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Below is an in-depth analysis and side-by-side comparison of Ace Hardware vs Vintage Stock including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $41,000 - $2,110,230 | $337,700 - $585,400 |
Franchise Fee | $5,000 | $30,000 |
Royalty Fee | 0 | 5% |
Advertising Fee | - | - |
Year Founded | 1924 | 1980 |
Year Franchised | 1976 | 2005 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | $500 |
Business Experience Requirements |
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Experience | Minimum Financial Requirements: * $250,000 Liquid Assets * $400,000 Net Worth | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/No |
Inventory | No/Yes | No/No |
Receivables | No/Yes | No/No |
Payroll | No/Yes | No/No |
Training & Support |
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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 | Hands 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 | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | No | No |
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.
Vintage Stock sells used or pre-owned products, including books, music, movies, video games, sports collectibles, trading cards, games, comics, and toys. With Vintage Stock, customers can get everything they want in one store. In fact, each Vintage Stock store can carry upward of 40,000 to 60,000 unique items, everything from Beatles memorabilia and Spider-Man comic books to Mickey Mantle autographs and Yu-Gi-Oh! trading cards to the newest DVD and music releases. Founded in 1980, in Joplin, Missouri, Vintage Stock was originally called Book Barn and sold used books. As time progressed, we have diversified the product line to include other new and pre-owned products, including music, movies, video games, sports collectibles, trading cards, games, comics and toys.