful franchises in the world, we believe our business model, long-term stability, available in-house financing, training and support make Snap-on a quality opportunity for potential franchisees globally, and this recognition from Franchise Direct speaks positively about our network,” Pinchuk said of their mobile franchise system.

Franchise Direct noted that all of the top ranking franchises shared a defined identity based on the criteria and that the franchises chosen were performing best on an international level.