Woodcraft Franchise FDD, Costs & Fees (2025)

Woodcraft offers woodworking tools, supplies, and classes, catering to woodworking enthusiasts and professionals looking to create quality projects.

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
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

Number of units

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.

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.

Competitors

Below are some of

Woodcraft

key competitors in the

Hardware

sector.

Franchise
Franchisees
Initial fee
Total investment
Revenue
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Gross Profit
Upgrade
EBITDA
Upgrade

58

New
+
-9%
-9%

$50,000

$574,000

$753,000

n.a.

$1,863,000

$xxx,xxx

38.0%

xx%

n.a.

n.a.

xx%

n.a.

Competitors

Hardware Hank

Hardware Hank is a hardware retail franchise offering tools, supplies, and expert advice to DIY enthusiasts and professionals alike.

Franchisees

?

577
+
-4%
-4%
Investment

?

$307,000 - $2,177,000
Retail
Hardware

Woodcraft

Woodcraft offers woodworking tools, supplies, and classes, catering to woodworking enthusiasts and professionals looking to create quality projects.

Franchisees

?

58
+
-9%
-9%
Investment

?

$574,000 - $753,000
Retail
Hardware

Winzer

Winzer is a leading supplier of industrial and automotive maintenance supplies, offering a comprehensive range of products to businesses. With a focus on quality and service, Winzer supports its clients in maintaining efficient operations.

Franchisees

?

275
+
-9%
-9%
Investment

?

$6,000 - $16,000
Retail
Hardware

Snap-on Tools

Tool and equipment franchise specializing in high-quality hand and power tools for automotive, industrial, and professional use, catering to professional mechanics and technicians.

Franchisees

?

3201
+
-2%
-2%
Investment

?

$222,000 - $500,000
Retail
Hardware

PowerWashStore

PowerWashStore offers professional pressure washing equipment and supplies, providing everything needed for efficient and effective cleaning solutions.

Franchisees

?

8
+
33%
33%
Investment

?

$115,000 - $250,000
Retail
Hardware

Metal Supermarkets

Metal supplier franchise offering a wide range of metal products, including steel, aluminum, and stainless steel, catering to both individual customers and businesses.

Franchisees

?

92
+
14%
14%
Investment

?

$351,000 - $613,000
Retail
Hardware