Air Traffic vs Ace Hardware Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Air Traffic vs Ace Hardware including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Air Traffic Franchise
Ace Hardware Franchise
Investment $166,200$41,000 - $2,110,230
Franchise Fee $30,000$5,000
Royalty Fee 5%0
Advertising Fee --
Year Founded 19931924
Year Franchised 20031976
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $5K-


Business Experience Requirements

 
Air Traffic Franchise
Ace Hardware Franchise
Experience
  • General business experience
  • Must enjoy toys/games
  • Minimum Financial Requirements: * $250,000 Liquid Assets * $400,000 Net Worth

    Financing Options

     
    Air Traffic Franchise
    Ace Hardware Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs No/NoNo/Yes
    Equipment No/NoNo/Yes
    Inventory No/NoNo/Yes
    Receivables No/NoNo/Yes
    Payroll No/NoNo/Yes

    Training & Support

     
    Air Traffic Franchise
    Ace Hardware Franchise
    Training -Training in all functional areas of operation, service and promotion: * Effective store management * Strategies and management of each revenue center * Purchasing and inventory strategies * Implementing helpful customer service * Financial management and "back-office" procedures * Hiring, training and managing employees * Effective store marketing techniques
    Support Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesHands on, in-store training at opening - Ongoing contact from dedicated Ace support staff - In-store tools for continual improvement * In-store customer survey * Customer comment card program * Mystery shopper program A district manager will be assigned to your store to facilitate ongoing business needs and help you develop store growth plans to maximize retail sales and profits.
    Marketing Co-op advertising-
    Operations 100% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 5 - 10

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Air Traffic Franchise
    Ace Hardware Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About Air Traffic

    Air Traffic Stores are an exciting new franchise concept that creates an interactive environment for customers to shop and play at the same time.Air Traffic created a unique niche in the billion-dollar toy and game industry. Popular brand names, product ties to the entertainment industry, and millions of marketing dollars create excitement about the product and ring the register at your store. At Air Traffic our #1 objective is to develop a team between our franchisee and our retail support staff. This team will work together to maximize the profitability of the store.

    About Ace Hardware

    What started as a little chain of stores built up by a gathering of Chicago retailers in 1924 has advanced into one of the country's driving "useful equipment" merchant possessed cooperatives. Ace has developed from a couple of Chicago-region tool shops, to incorporate more than 4,700 stores in 50 states and more than 70 nations. However one thing has stayed unaltered - Ace's dedication to conveying accommodating equipment administration to shoppers.

    For over 90 years, Ace Hardware has been America's neighborhood equipment retailer. Perceived as pioneer in the blasting $279 billion home change industry,
    Ace Hardware is putting forth a gigantic open door for those needing to assemble a gainful and enduring business.

    With the budgetary sponsorship and support from an all around trusted and privately grasped mark you can begin your own particular business that leads its industry in consumer loyalty.

    Why Ace Hardware?

    Fruitful people like you pick Ace Hardware for business proprietorship regularly for these 7 reasons:

    New store motivations - up to $330,000*
    No sovereignty expenses and a part of the organization benefits are dispersed back to the retail proprietors every year
    Autonomous possession with devoted preparing and support
    Adaptable item blend that can be altered to your nearby market
    Suggested center Ace item blend in view of 16 years of Point-of-Sale information
    Strong establishment and craze confirmation future
    All around perceived and privately grasped

    *Incentives fluctuate by store design/estimate and depend on Discovery prescribed items and amounts. Motivation given as an acknowledge, not as money or an advance. $330,000 depends on a prescribed request for a 10,000sq. ft. store.

    The fruitful Ace Owner:

    Is a diligent employee
    Is energetic about awesome client benefit
    Has great correspondence and deals abilities
    Has a reputation for achievement
    Has administration abilities
    Has extraordinary authoritative abilities

    The total investment necessary to begin operation of an Ace Hardware store that is between 3,000 and 15,000 square feet ranges from approximately $321,000 to $1,067,230 for a store located on leased premises; from approximately $355,000 to $2,110,230 for a store which is newly constructed; and from $41,000 to $852,230 for an existing hardware store which is converted to an Ace Hardware store. This includes up-to $1,103,000 that must be paid to the franchisor or affiliate.

    Veteran Incentives  Franchise fee waived
    ""    "Entrepreneur

    #6 in Franchise 500 for 2020.
    #23 in Franchise 500 for 2021.