Cornwell Quality Tools

$CQTRF500 #118
CategoryRetail
SubcategoryTools Distribution
Locations811
Franchisee Count383
Franchise Fee$60,000
Item 7 Low$79,380
Item 7 Midpoint$202,530
Item 7 High$325,680
Royalty FeesNo royalty fee
Ad / Brand Fund
Sold Not Open0
ParentRaymond M. Moeller family
Founded1919
Completeness34/34 (100%)
Years in Business106
Began Franchising2003
HQWadsworth, OH
Executives15
LinksWeb
Main Phone(330) 336-3506
FDD IssuedApril 1, 2026
Last UpdatedAug 24, 2026
FDDs2026 · 2025 · 2022 🔒
Franchisor

Cornwell Quality Tools Company manufactures and sells professional-quality mechanics' hand tools and related equipment, distributing products primarily through independent franchised dealerships who sell directly from mobile "rolling tool store" trucks to mechanics, service managers, and owners of auto and truck dealerships, repair shops, and other businesses.

Franchisees must acquire a laptop, bar code scanner, and signature pad from Cornwell for approximately $3,500, and are required to use the 'Ironman Business Network (IBN)' software with a one-time $100 setup fee and a monthly service fee of $50.

Cornwell Quality Tools Company manufactures and sells professional-quality mechanics' hand tools and related equipment, distributing products primarily through independent franchised dealerships who sell directly from mobile "rolling tool store" trucks to mechanics, service managers, and owners of auto and truck dealerships, repair shops, and other businesses.

Read Cornwell Quality Tools’s complete April 1, 2026 Franchise Disclosure Document — plus 2 prior years on file. Founder level — $19/mo — also unlocks Item 19 revenue, financial strength and unit trajectory across all 3,850 brands on FranDeals.

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