Source: Franopolis

Cornwell

Sources

Research Data: Franopolis

The Franopolis report provides the source research. FDD page references identify the supplied excerpts when available.

2026 FDD Research

FDD Edition2026Sources

What It Costs

Sources

Where Your Startup Money Goes

Cost	Disclosed Amount	Source
Reserve	$20,000	2026 FDD · PDF Page 23 Reserve (9) $20,000 Lump Prior to Cornwell Tools Sum start
Vehicle low	$75,000 to $187,000	2026 FDD · PDF Page 23 Vehicle (5) $75,000- Lump Upon Owner/Leasing Company $187,000 Sum/ delivery Down Payment
Additional funds (three months) low	$15,000 to $35,000	2026 FDD · PDF Page 23 Additional Funds - Three Months (7) $15,000- Lump Prior to Dealer's Business $35,000 Sum start Account
Training expenses low	$0 to $5,000	2026 FDD · PDF Page 23 Training Expenses (2) $0- As Prior to Third-Parties $5,000 Incurred start
Computer system	$3,500	2026 FDD · PDF Page 23 Computer System (10) $3,500 Lump Prior to Cornwell Tools and Sum start Vendor for printer and mobile internet and credit/debit card servicing vendor processor, if used
Insurance low	$250 to $2,550	2026 FDD · PDF Page 23 Insurance (6) $250- Lump As Insurance Company $2,550 Sum premium payments become due
Equipment/clothing/fixtures/other fixed assets low	$0 to $5,000	2026 FDD · PDF Page 23 Equipment/Clothing/Fixtures/Other Fixed Assets (8) $0- As As Supplier $5,000 Incurred ordered
Initial inventory low	$60,000 to $65,000	2026 FDD · PDF Page 23 Initial Inventory (4) $60,000- Lump When Cornwell Tools $65,000 Sum/ invoiced Note
Security/utility deposits, licenses, other prepaid low	$500 to $2,500	2026 FDD · PDF Page 23 Security & Utility Deposits/Business Licenses/other Prepaid (12) $500- As Prior to Third-Parties $2,500 Incurred start

Line items are shown as disclosed. Some costs overlap or apply to different formats; do not add them together without reviewing the source.

Sources

Fees And Payment Terms

Fee	Disclosed Terms	Source
Credit card vendor software	Computer Software Fees $130 initial Start and lronman Business Network, $100 to Cornwell for start-up fee; $100 monthly costs and $30 for credit card servicing vendor software, If monthly used; then monthly fee of $50 to Cornwell and up to $50 fee monthly fees to credit card servicing vendor, if used	2026 FDD · PDF Page 22
Initial computer software fee	Computer Software Fees $130 initial Start and lronman Business Network, $100 to Cornwell for start-up fee; $100 monthly costs and $30 for credit card servicing vendor software, If monthly used; then monthly fee of $50 to Cornwell and up to $50 fee monthly fees to credit card servicing vendor, if used	2026 FDD · PDF Page 22
Computer software start-up fee to Cornwell	Computer Software Fees $130 initial Start and lronman Business Network, $100 to Cornwell for start-up fee; $100 monthly costs and $30 for credit card servicing vendor software, If monthly used; then monthly fee of $50 to Cornwell and up to $50 fee monthly fees to credit card servicing vendor, if used	2026 FDD · PDF Page 22
Maximum monthly credit card vendor fee	Computer Software Fees $130 initial Start and lronman Business Network, $100 to Cornwell for start-up fee; $100 monthly costs and $30 for credit card servicing vendor software, If monthly used; then monthly fee of $50 to Cornwell and up to $50 fee monthly fees to credit card servicing vendor, if used	2026 FDD · PDF Page 22
Monthly fee to Cornwell for credit card servicing	Computer Software Fees $130 initial Start and lronman Business Network, $100 to Cornwell for start-up fee; $100 monthly costs and $30 for credit card servicing vendor software, If monthly used; then monthly fee of $50 to Cornwell and up to $50 fee monthly fees to credit card servicing vendor, if used	2026 FDD · PDF Page 22
Verified business account deposit	Unless waived, you must also verify at the outset of the dealership that there is $15,000 on deposit in a business account and that you will only use those funds for business purposes on and after the first day of training on your route.	2026 FDD · PDF Page 21
Initial inventory required	Cornwell requires a new Dealership to purchase an initial inventory of at least $60,000 at regular dealer net prices when entering into the Dealer Franchise Agreement.	2026 FDD · PDF Page 21
Monthly software costs	Computer Software Fees $130 initial Start and lronman Business Network, $100 to Cornwell for start-up fee; $100 monthly costs and $30 for credit card servicing vendor software, If monthly used; then monthly fee of $50 to Cornwell and up to $50 fee monthly fees to credit card servicing vendor, if used	2026 FDD · PDF Page 22
Required reserve	Unless Cornwell waives the requirement, you must also establish a Reserve with Cornwell in the amount of $20,000, to be applied against the further purchase of inventory during the first 13 weeks of the dealership.	2026 FDD · PDF Page 21
Other initial franchise fee	Cornwell does not require that you pay any other franchise fee or other initial payment in order to become a dealer.	2026 FDD · PDF Page 21

Some fees apply only to a specific event or service. These are not all monthly expenses.

Sources

Expert Guidance

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What It Costs

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