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Woodcraft Franchise LLC

At a Glance

Products & Services: Woodworking supply specialty store

Number of Locations: 91

Total Investment: $505.3K - 650.3K

Founded: 1928

Began Franchising: 1997

Private Owned

About Woodcraft Franchise LLC

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.

Franchise Units

Year U.S. Canadian International Company Owned
2008 88 0 0 3
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.

Startup Costs, Ongoing Fees and Financing

Total Investment: $505,300 - $650,300
Franchise Fee: $50,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Liquid Cash Available: $150,000
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).

How This Franchise Supports Franchisees

Training: 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,

Franchise Ranking History

Franchise 500®: #373 (2009), #353 (2008),