
What Are Alternative Franchise Chains to Snap-on Franchise
Are you exploring alternatives to the Snap-on franchise for your business venture? Discovering the right franchise opportunity involves understanding various models that align with your investment goals and operational preferences. Dive into a landscape of diverse franchise options, each offering unique pathways to entrepreneurship and financial success, and find inspiration for your next business move.

# | Alternative Franchise Chain Name | Description |
---|---|---|
1 | Cornwell Quality Tools | Cornwell Quality Tools is the oldest mobile tool company that manufactures its own tools in the USA, offering a unique selling proposition as a family and employee-owned business. Unlike many competitors, Cornwell does not charge franchise, royalty, or advertising fees, generating revenue solely from tool sales to dealers, which can lead to higher long-term profit margins. |
2 | Mighty Auto Parts | Mighty Auto Parts is an adjacent automotive franchise that supplies professional repair shops with preventative maintenance products like filters, belts, and batteries, rather than tools. This B2B, inventory-based model focuses on consumable, high-turnover products and recurring revenue, with top-quartile franchisees reporting substantial annual gross profits. |
3 | Independent Mobile Tool Business | Starting an independent mobile tool business offers maximum flexibility in product selection and pricing by sourcing from various manufacturers, but lacks the brand recognition and franchisor support of established chains. While avoiding franchise fees can lead to higher profit margins, the absence of a structured support system and established credit lines presents significant challenges, with a historically higher startup failure rate. |
Key Takeaways
- The primary competitors to Snap-on Franchise Units in the mobile tool sector are Matco Tools, Mac Tools, and Cornwell Quality Tools, all offering similar franchise opportunities targeting automotive technicians.
- Investment levels for these franchises vary, with Snap-on ranging from $175,146 to $411,841, Matco Tools from $133,375 to $353,222, and Cornwell Quality Tools offering a lower entry point between $117,525 and $272,825.
- Fee structures differ significantly; Snap-on does not charge royalties but has a monthly technology fee, while Matco Tools charges a royalty based on business volume, and Mac Tools and Cornwell Quality Tools do not charge traditional royalties but focus on inventory purchases.
- Matco Tools offers a comprehensive 10-day initial training program and strong ongoing support, while Mac Tools, part of Stanley Black & Decker, provides access to a wider range of brands and more autonomy for its distributors.
- Starting an independent mobile tool business offers maximum flexibility and potentially higher profit margins by avoiding fees, but it lacks the brand recognition, established supply chains, and customer financing support provided by franchises like Snap-on.
What Alternative Snap-On Franchise Unit Options Exist?
For those exploring franchise opportunities in the automotive sector, understanding the competitive landscape is key. While the mobile tool distribution model is a proven concept, several strong contenders offer alternatives to the established presence of Snap-on. These businesses cater to a similar customer base of automotive technicians and repair shops, providing essential tools and equipment directly to their workplaces.
What are the main competitors to a Snap-on Franchise Unit?
In the competitive mobile tool sector, as of June 2025, the primary competitors to a Snap-on Franchise Unit are Matco Tools, Mac Tools, and Cornwell Quality Tools. These brands are significant players in the tool truck franchise opportunities market, directly vying for the same professional automotive technicians and repair shop clientele.
Snap-on currently holds a commanding market position, boasting over 4,600 franchises globally. In comparison, Matco Tools operates with approximately 1,900 active franchisees. Mac Tools, which is a division of Stanley Black & Decker, has over 700 distributors across North America. This data highlights the varied scale of operations within these automotive franchise options.
How do their business models compare?
The core business model shared by these major competitors involves franchisees operating a mobile store, or 'tool truck,' on a defined route. They sell tools directly to professional technicians. This direct-to-customer approach is a defining characteristic of the mobile tool business franchise industry.
Distinctions often arise in their support structures and financial offerings. For instance, Snap-on's robust in-house credit program, Snap-on Credit, is a significant advantage, enabling franchisees to offer financing to their customers, which can be a substantial sales driver. Matco Tools, on the other hand, is recognized for its extensive initial training, which was enhanced to 10 days in 2024. Mac Tools benefits from the considerable manufacturing capabilities and research and development resources of its parent company, Stanley Black & Decker.
Key Considerations for Alternative Franchise Options
- Market Saturation: Research the density of existing tool trucks in your desired territory for each brand.
- Product Lines: Evaluate the breadth and quality of tools offered by each competitor to ensure they meet the needs of your target technicians.
- Financing Options: Understand the financing programs available to customers, as this can directly impact sales volume.
- Training and Support: Assess the quality and duration of initial and ongoing training provided by the franchisor.
When considering franchise options similar to Snap-on, it's important to look at the financial benchmarks. For example, the initial investment for a Snap-on franchise can range from $145,800 to $481,554, with an initial franchise fee of $16,000. Royalty fees are typically 4.00%, and a minimum of $25,000 in cash is required, with a net worth requirement between $100,000 - $200,000. Understanding how these figures compare with alternatives like Matco Tools or Mac Tools is crucial for assessing investment viability. For a deeper dive into how these operations function, you can explore How Does the Snap-on Franchise Work?
The average annual revenue per unit for Snap-on is reported at approximately $796,468, with a median of $795,476. While the lowest recorded annual revenue was $31,028, the highest reached an impressive $3,115,205. Many franchisees achieve breakeven and investment payback within 12 months. The cost of goods sold (COGS) typically represents about 50.38% of revenue, leaving a gross profit margin of nearly 49.62%. Operating expenses account for around 27.69%, resulting in an EBITDA of approximately 21.99%.
When evaluating other mobile tool sales businesses, remember that the tool distribution business model is robust. For instance, the annual running expenses for a franchise unit can range from approximately $54,673 to $90,290, covering items like van leases, maintenance, fuel, and payroll. These figures are essential for comparing the overall profitability and operational costs of different franchise opportunities for automotive technicians.
What Are The Investment Level Alternatives?
When considering franchise opportunities, understanding the investment spectrum is crucial. For a Snap-on Franchise Unit, the estimated initial investment as of June 2025 ranges from $175,146 to $411,841. This significant outlay covers the franchise fee of approximately $16,000, initial inventory costs between $115,000 and $130,000, and other essential startup expenses like the mobile store down payment, computer systems, and initial operating capital.
What is the typical Snap-on Franchise Unit investment?
The typical investment for a Snap-on franchise unit places it in the higher investment tier for mobile tool distribution businesses. The total estimated initial investment, as of June 2025, falls between $175,146 and $411,841. This range is a key factor for aspiring franchisees to consider when evaluating if a Snap-on franchise is a good fit for their financial capacity and business goals. It's important to note that while the initial inventory cost alone can be substantial, ranging from $115,000 to $130,000, Snap-on does offer internal financing options for qualified candidates, which can help manage a significant portion of these startup costs.
Are there lower-cost tool truck franchises?
Yes, there are definitely lower-cost alternatives for those interested in the mobile tool business. Several other tool truck franchise opportunities offer a more accessible entry point for entrepreneurs looking for mechanic tool supplier franchise options or mobile tool business franchises. For example, as of 2025, Cornwell Quality Tools presents a total investment range estimated between $117,525 and $272,825. This can be a considerable difference compared to the upper end of the Snap-on investment. This lower cost is often attributed to more flexible initial inventory requirements and potentially more affordable vehicle acquisition options, making it an attractive choice for individuals seeking franchise options similar to Snap-on but with a lower initial financial commitment.
Exploring these alternatives is key for anyone evaluating franchise options similar to Snap-on or looking for franchise opportunities for automotive technicians. Understanding the nuances of each model, including the initial investment, ongoing fees, and support systems, is vital. For a deeper dive into the financial aspects of owning a Snap-on franchise, you can learn more about How Much Does a Snap-on Franchise Owner Make?
Tips for Evaluating Investment Levels
- Compare Total Investment: Always look beyond the franchise fee and consider the total estimated initial investment, which includes inventory, vehicle, and working capital.
- Analyze Inventory Costs: Understand how inventory is financed and managed, as this is often a significant portion of the initial outlay for tool truck franchises.
- Investigate Financing Options: Check if the franchisor offers in-house financing or has partnerships with lenders to ease the financial burden.
- Research Royalty and Other Fees: Factor in ongoing royalty fees, marketing fees, and other operational costs when assessing the overall financial commitment.
How Do Franchise Fees And Royalties Compare?
When considering franchise opportunities similar to Snap-on, understanding the fee structures is crucial. This comparison helps in evaluating the true cost of ownership and potential profitability for various tool truck franchise opportunities.
What are Snap-on's ongoing fees?
A key aspect that sets Snap-on apart in the mobile tool business franchise landscape is its absence of a traditional percentage-based royalty fee on sales. Instead, Snap-on franchisees pay a monthly technology and support fee. As of early 2025, this fee is approximately $135. The company's primary revenue stream comes from the wholesale purchase of its tools, which is fundamental to its tool distribution business model. This model can be a significant factor for potential franchisees when they compare Snap-on franchise to other options. For a deeper dive into earnings potential, you can explore How Much Does a Snap-on Franchise Owner Make?
How do competitor fees differ?
Many franchise options similar to Snap-on, particularly in the automotive franchise options sector, utilize a royalty fee structure. For instance, Matco Tools charges an ongoing royalty fee that is a percentage of a franchisee's business volume. This can represent a substantial recurring expense that must be factored into any business plan. As of late 2024, Mac Tools does not charge a traditional royalty fee, mirroring Snap-on's approach. However, they do require regular inventory purchases. Similarly, Cornwell Tools also avoids royalty fees, illustrating that diverse financial models exist when starting a tool sales route franchise. This diversity means that when looking at alternatives to a Snap-on dealership, the financial commitments can vary significantly.
Key Considerations for Fee Comparison
- Royalty Fees: Understand the percentage of revenue that goes back to the franchisor. This is a significant ongoing cost for many mobile tool business franchises.
- Technology/Support Fees: Some franchisors, like Snap-on, opt for fixed monthly fees for technology and support rather than a percentage of sales.
- Inventory Purchases: Franchises that don't charge royalties might have different requirements for inventory purchasing, which can impact cash flow.
- Marketing Fees: While Snap-on has a 0% marketing fee, other opportunities may include this as a separate charge.
When comparing franchise options similar to Snap-on, it's essential to look beyond just the initial franchise fee. The ongoing costs, such as royalty fees, technology fees, and inventory requirements, will significantly impact your long-term profitability. For example, a 4.00% royalty fee on average annual revenue of $796,468 would amount to over $31,858 annually, a substantial figure compared to a fixed monthly fee. Evaluating these different financial models is key to identifying the best tool truck franchises to invest in and making an informed decision about starting a tool sales route franchise.
Alternative Franchise Chain: Matco Tools
What is the Matco Tools investment?
When considering alternatives to a Snap-on franchise, Matco Tools presents a compelling option for those looking to enter the mobile tool business franchise market. The estimated total initial investment for a Matco Tools franchise in 2025 falls between $133,375 and $353,222. This investment range includes a franchise fee of $8,000, an initial inventory purchase of $75,000, and a down payment for a mobile store, which can be between $15,000 and $25,000.
What makes Matco Tools particularly accessible is their in-house financing programs. These programs can potentially cover up to 100% of the business for qualified candidates, positioning them as one of the more approachable franchise opportunities for automotive technicians. This financial flexibility is a key differentiator for many aspiring franchisees exploring automotive franchise options.
What are the pros and cons of Matco?
One of the significant advantages of the Matco Tools model is the comprehensive 10-day initial training program offered to new franchisees. This is complemented by strong ongoing field support, which is highly valued by individuals transitioning into this mobile tool sales business model. Furthermore, Matco boasts a robust product line, featuring over 13,000 items, providing franchisees with a wide selection to offer their customer base. This extensive inventory is a key advantage in the competitive mobile tool business franchise market.
On the other hand, a point to consider is Matco's royalty fee structure. Unlike some competitors, their royalty fee is tied to business volume. This can impact long-term net profitability, a crucial factor when comparing franchise options similar to Snap-on. Understanding these nuances is essential when evaluating pros and cons of Snap-on alternative franchises and making an informed decision about investing in a mobile tool distribution business.
Key Considerations for Matco Tools Franchisees
- Financial Accessibility: Matco's in-house financing for qualified candidates can significantly reduce the upfront capital barrier.
- Product Breadth: With over 13,000 products, franchisees have a wide range to cater to diverse customer needs.
- Training and Support: The 10-day initial training and ongoing field support are designed to equip new owners for success.
- Royalty Structure: Be aware that royalties are volume-based, which could affect profit margins as sales increase.
Investment Component | Estimated Range |
---|---|
Total Initial Investment | $133,375 - $353,222 (2025) |
Franchise Fee | $8,000 |
Initial Inventory | $75,000 |
Mobile Store Down Payment | $15,000 - $25,000 |
Pros | Cons |
---|---|
Comprehensive 10-day initial training | Volume-based royalty fees |
Strong ongoing field support | Potential impact on long-term net profitability |
Extensive product line (over 13,000 items) | |
Potential for 100% financing |
Alternative Franchise Chain: Mac Tools
How does Mac Tools' model differ?
When exploring Snap-on franchise alternatives, the Mac Tools distributorship model presents a distinct approach to the mobile tool business. Unlike a traditional franchise, Mac Tools distributors often operate with more autonomy, functioning more as authorized dealers. This structure can be appealing for entrepreneurs seeking how to start a mobile tool business without Snap-on's perceived rigidity.
A significant advantage of the Mac Tools model is its affiliation with Stanley Black & Decker. This connection grants distributors access to a broad range of globally recognized tool brands, extending beyond the Mac Tools line itself. This diversification can be a key differentiator for those evaluating tool distribution business model options.
For those interested in automotive franchise options or specifically franchise opportunities for automotive technicians, understanding these structural differences is crucial. It directly impacts the day-to-day operations and the breadth of product offerings available to customers.
What is the investment for Mac Tools?
The investment required to become a Mac Tools distributor is generally lower than many traditional franchise models. As of June 2025, the estimated startup cost ranges from $100,000 to $250,000. Notably, Mac Tools does not charge an initial franchise fee or ongoing royalties, which can significantly impact overall profitability compared to other tool truck franchise opportunities.
The primary capital outlay involves securing the initial tool inventory and acquiring or leasing a suitable truck to serve as a mobile showroom. Mac Tools does provide various financing programs designed to assist prospective distributors with these initial expenses, making it a more accessible entry point for individuals considering investing in a mobile tool distribution business.
When considering other mobile tool sales businesses, it's important to compare these investment figures. For instance, the FDD data indicates a Snap-on franchise can have an initial investment ranging from $145,800 to $481,554, with a franchise fee of $16,000 and a royalty fee of 4.00%. This highlights a key difference in the financial structure for Mac Tools distributors.
Key Considerations for Mac Tools Distributors
- No Franchise Fee or Royalties: This can lead to higher profit retention.
- Brand Affiliation: Access to a wider portfolio of tool brands through Stanley Black & Decker.
- Flexible Business Model: More autonomy as an authorized dealer compared to a traditional franchisee.
Mac Tools Estimated Startup Cost (June 2025) | $100,000 - $250,000 |
Mac Tools Franchise Fee | $0 |
Mac Tools Royalty Fee | 0% |
Snap-on Franchise Initial Investment (Low) | $145,800 |
Snap-on Franchise Royalty Fee | 4.00% |
For those curious about the operational side of a similar business, understanding the specifics of How to Start a Snap-on Franchise in 7 Steps: Checklist can provide a valuable point of comparison when evaluating alternative automotive franchise options.
Alternative Franchise Chain: Cornwell Quality Tools
When exploring franchise options similar to Snap-on, Cornwell Quality Tools presents a compelling alternative for those interested in the mobile tool business franchise sector. As the oldest mobile tool company that manufactures its own tools in the USA, Cornwell offers a unique selling proposition. Being a family and employee-owned company, it fosters a distinct culture compared to publicly traded competitors, making it a notable answer to 'what are alternatives to a Snap-on dealership.'
Why consider a Cornwell Quality Tools franchise?
A significant advantage of the Cornwell Quality Tools franchise model is its fee structure. As of 2025, Cornwell does not charge franchise, royalty, or advertising fees. Their revenue is generated solely from the sale of tools to their dealers. This model can lead to higher long-term profit margins for the franchisee, positioning it as a low-cost tool truck franchise option. This approach differentiates it significantly from other automotive franchise options that may have ongoing fees.
What are Cornwell's startup costs?
The estimated total investment to become a Cornwell Quality Tools dealer in 2025 ranges from $117,525 to $272,825. This investment range makes it a more financially accessible option among the best tool truck franchises to invest in. The costs encompass an initial inventory investment, typically between $50,000 and $125,000, and the cost of acquiring a suitable truck. Cornwell's smaller operational size, with approximately 500 dealers, allows for more personalized support and a closer-knit community, which can be a significant draw for entrepreneurs seeking a more hands-on franchisor relationship. This can be a key factor when comparing franchise business ideas for mechanics.
Investment Range | $117,525 - $272,825 |
Initial Inventory | $50,000 - $125,000 |
Franchise Fee | $0 |
Royalty Fee | $0 |
Advertising Fee | $0 |
For those considering how to start a mobile tool business without Snap-on, Cornwell offers a straightforward entry point. When you compare Snap-on franchise to other options, the absence of ongoing fees with Cornwell is a major consideration for potential franchisees looking at investing in a mobile tool distribution business. This financial structure can significantly impact the overall profitability and return on investment for a mobile tool sales business franchise.
Tips for Evaluating Mobile Tool Franchise Opportunities
- Understand the Fee Structure: Always scrutinize the franchise fee, royalty fees, and marketing contributions. Franchises like Cornwell that do not charge these can offer a different profit dynamic.
- Assess Inventory Requirements: The initial inventory cost is a substantial part of the investment for tool truck franchises. Ensure you understand the ongoing inventory replenishment strategy.
- Consider Franchisor Support: Look for franchisors with a proven track record of supporting their dealers, especially in terms of training, marketing, and operational guidance.
- Research the Market: Understand the demand for tools in your target territory and the competitive landscape.
For those questioning 'Is a Snap-on franchise worth it?', exploring alternatives like Cornwell Quality Tools is crucial. These franchise opportunities for automotive technicians provide different paths to success in the mechanic tool supplier franchise industry. The choice often comes down to individual financial goals and preferred business models, whether it's a larger, established brand or a more niche, family-oriented operation. Understanding the pros and cons of Snap-on alternative franchises is key to making an informed decision for starting a tool sales route franchise.
Alternative Franchise Chain: Mighty Auto Parts
Is Mighty Auto Parts a tool franchise?
Mighty Auto Parts isn't a tool franchise in the traditional sense, like a mobile tool truck business. Instead, it offers a compelling alternative within the automotive sector. Franchisees in this model focus on supplying professional automotive repair shops with essential preventative maintenance products. These include a comprehensive range of items such as filters, belts, batteries, and various chemicals.
This business strategy targets the same core customer base—auto repair shops—but through a different product category. Mighty Auto Parts deals with consumable, high-turnover products, which can offer a distinct revenue stream compared to the durable goods typically sold by mobile tool franchises. For individuals with existing experience in the automotive industry, this represents an excellent opportunity to leverage that knowledge in a new way.
What is the Mighty Auto Parts investment?
As of June 2025, the estimated initial investment for a Mighty Auto Parts franchise falls within the range of $218,000 to $559,500. This figure includes a franchise fee of $25,000.
Mighty's business model is fundamentally business-to-business (B2B) and is heavily inventory-based. The emphasis is on generating recurring revenue through repeat customer purchases. The financial performance of top-quartile Mighty franchisees in 2024 is particularly noteworthy, with average annual gross profits exceeding $11 million. This highlights its potential as a high-revenue alternative to other mobile tool sales businesses.
Investment Range | Franchise Fee | 2024 Top-Quartile Gross Profit |
$218,000 - $559,500 | $25,000 | >$11 Million |
Key Considerations for Automotive Franchise Alternatives
- Target Market: While tool franchises focus on mechanics, Mighty Auto Parts targets repair shop owners and managers directly.
- Product Lifecycle: Mighty's business relies on consumables with frequent reorder cycles, contrasting with the one-time purchase of tools.
- Operational Model: It's an inventory and distribution model, differing from the direct sales route of a mobile tool truck.
When exploring Snap-on franchise alternatives, understanding the nuances of different automotive franchise options is crucial. For instance, comparing the investment and revenue potential of a tool distribution business model like Mighty Auto Parts against a mobile tool business franchise provides a clearer picture of the market. Many individuals seeking franchise opportunities for automotive technicians find that while tool franchises are a direct fit, alternative models can offer broader market reach and different profit structures.
For those asking, 'What are alternatives to a Snap-on dealership?' or 'Franchise options similar to Snap-on?', Mighty Auto Parts presents a strong case. It's a way to get into the automotive aftermarket supply chain without the direct sales pressure of a mobile tool truck. This model is particularly attractive for entrepreneurs looking to build a robust B2B client base. If you're considering investing in a mobile tool distribution business, it's wise to compare Snap-on franchise to other options to find the best fit for your financial goals and operational preferences.
Independent Mobile Tool Business
Can you start a tool business without a franchise?
Yes, you absolutely can start a tool business without a franchise. For those looking for alternatives to a Snap-on franchise, launching an independent mobile tool business is a very achievable goal. This route involves sourcing your tools from a variety of manufacturers and wholesalers, rather than being exclusively tied to a single brand. It offers a great deal of freedom in terms of product selection, pricing strategies, and defining your operational territory. However, it’s important to note that this independence means you won't have the built-in brand recognition, the established supply chains, or the comprehensive franchisor support that are typically part of leading tool truck franchise opportunities.
What are the pros and cons of going independent?
The most significant advantage of going independent is the absence of franchise fees, royalties, and mandatory purchasing agreements. This can directly translate into potentially higher profit margins for your business. As an independent operator, you have complete control over every aspect of your business, from your marketing efforts to the specific brands you choose to carry, whether that's well-known brands like Tekton or GearWrench, or even exploring private-label imports.
On the flip side, the major drawbacks include the lack of a built-in support system. You won't have national brand marketing campaigns working for you, and establishing customer credit lines can be a significant hurdle. Franchises often facilitate this, which is a key driver of sales for established players. It's worth noting that the startup failure rate for independent businesses tends to be higher. Industry estimates suggest that over 50% of independent businesses may not survive their first five years. This is a risk you'll want to carefully weigh against the structured support and established model offered by a mechanic tool supplier franchise.
Tips for Starting an Independent Mobile Tool Business
- Diversify Your Product Offering: Instead of relying on one brand, stock a range of tools from different manufacturers to cater to a broader customer base.
- Build Strong Supplier Relationships: Cultivate direct relationships with tool manufacturers and wholesalers to secure competitive pricing and reliable inventory.
- Focus on Customer Credit: Explore options for offering customer financing or credit accounts, as this is a major sales advantage for established mobile tool businesses.
- Leverage Digital Marketing: Since you won't have national marketing, invest in local SEO, social media, and targeted online ads to build your brand presence.
When considering alternatives to owning a Snap-on franchise, it's essential to look at the financial landscape. For a Snap-on franchise, the initial investment can range from $145,800 to $481,554, with a required cash down payment of at least $25,000 and a net worth between $100,000 and $200,000. The franchise fee itself is typically $16,000, with a royalty fee of 4.00% on sales. Average annual revenue per unit is reported around $796,468, with a median of $795,476.
In contrast, an independent mobile tool business bypasses these specific franchise fees and royalties. However, establishing credit lines for your customers, a service that significantly boosts sales for franchises like Snap-on, will be your responsibility. While the structured support of a mechanic tool supplier franchise can mitigate some risks, the freedom to choose your inventory and pricing is a powerful draw for independent operators.
Key Financial Metric | Franchise Example | Independent Business Consideration |
Initial Investment Range | $145,800 - $481,554 | Variable; depends on inventory, truck, and setup costs |
Franchise Fee | $16,000 | N/A |
Royalty Fee | 4.00% | N/A |
Brand Recognition & Support | High (provided by franchisor) | Requires independent effort to build |
Product Sourcing Flexibility | Limited by franchisor agreements | High; source from multiple vendors |
For aspiring entrepreneurs, understanding how to start a mobile tool business without the backing of a major brand involves a different set of challenges and rewards. While you won't have the direct comparison to a Snap-on franchise, you'll need to meticulously plan your inventory, financing, and marketing to compete effectively. The landscape of automotive franchise options is diverse, and exploring these Snap-on franchise alternatives is a smart move for anyone considering investing in a mobile tool distribution business.
Many look at 'Is a Snap-on franchise worth it?' and then seek other mobile tool sales businesses. The key difference lies in the operational model. While a tool truck franchise opportunity provides a proven system, an independent approach offers greater autonomy. For franchise options similar to Snap-on, or even lower-cost tool truck franchise opportunities, thorough research into their specific fee structures and support systems is crucial. This applies whether you're evaluating franchise business ideas for mechanics or simply looking for the best tool truck franchises to invest in.