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Woodcraft Franchise LLC

Woodworking supply specialty store

Background

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.
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
  • 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;


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