A retractable workbench is provided that is mounted to a vertical surface such as a wall. The workbench is retractable between a horizontally oriented deployed position, and a vertically oriented retracted position. The workbench is vertically adjustable along wall mounts. Bench mounted tools may be mounted on rotatable panels, and the panels may be inverted when the workbench is retracted, thereby allowing the workbench to be fully rotated to the vertically oriented retracted position without removing the tools. Storage of tools and hardware may be achieved by a rotatable mounting surface that attaches to the workbench. Workbench legs that support the workbench when deployed are also retractable, and the legs may be adjusted for height and securely attached to the floor for additional stability.