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.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
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
Franchise Stats
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 to Other Specialty Retail Franchises
Key Insights
- Higher investment than 89% of Specialty Retail franchises
| Franchise | Investment Range | Franchise 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
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Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a WOODCRAFT FRANCHISE, LLC franchise?
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.
How much revenue does a WOODCRAFT FRANCHISE, LLC franchise make?
According to the 2024 FDD, the average gross revenue for a WOODCRAFT FRANCHISE, LLC franchise is $2,037,343.63. The median revenue is $2,018,233.
How much profit can you make with a WOODCRAFT FRANCHISE, LLC franchise?
Based on the financial performance data in the FDD, estimated profit for a WOODCRAFT FRANCHISE, LLC franchise ranges from $-142,919 to $311,716 per year. Actual results vary based on location, management, and market conditions.
How many WOODCRAFT FRANCHISE, LLC franchise locations are there?
As of the 2024 FDD, WOODCRAFT FRANCHISE, LLC has 64 franchise locations. The company has been franchising since 2006.
Is WOODCRAFT FRANCHISE, LLC a good franchise to buy?
WOODCRAFT FRANCHISE, LLC shows several positive indicators: transparent financial performance data (Item 19). However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
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