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Woody's Wood Shops
 

WOODY'S WOOD SHOPS offer instruction and use of virtually all shop tools in a fully outfitted wood shop. After detailed instruction and testing, members have full use of shop and related facilities. Open 15 hours/day, 7 days/week. Also sell small tools and all power equipment at cost plus 5%. Members pay front-end fees plus dues.

Franchisor Background

Year Established:

  1978

Franchising Since:

  1980

Operating Units:

Franchised Units:28 66.7%  
Company-Owned Units:14 33.3%  
 ______ _____  
Total Operating Units:42 100%  
 

Geographic Distribution:

U.S.:36 85.7% In 7 States
Canada:6 14.3% In 2 Canadian Provinces
International:0 0% In 0 Foreign Countries
 ______ _____  
Total:42 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. California16
2. Oregon8
3. Washington3

Registered in Following Registration States:

  

Financial Requirements

Investment:

Minimum Net Worth:$
Cash Investment:$72K
Total Investment:$85-185K
Average Total Investment:$135K
 

Fees:

Initial Franchise Fee:$22K
Average Franchise Fee:$22K
On-Going Royalty:6%
Average Royalty:6%
Advertising Fee:2%

Average Number of Employees:

   1 Full-time, 4 Part-time

Space Needs (in square footage):

   N/A

Preferred Sites:

   Free-standing Building

Other Sites:

   Warehouse

Encourage Conversions?

   Yes

Earnings Claims Provided?

   Yes

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:No
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff:21
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?Yes, Direct
 

Marketing Support:

Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 

On-Going Support:

Central Data Processing:Included in Fees
Central Purchasing:Not Applicable
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Not Applicable
Inventory Control:Not Applicable
Franchisee Newsletter:At Additional Cost
Regional or National Meetings:Included in Fees
800 Telephone Hotline:At Additional Cost
 

Training:

1. Headquarters3 Weeks
2. On-Site2 Weeks
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:N/A
General Business Experience:N/A
Specific Industry Experience:N/A
Formal Education:N/A
Psychological Profile:N/A
Personal Interview(s):N/A

Minority Representation

Units Owned by Minorities:

African-American:N/A
Asian-American:N/A
Hispanic:N/A
Native American:N/A
Other:N/A
Specific Minority:N/A

Terms of Contract

Term of Initial Contract:15 Year(s)
Term of Renewal Period:15 Year(s)
Passive Ownership:Allowed, But Discouraged
Area Development Agreements?Yes, for 1 Year(s)
Sub-Franchising Contracts?Yes
Franchisees Allowed to Expand Within Territory?No

Expansion Plans

Projected New Units Over Next 12 months:

   4
U.S.:Yes, All United States
Canada:Yes, ON Only
Overseas:No
 
 
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