What is the total revenue of Cornwell Quality Tools in 2024?

According to Cornwell Quality Tools's 2025 Franchise Disclosure Document, the company's total revenue in 2024 was $278,450,440.66. A significant portion of this revenue, specifically 90.55% or $252,127,512.00, was derived from the required minimum purchases made by Cornwell Quality Tools dealerships. This indicates that the sales to franchisees are a primary driver of revenue for the company.

For a prospective franchisee, this information highlights the importance of understanding the mandatory purchase requirements. The financial health of Cornwell Quality Tools is heavily reliant on these purchases, suggesting that franchisees are expected to maintain a consistent level of inventory. This could impact a franchisee's initial investment and ongoing operational costs, as they need to ensure they meet the minimum purchase thresholds.

It's also worth noting that Cornwell Quality Tools derives profit from the sale of tools, equipment, and sales aids to its dealers and does not otherwise derive income from the franchise. This means that Cornwell Quality Tools's profitability is directly tied to the success and purchasing power of its franchisees. Therefore, potential franchisees should carefully evaluate the demand for tools and equipment in their target market and assess their ability to meet the required purchase levels to sustain their business and contribute to the overall revenue of Cornwell Quality Tools.