Let’s say, you have created some snippets in some other IDE, for example, CFEclipse. You can use the same snippets in CFBuilder as well.
In Window – Preferences – ColdFusion – Snippets – Snippets directory, set the snippets folder in CFEclipse workspace ({Workspace root}/.metadata/.plugins/org.cfeclipse.cfml/snippets/). This enables you to work with your existing snippets as is in CFBuilder.
Alternatively, you may copy snippets from CFEclipse workspace to CFBuilder workspace.
Location in the CFEclipse workspace:
{Workspace root}/workspace_name/.metadata/.plugins/org.cfeclipse.cfml/snippets/
Location in the CF Builder workspace:
{Workspace root}/workspace_name/.metadata/snippets/

Does CF Builder support dynamic snippet variables as in CFEclipse?
It is better to copy all your snippets to CFBuilder workspace…
If your using a Mac like so many of us are, your never going to find those file locations since folders starting with a ‘.’ are considered hidden (This is the default behavior on Linux also.)
In order to view those folder locations via Finder you must use an 3rd-party utility such as Deeper to turn on showing hidden files.
I’ve filed a ER (79597) to have the default location for Snippets moved to a non-hidden folder. No clue if they will do that.