Start-Up Costs and Fees |
||
| K & N Mobile Distribution Systems | Cornwell Tools | |
| Investment | 67318 - 195307 | 59525 - 272825 |
| Franchise Fee | ||
| Royalty Fee | 9% | |
| Advertising Fee | 1% | |
| Year Founded | 1972 | 1919 |
| Year Franchised | 2008 | 1997 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| K & N Mobile Distribution Systems | Cornwell Tools | |
| Experience | ||
Financing Options |
||
| K & N Mobile Distribution Systems | Cornwell Tools | |
| Franchise Fees | ||
| Start-up Costs | Yes | |
| Equipment | ||
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | ||
Training & Support |
||
| K & N Mobile Distribution Systems | Cornwell Tools | |
| Training | * 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 | On-The-Job Training: 80 hours Classroom Training: 40 hours |
| 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 |
||
| K & N Mobile Distribution Systems | Cornwell Tools | |
| 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 | |
| K & N Mobile Distribution Systems | |
| Cornwell Tools | |
| Franchise Fee | |
| K & N Mobile Distribution Systems | |
| Cornwell Tools | |
| Royalty Fee | |
| K & N Mobile Distribution Systems | 9% |
| Cornwell Tools | |
| Advertising Fee | |
| K & N Mobile Distribution Systems | 1% |
| Cornwell Tools | |
| Year Founded | |
| K & N Mobile Distribution Systems | 1972 |
| Cornwell Tools | 1919 |
| Year Franchised | |
| K & N Mobile Distribution Systems | 2008 |
| Cornwell Tools | 1997 |
| Term Of Agreement | |
| K & N Mobile Distribution Systems | |
| Cornwell Tools | |
| Renewal Fee | |
| K & N Mobile Distribution Systems | |
| Cornwell Tools | |
Business Experience Requirements |
|
| Experience | |
| K & N Mobile Distribution Systems | |
| Cornwell Tools | |
Financing Options |
|
| Franchise Fees | |
| K & N Mobile Distribution Systems | |
| Cornwell Tools | |
| Start-up Costs | |
| K & N Mobile Distribution Systems | |
| Cornwell Tools | |
| Equipment | |
| K & N Mobile Distribution Systems} | |
| Cornwell Tools | |
| Inventory | |
| K & N Mobile Distribution Systems | |
| Cornwell Tools | |
| Receivables | |
| K & N Mobile Distribution Systems | |
| Cornwell Tools | |
| Payroll | |
| K & N Mobile Distribution Systems | |
| Cornwell Tools | |
Training & Support |
|
| Training | |
| 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 |
| Cornwell Tools | On-The-Job Training: 80 hours Classroom Training: 40 hours |
| Support | |
| K & N Mobile Distribution Systems | |
| Cornwell Tools | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| K & N Mobile Distribution Systems | |
| 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 |
| Operations | |
| K & N Mobile Distribution Systems | |
| Cornwell Tools | |
Expansion Plans |
|
| US Expansion | |
| K & N Mobile Distribution Systems | |
| 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 |
| Canada Expansion | |
| K & N Mobile Distribution Systems | |
| Cornwell Tools | |
| International Expansion | |
| K & N Mobile Distribution Systems | |
| Cornwell Tools | |