WOODCRAFT FRANCHISE, LLC
Woodcraft Franchise, LLC franchises retail stores under the WOODCRAFT® brand dedicated to selling woodworking products and services, including tools, supplies, books, seminars, classes, demonstrations, and educational programs. Franchisees operate these stores with support from affiliate Woodcraft Supply, LLC, which provides products and services. The target market is woodworking hobbyists, professionals, and enthusiasts seeking quality tools and learning opportunities.
Franchise Costs
5% royalty + 1% (years 1-2)/1.5% (year 3+) marketing fund + $289-$450/mo Retail System Support Fee + $20/mo Gift Card Program fee
Financial Performance
Item 19 Financial Performance
Data Based On: 63 franchisee-owned Woodcraft Retail Stores that were open for the entire 12-month period ended December 31, 2023.
* Calculated weighted average revenue: (13 units × $1,316,451 + 34 units × $1,932,793 + 16 units × $2,845,239) / 63 total units = $2,037,343.63. Calculated weighted average gross profit: (13 units × $515,672 + 34 units × $736,159 + 16 units × $1,085,111) / 63 total units = $779,284.41. Calculated weighted average store profit (net profit): (13 units × -$6,093 + 34 units × $65,818 + 16 units × $104,883) / 63 total units = $60,900.49. Median gross revenue is taken from the Median Gross Revenues of the 'Medium' segment as per instruction. Revenue top quartile is the Average Gross Revenues of the 'High' segment. Revenue bottom quartile is the Average Gross Revenues of the 'Low' segment. Best guess profit low is the lowest value from the 'Range of Store Profit' across all segments ($142,919 from Low segment). Best guess profit high is the highest value from the 'Range of Store Profit' across all segments ($311,716 from Medium segment).
Extracted Item 19 Section
How WOODCRAFT FRANCHISE, LLC Compares
Key Insights
- Higher investment than 89% of Specialty Retail franchises
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
WOODCRAFT FRANCHISE, LLC Current | $574K – $753K | $50K | 5.0% | 64 |
| MERLE NORMAN COSMETICS | $48K – $260K | N/A | N/A | 797 |
| CORNWELL | $80K – $324K | N/A | N/A | 793 |
| BATTERIES PLUS | $263K – $497K | $45K | 5.0% | 604 |
| PET SUPPLIES PLUS | $537K – $2.0M | $50K | 3.0% | 502 |
| WILD BIRDS UNLIMITED | $227K – $379K | $40K | 4.0% | 340 |
Specialty Retail Average 46 franchises | $285K – $708K | $38K | 5.0% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 46 Specialty Retail franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2023)
Outlets by state across the United States
+19 more states
Franchisee Contacts
95 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
95 Contacts Available
Unlock all WOODCRAFT FRANCHISE, LLC franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
The total initial investment to open a WOODCRAFT FRANCHISE, LLC franchise ranges from $573,789 to $752,692. This includes a franchise fee of $50,000. Ongoing royalty fees are 5.0% of gross sales.
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