Snap-on Tools has received top honors among the country’s tool franchises in the annual “Franchise 500 Ranking” by Entrepreneur magazine.

The company moved up 13 spots from 2008 rankings to place 37th overall.

Snap-on also ranked among the top five in the magazine’s list of home-based franchise businesses. The “Franchise 500” listing has been produced for 30 years by Entrepreneur magazine through research and analysis of hundreds of franchise companies.