Tools Distribution

Cornwell Quality Tools

Wadsworth, OH · Founded 1919 · CQTR

Cornwell Quality Tools Company manufactures and sells professional-quality mechanics' hand tools and related equipment, distributing products primarily through independent franchised dealerships who sell directly from mobile "rolling tool store" trucks to mechanics, service managers, and owners of auto and truck dealerships, repair shops, and other businesses.

2026 Franchise 500
#118
811
units (2025)
2.3%
year over year

Units by Year

776
2021
809
2022
795
2023
793
2024
811
2025

Total outlets at year end, from FDD Item 20.

The Investment

Initial investment
$79,380 – $325,680
FDD Item 7
Franchise fee
$60,000
FDD Item 5
Ad fund
FDD Item 6
Financial performance
Yes
FDD Item 19 disclosure
Royalty

No royalty fee

Leadership

  • Mark R. Moeller

    Chairman of the Board and Director

  • Eileen Moeller

    Director and Assistant Secretary

  • Madeline Moeller

    Director and Assistant Secretary

  • Bill S. Nobley

    Director

  • Robert A. Studenic

    Director, President and Chief Executive Officer

  • David A. Nist

    Treasurer, Director, Treasurer and Secretary

  • Craig A. Croley

    Vice President. Operations

  • Tim House

    Director1 Operations

  • Kristy Andrews

    Director, Human Resources

  • Bobbi Jo Templeton

    Director, Wholesale Credit

On File

FDD years
Select a year to open the FDD
Franchisee records
383
Current roster rows
Signed, not open
0
FDD Item 20, Table 5
Franchising for
28 yrs

Franchise Disclosure Documents

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Read from this brand's Franchise Disclosure Documents. FDD library maintained by AskTy; figures are as filed by the franchisor.