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Home > Franchises > Woodcraft Franchise Corp.
Woodcraft Franchise Corp.
A franchise agreement takes place when the concerned parties involved are bound together through certain contractual provisions. This is an arrangement whereby someone with an idea for a business, the franchisor, sells to another person the franchisee the rights to use the business's name, sell a product, or provide a service to someone else. A franchise agreement will usually specify the given territory the franchisee retains exclusive control over the area protection, as well as the extent to which the franchisee will be supported by the franchisor.
Woodcraft Franchise Corporation was founded in 1928 as a small supply source for Boston’s North end cabinetmakers, Affiliated with Woodcraft Supply Corp. The Woodcraft franchise program began 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 employees, 2 employees in franchise department.
Woodcraft Supply LLC has been a modernizer and leader in the field of electronic marketing, continuing to forcefully remain on the cutting edge of new technologies. Franchise owners have the opportunity to step into these established web site features without the costly and time-consuming initial investments.
Woodcraft Franchise LLC has the experience and the size to provide you with many support services. But the principal feature of the Woodcraft system is their devotion to being the best at what they do. This attitude applies to their franchise support system in the same way that it works for their purchasing, promotion, product development, and merchandising systems.
The costs and fees include total investment of $451000 to 551000, franchise fee is $50000, ongoing royalty fee is 5 percent and Term of agreement is 10 years, renewable. The company’s ranking in Franchise 500 is 421 in 2006, 472 in 2005, 480 in 2004, 462 in 2003, and 441 in 2002 according to Entrepreneur magazine 2002-2006.
Woodcraft Supply LLC has an important catalog operation. The Woodcraft catalog, which is annually sent to more than 3 million people in all 50 states and 70 foreign countries, features more than 4,000 quality hand and power tools, all of which are in the retail stores. Woodcraft Franchise is one of opportunity, not only for their customers and employees but for those who are looking for a quality franchise investment.
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