Woodcraft Franchise FDD, Costs & Fees (2025)

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Franchisees

?

58
+
-9%
-9%
Investment required

?

$574,000 - $753,000
Revenue (AUV)

?

$1,863,000
Undisclosed
Pro
+
n.a.
+
xx%
-xx%
n.a.
Initial franchise fee

?

$50,000
Royalty fees

?

5.00%
+
1% - 10%
Operating Profit

?

n.a.

Pro
Franchisees

?

58
+
-9%
-9%
Investment required

?

$574,000 - $753,000
Franchise fee

?

$50,000
Royalty fees

?

5.00%
+
1% - 10%
Revenue (AUV)

?

$1,863,000
Undisclosed
Pro
+
n.a.
+
xx%
-xx%
n.a.
Operating Profit

?

n.a.

Pro

Woodcraft: Crafting Success in the Woodworking Supply Industry

Established in 1928, Woodcraft has earned its reputation as a premier retailer in the woodworking supply sector. Headquartered in Parkersburg, West Virginia, the company began as a small-scale operation catering to Boston’s cabinetmakers and has since expanded into a nationally recognized brand.

Woodcraft launched its franchising program in 1997, growing into a vast network of stores across the United States. It offers an impressive selection of woodworking tools, equipment, and supplies, catering to the needs of both professionals and hobbyists.

What sets Woodcraft apart is its extensive range of high-quality hand and power tools, its dedication to customer education through over 13,000 annual woodworking classes, and its robust catalog and online sales channels. This comprehensive approach positions the company as a go-to resource for woodworking enthusiasts.

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 $50,000
Retail System Support Fee $289 – $450
First Month’s Rent $0 – $10,000
Security Deposits $9,000 – $10,000
Initial Inventory $342,500 – $408,242
Leasehold Improvements $10,000 – $50,000
Furniture and Fixtures $55,000 – $75,000
Insurance $3,000 – $10,000
Training Expenses $1,000 – $3,000
Grand Opening Advertising $25,000
Signage $6,000 – $9,000
Office Equipment and Supplies $22,000 – $27,000
Additional Funds (3 Months) $50,000 – $75,000
Total $574,000 – $753,000

Franchise Disclosure Document

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Competitors

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

58

+
-9%
-9%
No growth
New

$50,000

$574,000

-

$753,000

n.a.

$1,863,000

Pro

38.0%

Pro

n.a.

Pro

Retail

Training

Woodcraft, provides several types of training and operational assistance to franchisees. These include:

  1. Initial Training: This is an extensive program conducted at the franchisor's corporate headquarters, designed to cover all aspects of running a Woodcraft Retail Store. This program typically spans eight to nine days and includes comprehensive instruction for franchise owners or their general managers.
  2. Ongoing Training: The franchisor may provide additional training programs, which can include seminars, refresher courses, and informational meetings. Attendance at some of these sessions may be mandatory while others are optional. Franchisees are responsible for covering all travel and living expenses for these sessions.
  3. Training for New or Replacement General Managers: If a franchise hires a new general manager after the initial training, the franchisor requires the new hire to attend the next available training session, incurring a fee.
  4. On-Site Assistance: During the opening and initial operation of a new store, a franchisor representative is available to provide on-site assistance, including store setup and operations guidance.
  5. Operational Guidance: The franchisor's field representatives may periodically visit the store to offer guidance, training, and ensure compliance with brand standards.

Territory Protection

Woodcraft provides franchisees with a defined territory, but the level of protection is limited. While the franchise agreement may grant a specified territory to operate, it does not necessarily prevent the franchisor from competing within that area.

This means that Woodcraft reserves the right to operate competing businesses or sell directly to customers within the franchisee's territory under certain conditions.

The agreement outlines operating restrictions to maintain brand consistency and ensure adherence to company policies. However, these provisions often do not guarantee exclusivity, as the franchisor may retain rights to establish additional locations or partnerships nearby.

Number of units

2025
Franchised units

64

64

58

Company-owned units

10

10

11

Total units

74

74

69

Competitors

Snap-on Tools

Investment required
$222,000
-
$500,000
Franchisees
3201
+
-2%
-2%

Metal Supermarkets

Investment required
$351,000
-
$613,000
Franchisees
92
+
14%
14%

Matco Tools

Investment required
$108,000
-
$383,000
Franchisees
1811
+
0%
0%

Mac Tools

Investment required
$123,000
-
$347,000
Franchisees
820
+
6%
6%

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