Woodcraft Franchise LLC
Woodworking supply specialty storeBackground
Founded: 1928 Franchising since: 1997
Woodcraft was founded in 1928 as a small supply source for Boston's North End cabinetmakers. Affiliated with Woodcraft Supply Corp., the Woodcraft franchise program started in 1997. The company has more than 32 locations throughout the United States. The private company is based in Parkersburg, West Virginia.
Franchisor is a privately-held company with 80 employee(s); 2 employee(s) in franchise department.
Franchise Growth
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Exclusive territories available.
Territory size: 350,000+ population
Woodcraft was founded in 1928 as a small supply source for Boston's North End cabinetmakers. Affiliated with Woodcraft Supply Corp., the Woodcraft franchise program started in 1997. The company has more than 32 locations throughout the United States. The private company is based in Parkersburg, West Virginia.
|
1177 Rosemar Rd., P.O. Box 245 Parkersburg, West virginia 26105 |
Phone: (304)422-5412
Franchisee Association
Franchise Advisory Council |
Franchisor is a privately-held company with 80 employee(s); 2 employee(s) in franchise department.
Franchise Growth
| Year | U.S. Franchises | Canadian Franchises | Foreign Franchises | Company Owned |
| 2008 | 88 | 0 | 0 | 3 |
| 2007 | 82 | 0 | 0 | 3 |
| 2006 | 79 | 0 | 0 | 3 |
| 2005 | 74 | 0 | 0 | 4 |
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Exclusive territories available.
Territory size: 350,000+ population
Costs and Fees
|
Total investment: $505.3K-650.3K Franchise fee: $50K |
Ongoing royalty fee: 5% Term of agreement: 10 years, renewable |
Type of Financing Available
| In-House | Third Party | |
| Franchise Fee | No | No |
| Startup Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Qualifications
Cash liquidity requirement: $150K
Business Experience:
- Must love woodworking
Operations
- 5% of all franchisees own more than one unit
- Number of employees needed to run franchised unit: 8 - 9
- Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)
Training and Support
Training
Ongoing Support
Marketing Support
- Available at headquarters: 2 weeks
- At franchisee's location: 2-3 weeks
Ongoing Support
- Newsletter
- Meetings
- Toll-free phone line
- Grand opening
- Internet
- Security/safety procedures
- Field operations/evaluations
- Purchasing cooperatives
Marketing Support
- Co-op advertising
- Ad slicks
- National media
- Regional advertising
Rankings
Franchise 500® rank:
#373 (2009); #353 (2008); #296 (2007); #421 (2006); #472 (2005);
Ranked #1 in category in:
2008;
#373 (2009); #353 (2008); #296 (2007); #421 (2006); #472 (2005);
Ranked #1 in category in:
2008;