Did Cornwell Quality Tools operate any company-owned outlets in 2022?
Cornwell_Quality_Tools Franchise · 2025 FDDAnswer from 2025 FDD Document
795 | | | 2024 | 795 | 127 | 30 | 0 | 0 | 99 | 793 |
4. COMPANY-OWNED OUTLETS. Cornwell has not owned any outlets, nor does it have any intention of doing so.
TABLE NO. 4 STATUS OF COMPANY-OWNED OUTLETS FOR YEARS 2022 to 2024
| State | Year | Outlets at start of the Year | Outlets Opened | Outlets Reacquired from Franchisee | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of the Year |
|---|
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 69–100)
What This Means (2025 FDD)
According to Cornwell Quality Tools's 2025 Franchise Disclosure Document, Cornwell Quality Tools did not operate any company-owned outlets in 2022. The FDD states that Cornwell Quality Tools has not owned any outlets, nor does it have any intention of doing so.
Table No. 4, titled "STATUS OF COMPANY-OWNED OUTLETS FOR YEARS 2022 to 2024," further confirms that Cornwell Quality Tools had zero company-owned outlets during this period. The table includes a specific row for 2022 showing 0 outlets at the start of the year, 0 outlets at the end of the year, and a net change of 0.
This indicates that Cornwell Quality Tools is strictly a franchise operation, with no direct company-owned competition for its franchisees. Prospective franchisees can be assured that Cornwell Quality Tools is not planning to compete directly with them through company-owned stores.