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WOODCRAFT

WOODCRAFT

Woodcraft franchises operate retail stores under the WOODCRAFT® name, dedicated to selling woodworking products including tools, supplies, books, and related items, as well as providing services such as seminars, classes, demonstrations, and educational programs. The business model focuses on retail sales combined with hands-on educational experiences to build customer loyalty and community. Target market includes woodworking hobbyists, DIY enthusiasts, and professionals seeking high-quality supplies and learning opportunities.

Since 1997Specialty RetailParkersburg, WVWoodcraft, LLCwww.woodcraft.com
Item 19 AvailableSBA Loan Data

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

Investment
$573,789 - $752,692
Franchise Fee
$50,000
Locations
58

Financial Requirements

Franchise Fee$50,000
Initial Investment Range$573,789 - $752,692
Royalty Rate5.00%
Brand Fund1.50%
Fixed Monthly Fees$309 - $470

5% royalty + 1% marketing fund (1.5% after year 2) + $289-$450/mo Retail System Support Fee + $20/mo Gift Card Program fee

Franchise Stats

Franchise Locations58
Corporate LocationsN/A
States Operating35
Franchising Since1997
FDD Year2025

Financial Performance

Item 19 Financial Performance

Average Gross Revenue
$1,906,383
Median Gross Revenue
$1,862,614
Top Quartile Revenue
$2,313,520
Bottom Quartile Revenue
$1,499,246
Average Gross Profit
$646,060

Data Based On: 58 franchisee-owned Woodcraft Retail Stores that were open for the entire 12-month period ended December 31, 2024

* The financial performance data is provided for 58 franchisee-owned Woodcraft Retail Stores for the period January 1 - December 31, 2024. The 'Average Gross Revenues' for the 'Top 50%' segment ($2,313,520) was used for 'revenue_top_quartile', and the 'Average Gross Revenues' for the 'Bottom 50%' segment ($1,499,246) was used for 'revenue_bottom_quartile', as explicit quartile data was not available. The overall Average Gross Revenue ($1,906,383) was verified by calculating the weighted average of the 'Bottom 50%' (29 units x $1,499,246) and 'Top 50%' (29 units x $2,313,520) segments, which resulted in $1,906,383.0. A discrepancy was observed for 'Average Gross Profit': while the table states 'Average Gross Revenues - Cost of Goods Sold = Gross Profit' in the notes, the explicitly listed 'Average Gross Profit' ($646,060) in the 'All Franchisee-Owned Stores' column does not equal 'Average Gross Revenues' ($1,906,383) minus 'Average Cost of Goods Sold' ($1,182,578), which would be $723,805. Similar discrepancies were found for the 'Bottom 50%' and 'Top 50%' segments. As per instructions, the explicitly labeled 'Average Gross Profit' of $646,060 was used. The document explicitly states that operating costs and other expenses were not included, thus net income, net profit, and EBITDA figures cannot be determined or estimated, leading to these values being set to null.

Extracted Item 19 Section

How WOODCRAFT Compares to Other Specialty Retail Franchises

Key Insights

  • Higher investment than 91% of Specialty Retail franchises
  • Higher than average SBA loan default rate in Specialty Retail
FranchiseInvestment RangeFranchise FeeRoyaltyLocations
WOODCRAFT
Current
$574K - $753K$50K5.0%58
MERLE NORMAN COSMETICS$48K - $260KN/AN/A797
CORNWELL$80K - $324KN/AN/A793
BATTERIES PLUS$263K - $497K$45K5.0%604
PET SUPPLIES PLUS$537K - $2.0M$50K3.0%502
WILD BIRDS UNLIMITED$227K - $379K$40K4.0%340
Specialty Retail Average
46 franchises
$285K - $708K$38K5.0%-

* 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 (2024)

Outlets by state across the United States

Top States by Outlet Count
1TX
4
2VA
4
3TN
3
4OH
3
5CO
3
6PA
3
7WI
3
8MI
3
9FL
2
10KY
2
11AZ
2
12OK
2
13MD
2
14CA
2
15NC
2

+19 more states

SBA Loan History

Historical SBA 7(a) loan data for WOODCRAFT franchisees (2010 - 2024)

Total Loans
33
Average Loan Amount
$567,597
Total Loan Volume
$18,730,700
Default Rate
0.0%

Loans by Year

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts

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Due Diligence

Litigation (Item 3)

Franchisee Litigation Cases0

No litigation involving franchisees reported in the FDD.

Bankruptcy (Item 4)

Bankruptcy HistoryNo

No bankruptcy history reported in the FDD.

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
1
Reacquired by Franchisor
0
Ceased Operations (Other)
5
System Transfers
1
Sold to Franchisees
0
Projected New Franchises
1

Frequently Asked Questions

How much does it cost to open a WOODCRAFT franchise?

The total initial investment to open a WOODCRAFT 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 make?

According to the 2025 FDD, the average gross revenue for a WOODCRAFT franchise is $1,906,383. The median revenue is $1,862,614.

How many WOODCRAFT franchise locations are there?

As of the 2025 FDD, WOODCRAFT has 58 franchise locations. The company has been franchising since 1997.

Can you get an SBA loan for a WOODCRAFT franchise?

Yes, SBA loans are available for WOODCRAFT franchises. Historical data shows 33 SBA 7(a) loans have been approved for WOODCRAFT franchisees, with an average loan amount of $567,597. The historical default rate is 0.0%.

Is WOODCRAFT a good franchise to buy?

WOODCRAFT shows several positive indicators: transparent financial performance data (Item 19), low SBA loan default rate. 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.

Interested in WOODCRAFT?

Talk to a franchise advisor to get personalized guidance and learn if WOODCRAFT is the right fit for you.

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