Woodcraft Franchise FDD, Profits & Costs (2025)
Woodcraft, a leading retailer in the woodworking supply industry, was founded in 1928 and is headquartered in Parkersburg, West Virginia. Originally established as a small operation catering to Boston’s cabinetmakers, Woodcraft has grown significantly over the decades.
The company started franchising in 1997 and now boasts a large network of stores across the United States, providing a wide range of woodworking tools, equipment, and supplies.
Woodcraft stands out in the market due to its extensive product offerings, including high-quality hand and power tools, woodworking classes, and its significant catalog and internet sales operations.
The company’s commitment to quality and customer education is evident in its offering of over 13,000 classes annually, making it a valuable resource for both professional woodworkers and hobbyists.
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Initial Investment
How much does it cost to start a Woodcraft franchise? It costs on average between $574,000 – $753,000 to start a Woodcraft franchised business.
This includes costs for construction, equipment, inventory, and initial operating expenses. The exact amount depends on various factors, including the location and whether the franchisee chooses to lease or purchase the property.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $50,000 |
| Retail System Support Fee | $289 – $450 |
| First Month’s Rent | $0 – $10,000 |
| Security Deposits | $9,000 – $10,000 |
| Initial Inventory | $342,500 – $408,242 |
| Leasehold Improvements | $10,000 – $50,000 |
| Furniture and Fixtures | $55,000 – $75,000 |
| Insurance | $3,000 – $10,000 |
| Training Expenses | $1,000 – $3,000 |
| Grand Opening Advertising | $25,000 – $25,000 |
| Signage | $6,000 – $9,000 |
| Office Equipment and Supplies | $22,000 – $27,000 |
| Additional Funds (3 Months) | $50,000 – $75,000 |
| Total | $574,000 – $753,000 |
Average Revenue (AUV)
How much revenue can you make with a Woodcraft franchise? A Woodcraft franchised store makes on average $1,863,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
This compares to $1,273,000 yearly revenue for similar hardware franchises. Below are 10 Woodcraft competitors as a comparison:
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We have compiled the list of the top 400 franchises across 9 industries. Download the report below.
Woodcraft Franchise Disclosure Document
Frequently Asked Questions
How many Woodcraft locations are there?
As of the latest data, Woodcraft has a total of 69 locations. This includes a mix of both company-owned and franchise-owned stores, but the majority of Woodcraft’s stores are franchise-operated. The company has maintained a relatively stable number of stores over recent years, with minimal changes in openings and closures.
What is the total investment required to open a Woodcraft franchise?
The total investment required to open a Woodcraft franchise ranges from $574,000 to $753,000.
What are the ongoing fees for a Woodcraft franchise?
For a Woodcraft franchise, the ongoing fees include a royalty fee of 5% of gross revenues, which is standard for the franchise. Additionally, franchisees are responsible for marketing and advertising fees, which range from 3.75% to 5% of gross revenues, depending on the store’s sales volume.
What are the financial requirements to become a Woodcraft franchisee?
To become a Woodcraft franchisee, the financial requirements include having a minimum net worth of approximately $600,000. Additionally, prospective franchisees must have at least $250,000 in liquid capital. These financial benchmarks ensure that franchisees are equipped to cover the initial investment, operational costs, and ongoing expenses associated with running a Woodcraft store.
How much can a Woodcraft franchise owner expect to earn?
The average gross sales for a Woodcraft franchise are approximately $1.86 million per location. Assuming a 15% operating profit margin, $1.86 million yearly revenue can result in $279,00 EBITDA annually.
Who owns Woodcraft?
Woodcraft is owned by Woodcraft Supply, LLC, which has been in operation since 1946. The company is headquartered in Parkersburg, West Virginia, and is primarily known for its focus on woodworking tools and supplies. Woodcraft Supply, LLC operates the franchise system under the name “Woodcraft.”
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