Start-Up Costs and Fees |
||
| Cornwell Tools | K & N Mobile Distribution Systems | |
| Investment | 59525 - 272825 | 67318 - 195307 |
| Franchise Fee | ||
| Royalty Fee | 9% | |
| Advertising Fee | 1% | |
| Year Founded | 1919 | 1972 |
| Year Franchised | 1997 | 2008 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Cornwell Tools | K & N Mobile Distribution Systems | |
| Experience | ||
Financing Options |
||
| Cornwell Tools | K & N Mobile Distribution Systems | |
| Franchise Fees | ||
| Start-up Costs | Yes | |
| Equipment | ||
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | ||
Training & Support |
||
| Cornwell Tools | K & N Mobile Distribution Systems | |
| Training | On-The-Job Training: 80 hours Classroom Training: 40 hours | * Entire system orientation * Product line and parts numbers introduction * One full day of learning product * Catalog and price book instruction * People skills instruction Training is a 10-day process with one day spent shadowing an experienced sales person, and one half-day learning our proprietary software. Also included: * Training videos * Strategies for selling to a variety of businesses * How to develop new accounts * Role playing * Discussing competition |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | A number of sales and marketing advantages go along with being part of the Cornwell Team. These have been proven to assist the Cornwell Tool Dealer in the quest for success. As a Franchised Tool Dealer you benefit from: * Free catalogs! * Monthly promotional flyers to hand out to customers with special discounts and featured items * National brand advertising in major automotive aftermarket magazines and racing programs * Special programs for aggressive discounts, proprietary tools, or specific customer promotions * A full support staff of Customer Service Representatives * A National Cornwell Rally with vendors, training, fun and recognition with Top Performers awarded on both Regional and National levels Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Email marketing Loyalty program/app | |
| Operations | ||
Expansion Plans |
||
| Cornwell Tools | K & N Mobile Distribution Systems | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Cornwell Tools | |
| K & N Mobile Distribution Systems | |
| Franchise Fee | |
| Cornwell Tools | |
| K & N Mobile Distribution Systems | |
| Royalty Fee | |
| Cornwell Tools | |
| K & N Mobile Distribution Systems | 9% |
| Advertising Fee | |
| Cornwell Tools | |
| K & N Mobile Distribution Systems | 1% |
| Year Founded | |
| Cornwell Tools | 1919 |
| K & N Mobile Distribution Systems | 1972 |
| Year Franchised | |
| Cornwell Tools | 1997 |
| K & N Mobile Distribution Systems | 2008 |
| Term Of Agreement | |
| Cornwell Tools | |
| K & N Mobile Distribution Systems | |
| Renewal Fee | |
| Cornwell Tools | |
| K & N Mobile Distribution Systems | |
Business Experience Requirements |
|
| Experience | |
| Cornwell Tools | |
| K & N Mobile Distribution Systems | |
Financing Options |
|
| Franchise Fees | |
| Cornwell Tools | |
| K & N Mobile Distribution Systems | |
| Start-up Costs | |
| Cornwell Tools | |
| K & N Mobile Distribution Systems | |
| Equipment | |
| Cornwell Tools} | |
| K & N Mobile Distribution Systems | |
| Inventory | |
| Cornwell Tools | |
| K & N Mobile Distribution Systems | |
| Receivables | |
| Cornwell Tools | |
| K & N Mobile Distribution Systems | |
| Payroll | |
| Cornwell Tools | |
| K & N Mobile Distribution Systems | |
Training & Support |
|
| Training | |
| Cornwell Tools | On-The-Job Training: 80 hours Classroom Training: 40 hours |
| K & N Mobile Distribution Systems | * Entire system orientation * Product line and parts numbers introduction * One full day of learning product * Catalog and price book instruction * People skills instruction Training is a 10-day process with one day spent shadowing an experienced sales person, and one half-day learning our proprietary software. Also included: * Training videos * Strategies for selling to a variety of businesses * How to develop new accounts * Role playing * Discussing competition |
| Support | |
| Cornwell Tools | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| K & N Mobile Distribution Systems | |
| Marketing | |
| Cornwell Tools | A number of sales and marketing advantages go along with being part of the Cornwell Team. These have been proven to assist the Cornwell Tool Dealer in the quest for success. As a Franchised Tool Dealer you benefit from: * Free catalogs! * Monthly promotional flyers to hand out to customers with special discounts and featured items * National brand advertising in major automotive aftermarket magazines and racing programs * Special programs for aggressive discounts, proprietary tools, or specific customer promotions * A full support staff of Customer Service Representatives * A National Cornwell Rally with vendors, training, fun and recognition with Top Performers awarded on both Regional and National levels Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Email marketing Loyalty program/app |
| K & N Mobile Distribution Systems | |
| Operations | |
| Cornwell Tools | |
| K & N Mobile Distribution Systems | |
Expansion Plans |
|
| US Expansion | |
| Cornwell Tools | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| K & N Mobile Distribution Systems | |
| Canada Expansion | |
| Cornwell Tools | |
| K & N Mobile Distribution Systems | |
| International Expansion | |
| Cornwell Tools | |
| K & N Mobile Distribution Systems | |