Cornwell Quality Tools is a prominent name in the mobile tool industry, recognized for its high-quality tools and longstanding commitment to excellence. Founded in 1919 by Eugene Cornwell in Ohio, Cornwell Quality Tools has over a century of experience in manufacturing and supplying tools that meet the rigorous demands of professional technicians, particularly in the automotive and heavy-duty repair industries.
The company's headquarters remain in Wadsworth, Ohio, where it continues to lead the market in tool production and distribution. Cornwell Quality Tools began offering franchise opportunities in 1997, expanding its reach through a network of franchised tool dealers across the United States.
What sets Cornwell apart from its competitors is not only the quality of its tools but also its commitment to customer service, with franchisees serving as the go-to source for professional technicians in their communities.
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
KEY FRANCHISE STATS
All you need to know about this franchise
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$599,000
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n.a.
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Below are some of
Cornwell Quality Tools
key competitors in the
Auto Parts
sector.
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$704,000
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Over $500K
$1,687,000
n.a.
$1,742,000
64.5%
n.a.
12.3%
n.a.
$179,000
-
$100K - $200K
$438,000
n.a.
$1,020,000
n.a.
n.a.
n.a.
n.a.
$248,000
-
$200K - $500K
$571,000
n.a.
$1,588,000
39.5%
n.a.
4.2%
n.a.
$161,000
-
$100K - $200K
$270,000
n.a.
$477,000
52.4%
n.a.
n.a.
n.a.
$376,000
-
$200K - $500K
$1,573,000
n.a.
$2,624,000
56.0%
n.a.
9.8%
n.a.
$458,000
-
$200K - $500K
$1,269,000
n.a.
$1,674,000
45.2%
n.a.
11.1%
n.a.
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A comprehensive and transparent look at franchising finances. The inclusion of profit margins and disclosure documents offers insights you can’t find elsewhere. Essential for anyone considering a franchise investment.
Been waiting for years for this. All the most important franchises and their latest Franchise Documents to download. The team also updates the franchises very quickly.
Cornwell Quality Tools provides comprehensive training to its franchisees to ensure they are well-prepared to succeed in their mobile tool business. The training includes both virtual and hands-on components. Initially, new franchisees receive virtual training through Zoom, which covers the operational aspects of running a tool truck franchise.
This includes learning about the tools and products, understanding the business model, and managing day-to-day operations.
Following the virtual training, franchisees receive hands-on guidance from a District Sales Manager during the first two weeks of operation.
This on-the-job training is crucial as it helps new franchisees become familiar with their specific route, interact with customers, and apply the knowledge they gained during the virtual sessions.
Cornwell Quality Tools offers territory protection to its franchisees. Each franchisee is assigned a specific geographic territory, allowing them to focus on serving customers within that area without competition from other Cornwell franchisees.
This exclusive territory ensures that franchisees have the freedom to sell to any customer within their designated area, including new businesses that open, providing ample opportunities for growth and business expansion.
The geographic territory protection provided by Cornwell Quality Tools is a significant benefit, as it helps franchisees build strong relationships with customers in their community.
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