Gregster
Well-known member
I spoke with my SO dealer. He says about 2 or 3 people don't pay him during the year. He only gives you 300$ of on truck credit, most mechanics don't bite the hand that feeds them though.
What is necessary to become a SO dealer?
- Thread starter Hawk321
- Start date
I spoke with my SO dealer. He says about 2 or 3 people don't pay him during the year. He only gives you 300$ of on truck credit, most mechanics don't bite the hand that feeds them though.
That doesnt sound right at all.
If he only allows a 300 dollar balance then you are telling me he wont sell a new customer a nice 1/2 impact gun?
And as far as only 2 or 3 guys that dont pay him a year, that number is way low. Im not saying I have a high skip rate, but I know guys in the business with an easy 15,000 dollar a year loss in guys that disappear. And these are guys with great routes and make $$. Not a failing business.
I will start out a new guy with 3 or 400 dollars available, and it will go from there. I have guys that owe me $2,000.00 on the truck, but I get 200 to 250 dollars a week from them and they dont buy from anyone buy me. Do I give a new guy that high an account balance....no....but limiting all customers to 300 isnt going to happen if he wants to grow his business.
vssjim
ALLIANCE MEMBER
Your guy with two or three skips per year is very very very low. If the guy goes under you still owe him the money until someone buys the route if ever or alot of times when they go under they send everybody good or bad to collection agency. If you don't like that it tough, cause hes out of biz and doesn't care.
Gregster
Well-known member
That doesnt sound right at all.
If he only allows a 300 dollar balance then you are telling me he wont sell a new customer a nice 1/2 impact gun?
And as far as only 2 or 3 guys that dont pay him a year, that number is way low. Im not saying I have a high skip rate, but I know guys in the business with an easy 15,000 dollar a year loss in guys that disappear. And these are guys with great routes and make $$. Not a failing business.
I will start out a new guy with 3 or 400 dollars available, and it will go from there. I have guys that owe me $2,000.00 on the truck, but I get 200 to 250 dollars a week from them and they dont buy from anyone buy me. Do I give a new guy that high an account balance....no....but limiting all customers to 300 isnt going to happen if he wants to grow his business.
Well he starts you off at 300$ and does go from there. I have a good rep with him so that 300$ is out the door. However in the case of my co worker that is never "around" when he passes(owes him 100$) by I doubt he will ever get more then 300$.
I'm not going to argue about the skips but thats what he told me. His business doesn't appear to be failing. Him and his bro have 2 of the larger routes. They don't appear to be suffering.
voidifused
Well-known member
vssjim
ALLIANCE MEMBER
The skips maybe low if you live in an area that doesn't have a transient problem. Here in the states we have problems alot of the times with a group of people that live here only to make US money and send it home "not US" then skip back home which is along long way from here if you know where I mean. So around Montreal if the work force is stable you won't have alot of skips cause they know everybody sort of if you understand what I mean. Around here that is the major problem with home forclosures as a group of these people bought houses then when things slowed down they just went back home and screwed everybody with no chance of tracking them down. We didn't mean to say that your guys was fibbing to you we were just saying how lucky he is to be in that situation most guys are not anywhere close to that lucky.
Billin21
Well-known member
Not sure about Snap-on, but with Cornwell, you will start out with around 40K in inventory. Also you'll need operating capitol. A far as trucks, Cornwell is similar to everyone else. They want you to start in something decent. I'm currently in an 06' C5500, $1342 a month. This is a pretty expensive business.
You need to learn Very Quickly good customers from bad. I will generally limit new customers to $300 and slow pay customers to around $150.
You have to set your terms and stick to them. If someone skips me 3 weeks in a row, I start repossessing. The tools are yours until paid for in full.
Good Luck
-Bill
You need to learn Very Quickly good customers from bad. I will generally limit new customers to $300 and slow pay customers to around $150.
You have to set your terms and stick to them. If someone skips me 3 weeks in a row, I start repossessing. The tools are yours until paid for in full.
Good Luck
-Bill
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As a dealer, you are not permitted to sell S-O on the internet. In essence, if you sell on the internet to a customer in Anytown, USA, you are infringing on the territory of the dealer whose terrirory is Anytown. However, I think there is a twist that could make this work:
First would be to own a tool franchise of any variety, and use the wealth of contacts you make from being in the business to BUY tools second hand from techs that are retiring or leaving the trade. A tools dealer is in a unique position get first crack at chances to buy used tools. Then sell those tools on the internet. I'm not sure what kind of promises S-O makes you swear to when you sign on, but certainly anyone who is NOT a S-O dealer can sell a used S-O tools on the internet without problem. I do believe they do go after eBay sellers who are selling new S-O stuff, as in theory, that should not be possible. As you can see from the 1,000 or so S-O items ending every day on eBay, there is definately potential to add significant revenue to a tool route by selling used tools. But be prepared to get your hands dirty...used tools are not as sanitary as new ones.
cruiser808
Well-known member
Bill - thank you for keeping America running. Without you, we might as well drive horses and buggies in the 1890's. nuff said.
Gregster
Well-known member
Sorry, in your post you made it out like he only passed out 300 bucks worth.
bah don't worry about it.
I try to pay for everything in cash but sometimes his wireless debit machine isn't working so I'll put it on my account but I'll pay him off the next week.
I don't get why people would skip out on paying their account. Talk about biting the hand that feeds you... They are also just making it bad for all the honest people. I know my dealer required me to give him 2 pieces of ID and he took down all the info.
Yeah, I get all info (name/addy/phones) including a SS# and drivers lic.
I regularly update my contact ifo I have on people.
I get guys that will bail, and I dont hesitate to knock on your door at 5 or 6am sunday morning if you owe and dont pay. I especially like going by at the home address during the day hours, you can sometimes catch the wife/girlfriend....when you start saying things like "collection agency" and "never be able to get a decent loan" they will usually get all pissed at the guy and a lot of times pay the bill on the spot.
Hell, I have had grandmothers that I caught on the phone pay the bill for their "troubled" grandson.
I regularly update my contact ifo I have on people.
I get guys that will bail, and I dont hesitate to knock on your door at 5 or 6am sunday morning if you owe and dont pay. I especially like going by at the home address during the day hours, you can sometimes catch the wife/girlfriend....when you start saying things like "collection agency" and "never be able to get a decent loan" they will usually get all pissed at the guy and a lot of times pay the bill on the spot.
Hell, I have had grandmothers that I caught on the phone pay the bill for their "troubled" grandson.
Gregster
Well-known member
what was the most money by a single person you got screwed out of?
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$800.00.
Guy is now in jail, not my doing but his meth habit finally landed him in the clink.
The sad thing is he was a good $100.00 a week guy, had a shop and all the toys.....started living in the bag and lost it all. Got picked up before I had a chance to get any of my ****, went down really fast. His stuff was sold off/stolen by his tweaker friends.
I remember my So dealer in South Carolina...he had a wireless debiter...really nice! I said "Sorry, 105 $? Have only 100$ here..."
"Doesn't matter...we have this one!"
COOL!!! Here in Germany you can pay your dealer in cash or by credit...most shop owners wants credit, so the fees for your debit machine are to expensive then.
I see issues with the customers, because the shop owner buy the tools not the mechanics.
To be honestly, onetime I got a letter from my dealer, that I owe him 500$...for 3 month!
The reason for that was simple. Had to pay 500$ every month (for 3 month)...I did...but meanwhile I bought tools again for 500$ and simple forgot that. It was no problem for me, called him and said sorry. Paid the rest via online banking in 5 minutes plus a free bonus.
What I mean...**** happenz!
But I know storys of him, that some shops are still owe him 10.000 $...now he is out off buisness.
He said, when he is gone, he can give all new tools back to snap-on...so he worked on a commission basis.
What I will defently do, is to call an old dealer of me (another area) to go with him for a week, just to get a "inside view".
"Doesn't matter...we have this one!"
COOL!!! Here in Germany you can pay your dealer in cash or by credit...most shop owners wants credit, so the fees for your debit machine are to expensive then.
I see issues with the customers, because the shop owner buy the tools not the mechanics.
To be honestly, onetime I got a letter from my dealer, that I owe him 500$...for 3 month!
The reason for that was simple. Had to pay 500$ every month (for 3 month)...I did...but meanwhile I bought tools again for 500$ and simple forgot that. It was no problem for me, called him and said sorry. Paid the rest via online banking in 5 minutes plus a free bonus.
What I mean...**** happenz!
But I know storys of him, that some shops are still owe him 10.000 $...now he is out off buisness.
He said, when he is gone, he can give all new tools back to snap-on...so he worked on a commission basis.
What I will defently do, is to call an old dealer of me (another area) to go with him for a week, just to get a "inside view".
jerk_chicken
Banned
That's a great idea. Now is there generally a restriction on bringing in other, non-competing items into the truck. Let's say my advice to Hawk is to possibly try and get a couple sides of the business, such as hitting auto shops, as well as Motorcycle and possibly bike shops. The auto shops will buy the mechanic's tools, of course. The motorcycle shops will buy the snap on tools, as well as a mix from Park or other companies who make motorcycle specific tools. Then the bike shops will buy mostly Park, a couple other companies, and maybe a Snap on item or two.
This can help ensure cashflow through diverse income channels in one truck. Hell, there could be aviation business, if you're willing to try. At least in the US, those mechanics/techs don't usually spare a penny to get the best tools.
This can help ensure cashflow through diverse income channels in one truck. Hell, there could be aviation business, if you're willing to try. At least in the US, those mechanics/techs don't usually spare a penny to get the best tools.
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an ex friend of mine hadnt paid Snapon credit for over a year. They just now this month got some money out of him. And he wasnt screwing over the dealer, but Snapon credit, so my dealer didnt really give a ****. He told me upfront that he really didnt know my friend so he set him up on credit rather athan a trck account (total bill was only like $2500 iirc).
My dealer said SO is slow acting when trying to get you to pay.
Vinko
Well-known member
I know a guy who's selling what I think is a Freightliner Truck in good cond. in Los Angeles for about $4500
DSKA Tools
Member
We decided to go at it alone. We started with a pickup truck and a tool box. Today we have a few trucks, a store, websites and dabble in government contracts. However, we were ex diesel mechanics and know a lot of customers. You definitely need about 60k inventory but you can be our own boss if you are so inclined. I'm all for creating my own business. We actually hired an ex Snap-on guy. Being independant allows us to go where ever we want.
Mr.Nutcase
Well-known member
I keep mine at my house in the driveway, we are "county" outside the city limits with no HOA, and no restrictions.
The truck has 2 alarm systems including motion sensors (drop through the roof and you set it off right away) and if one goes off you will either meet me with one of my many high speed lead poisoning devices I have or one of my nutjob AK47 owning neighbors that have been known to patrol my driveway when coyotes have set off the motion lights. It is Nevada after all
Im not saying its impossible, just saying you better hope you get away quietly.
Mines would be better...... or Bouncing Betty..........
Vinko
Well-known member
replying to an old thread, I know, but I recently asked my Snappy dealer about this and he said there are no restrictions like this for him. He doesn't even have a "contract" -- he claims -- and has been a dealer for over 30 years.