Cornwell Quality Tools Franchise FDD, Costs & Fees (2025)

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Franchisees

?

793
+
-2%
-2%
Investment required

?

$175,000 - $319,000
Revenue (AUV)

?

$599,000
Undisclosed
Pro
+
2.2%
+
xx%
-xx%
2.2%
Initial franchise fee

?

n.a.
Royalty fees

?

n.a.
+
n.a.
Operating Profit

?

n.a.

Pro
Franchisees

?

793
+
-2%
-2%
Investment required

?

$175,000 - $319,000
Franchise fee

?

n.a.
Royalty fees

?

n.a.
+
n.a.
Revenue (AUV)

?

$599,000
Undisclosed
Pro
+
2.2%
+
xx%
-xx%
2.2%
Operating Profit

?

n.a.

Pro

Cornwell Quality Tools: Forging a Legacy in Professional Tool Solutions

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.

Initial investment

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.

Type of Expenditure Amount
Initial Franchise Fee $0
Training Expenses $0 - $5,000
Real Estate $0
Initial Inventory $60,000 - $65,000
Vehicle $75,000 - $185,000
Insurance $250 - $2,550
Additional Funds – Three Months $15,000 - $35,000
Equipment/Clothing/Fixtures/Other Fixed Assets $0 - $5,000
Reserve $20,000
Computer System $3,500
Computer Software $275
Security & Utility Deposits/Business Licenses/Other Prepaid Expenses $500 - $2,500
Total (for reference) $174,525 to $318,825 (new dealerships)

Franchise Disclosure Document

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Competitors

Franchise
Franchisees
Growth
Initial fee
Investment
Revenue
Gross Profit
Operating Profit
Industry

793

+
-2%
-2%
No growth
New

n.a.

$175,000

-

$319,000

n.a.

$599,000

Pro

n.a.

Pro

n.a.

Pro

Automotive

Training 

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. 

Additionally, Cornwell provides ongoing support and training to keep franchisees updated on new products, promotions, and business strategies.

Territory Protection

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. 

Number of units

2025
Franchised units

809

795

793

Company-owned units

0

0

0

Total units

809

795

793

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-
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169
+
22%
22%

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Investment required
$179,000
-
$438,000
Franchisees
162
+
-5%
-5%

Mighty Auto Parts

Investment required
$248,000
-
$571,000
Franchisees
90
+
-6%
-6%

Detail Garage

Investment required
$161,000
-
$270,000
Franchisees
59
+
20%
20%

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