Cornwell and Snap-On gave up.

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A few weeks ago the Snap-On guy said that he was going out of business then today the Cornwell guy said the same thing.

Bummer. I really liked the Cornwell tools I have and was hoping to buy more from him as I needed them.
 
I would imagine with todays economy the independent tool salesman is hurting. Believe it or not, they have a lot of overhead and the investment to get started in that business ain't cheap.
 
I have a buddy that is a dealer, as a matter of fact he is also our dealer. Right now times are tough and snap is hiring reps to run the routes and trucks in many areas. I know the margins for snap-on are much lower then mac or Matco. You notice how pushy the snap on dealers are and they always want more for weekly payment then Matco. Even franchise owners have so many rules they follow it's basically like being employed by snap-on. Snap on sets their franchees up to fail from the start. By febuary my buddy will be a matco dealer and franchisee. I myself have all my tools paid for thankfully, but I have many techs that do not or are still building. They are holding off for Matco now. We will still have a snappy dealer, but he won't get much play from us unless it's warranty. Matco dealers carry IR also
 
I got most of my snap on tools from my father but other than that I have ordered online. Truck I used to buy from was in fontana, friend of mine that I actually need to call up and get a wrench fixed.
 
Originally Posted By: Chris142
A few weeks ago the Snap-On guy said that he was going out of business then today the Cornwell guy said the same thing.

Bummer. I really liked the Cornwell tools I have and was hoping to buy more from him as I needed them.


The Snap-On truck simply stopped coming to my last employer. No notice of any kind.
Any Snap-On tool or service that I need now I have to stop at a truck parked along side a shop. I remember that whenever somebody is about to start a trade school and they ask me what brand of tools to buy.
In this economy, I realize that it's not the Snap-On dealer's fault.
 
In our area, one Snap-on on route is not being worked but the rest of them are and my dealer is a great guy, keeps on top of things and seems to be doing OK in this economy. He does get out and hustle up the business though instead of waiting for it to come to him.
 
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