Cornwell Quality Tools franchise research

Investment by format

Format-specific estimates only. Do not combine one format's minimum with another format's maximum.

Investment sourceFDD p.27 ↗

Franchise fees and ongoing costs

Franchise fee

$0 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review.

Royalty

0% · None - Cornwell charges no royalty fee

Marketing contribution

0% (basis not captured; see original filing)

Technology fee

$100 one-time IronMan Business Network (IBN) start-up fee to Cornwell (plus up to $30 optional for credit/debit card servicing vendor software) due at start; then $50/month to Cornwell plus roughly $10-$50/month to the card servicing vendor, if used

Other fees

Computer hardware purchase (~$3,500, offset by a $1,500 Cornwell credit); required high-bandwidth internet/connectivity service costs; commercial insurance premiums (no fixed fee, market-based)

Working capital (FDD Item 7)

$15,000 to $35,000 - additional working capital to cover personal, vehicle, and business expense shortfalls during the first 90 days of the dealership; typical monthly personal/family expenditures are estimated at up to $5,000

Fees sourceFDD · page not captured ↗

Working capital is drawn from Item 7. The Investment source below locates the investment section, not an independently verified working-capital scalar.

Investment sourceFDD p.27 ↗

Franchise fee sourceFDD · page not captured ↗

Financial performance: Item 19

Item 19 captured

Yes

Metric / basis

Average, median, highest, and lowest annual gross revenue ('Total Completed Business') by thirds of reporting dealers, plus national average/median/highest/lowest weekly sales

Reporting period

Calendar year 2025 (January 1 - December 31, 2025)

Sample

699 Cornwell Dealers (all U.S. dealers operating under Dealer Franchise Agreements that were in business all of 2025 and reported sales for at least 48 weeks); divided into three groups of 233 each for Chart 1

Reported average

Not captured

Reported median

Not captured

Owner income is not captured. Gross sales and EBITDA are not owner pay. Results depend on the disclosed metric, sample and period; consult the full filing.

Item 19 performance sourceFDD p.70 ↗

Unit growth: Item 20

Reporting year

2025

Scope

franchised outlets

Starting outlets

793

Year-end outlets

811

Net change

+18

Derivation

ending minus starting outlets

Openings

114

Terminations

14

Non-renewals

0

Other closures

82

Reacquisitions

0

Transfers

21

Transfers are not closures. Net change is ending minus starting outlets for the stated scope and year, or complete openings less terminations, non-renewals, other closures and reacquisitions. Missing inputs stay unknown.

Unit growth sourceFDD p.76 ↗

SBA loan history

Loan activity

6 approvals

Activity window

FY2021-FY2026 YTD; snapshot 2026-06-30

Median SBA loan

$100,000

Median loan window

FY2023-FY2026 YTD through 2026-06-30

Median loan sample

5 loans

Historical charge-off share

20.00%

Cohort

7(a) FY2010-2019 approvals

Numerator / denominator

2 / 10

Formula

CHGOFF / (PIF + CHGOFF + EXEMPT) × 100

This is a historical loan-level share, not a franchise failure probability or location survival rate. Loan size is not total investment. Other loan statuses are excluded from the seasoned denominator. Activity combines 7(a) and 504 approvals, excluding canceled and not-funded records; this is not a rolling five-year count. FY2024-25 franchise tags are sparse after directory suspension; fewer tagged loans do not establish brand decline. Recent charge-off cohorts are immature.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Median loan amounts are financing context, not startup cost. The median window is separate from the seasoned charge-off cohort.

Median SBA loan sourceSBA data · Jun 30, 2026 ↗

Questions before you invest

How much does Cornwell Quality Tools franchise cost?

convertee (existing dealer converting to franchise): $79,380 to $325,680; new dealership: $174,380 to $320,680 These are format-specific estimates, not a guaranteed cash requirement. Franchise fee: $0 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review..

Investment sourceFDD p.27 ↗

Franchise fee sourceFDD · page not captured ↗

How much do Cornwell Quality Tools owners make?

Owner income is not captured. Gross sales and EBITDA are not owner pay. Item 19 metric: Average, median, highest, and lowest annual gross revenue ('Total Completed Business') by thirds of reporting dealers, plus national average/median/highest/lowest weekly sales. Sample: 699 Cornwell Dealers (all U.S. dealers operating under Dealer Franchise Agreements that were in business all of 2025 and reported sales for at least 48 weeks); divided into three groups of 233 each for Chart 1. Period: Calendar year 2025 (January 1 - December 31, 2025).

Item 19 performance sourceFDD p.70 ↗

What's the SBA charge-off rate for Cornwell Quality Tools?

20.00%; numerator / denominator: 2 / 10. Historical 7(a) FY2010-2019 approvals; CHGOFF / (PIF + CHGOFF + EXEMPT) × 100, snapshot 2026-06-30. This is not a franchise failure probability. Median SBA loan: $100,000; window: FY2023-FY2026 YTD through 2026-06-30; sample: 5 loans. Median financing is not total investment.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Median SBA loan sourceSBA data · Jun 30, 2026 ↗