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.

58
Locations
$574K–$753K
Investment
Since 1997
Franchising
Specialty RetailParkersburg, WVWoodcraft, LLCwww.woodcraft.comDisclaimer

Franchise Costs


Franchise Fee
$50,000
Item 5 of FDD
Initial Investment Range
$573,789 $752,692
Low: $573,789High: $752,692
Item 7 of FDD
Royalty Rate
5.00%
of gross sales
Brand Fund
1.50%
Item 6 of FDD
Fixed Monthly Fees
$309 – $470
Item 6 of FDD

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

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$0
Median Gross Revenue
$0
Top Quartile Revenue
$0
Bottom Quartile Revenue
$0
Average Gross Profit
$0

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


Key Insights

  • Higher investment than 91% of Specialty Retail franchises
  • Higher than average SBA loan default rate in Specialty Retail
FranchiseInvestmentFeeRoyaltyLocations
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
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 (20102024)

Total Loans
33
Average Loan
$567,597
Total Volume
$18.7M
Default Rate
0.0%

Loans by Year

SBA 7(a) loan activity over time

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

Franchisee Contacts


58 franchisee contacts on file from official FDD filings.

NameSBA 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

58 Contacts Available

Unlock all WOODCRAFT franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
1
Reacquired
0
Ceased Ops
5
Transfers
1
Sold to Franchisees
0
Projected New
1

Frequently Asked Questions


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.

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