Are the training expenditures refundable for a Cornwell Quality Tools dealership?
Cornwell_Quality_Tools Franchise · 2025 FDDAnswer from 2025 FDD Document
NOTE 2 – Travel, Lodging Expenses While Training in Ohio or some other location. The principal Operator and anyone else who will actively participate in the operation of the Dealership on the truck are required to pay travel, food and lodging expenses to attend initial classroom training in Ohio or some other location before operating your Dealership. Travel expenses include the estimated cost of travel to and from the location of the New Dealer Training Program and your home. The actual cost of travel will depend on your home location and your travel mode. Cornwell has negotiated lodging for persons attending the New Dealer Training Program.
Training expenditures are non-refundable.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 23–29)
What This Means (2025 FDD)
According to Cornwell Quality Tools' 2025 Franchise Disclosure Document, training expenditures are non-refundable. The principal operator, along with anyone actively participating in the dealership's operation on the truck, must cover their travel, food, and lodging expenses to attend the initial classroom training, which takes place in Ohio or another designated location, before they can begin operating their Cornwell Quality Tools dealership.
This means a prospective Cornwell Quality Tools franchisee should be prepared to cover these costs out-of-pocket, as they will not be reimbursed by Cornwell Quality Tools. These expenses include travel to and from the training location, the cost of food during the training period, and accommodation costs. The actual cost of travel will vary depending on the franchisee's home location and mode of transportation.
Cornwell Quality Tools negotiates lodging for those attending the New Dealer Training Program. Therefore, franchisees should factor in these non-refundable training-related expenses when assessing their initial investment and overall financial planning for starting a Cornwell Quality Tools dealership.