Item 7 in this filing is presented by format, so the 2025 and 2026 ranges are not directly comparable. 2026: $174,380–$320,680. 2025: $79,525–$323,825.
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Low end of range | $79,525 | $174,380 | |
| High end of range | $323,825 | $320,680 | |
| Full range | $79,525–$323,825 | $174,380–$320,680 |
Item 7 in this filing is presented by format, so the 2025 and 2026 ranges are not directly comparable. 2026: $174,380–$320,680. 2025: $79,525–$323,825.
2026 filing: The only required up-front fee to the franchisor is the purchase of an initial inventory, which forms part of the total investment. Cornwell does not charge an initial franchise fee, royalty fee, or national advertising fee. Technology, territory, and hardware fees are detailed separately.
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Total outlets (Item 20) | 793 | 811 | +18 (+2.3%) |
| Franchised outlets | 793 | 811 | +18 (+2.3%) |
| Company-owned outlets | 0 | 0 | unchanged |
| Openings during the year | 127 | 114 | −13 |
| Closures during the year | 30 | 14 | −16 |
Cornwell Quality Tools reports 811 outlets in the 2026 FDD, against 793 in the 2025 filing — a change of +18 (+2.3%).
Outlet counts as each filing states them — 2025: Year ended December 31, 2024; 2026: As of December 31, 2025. All listed outlets are franchisee-owned mobile tool dealerships. No company-owned or affiliate locations are included. Transfers indicate dealer changes within operating territories. See Item 20 for full annual and state-by-state breakdowns.
Cornwell Quality Tools included an Item 19 financial performance representation in both the 2025 and 2026 filings. The 2026 filing discloses financial performance, broken out across 4 outlet segments for January 1, 2025 through December 31, 2025.
Neither filing states Cornwell Quality Tools' ongoing royalty as a single percentage rate, so there is no rate to compare year-over-year.
2025 filing: Item 6 lists Royalty as None. 2026 filing: No royalty fee is charged to franchisees. See Item 6.
Year-over-Year comparison is included with the $19 Workspace when available.