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.
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% marketing fund (1.5% after year 2) + $289-$450/mo Retail System Support Fee + $20/mo Gift Card Program fee
Franchise Stats
Financial Performance
Item 19 Financial Performance
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
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
WOODCRAFT Current | $574K - $753K | $50K | 5.0% | 58 |
| 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 (2024)
Outlets by state across the United States
+19 more states
SBA Loan History
Historical SBA 7(a) loan data for WOODCRAFT franchisees (2010 - 2024)
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)
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?
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?
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