Ace Hardware Franchise

Hardware & home improvement store

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 Franchise 500 ranking badge for Sky Zone

#6 in Franchise 500 for 2020.

#23 in Franchise 500 for 2021.

It's time to give yourself permission to build your days around what's important to you! You're in Control!
For more information, complete our FREE FRANCHISE ADVICE form!

Please Note: The operators of Ace Hardware, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Ace Hardware website.

How much does it cost to open a Ace Hardware Franchise?

The investment required to open a Ace Hardware Franchise is between $41,000-$2,110,230. There is an initial franchise fee of $5,000 which grants you the license to run a business under the Ace Hardware name.

Individual Unit Costs

Initial Investment:
$41,000-$2,110,230
Initial Franchise Fee:
$5,000
Royalty Fee:
0
Advertising Fee:
N/A

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News and Press Releases

Ace Hardware Foundation raises more than $10,000,000 for Children's Miracle Network Hospitals
The Ace Hardware Foundation is pleased to announce that together with support from Ace retail stores, vendors and team members, more than $10,000,000 has been raised for Children's Miracle Network Hospitals in 2016. This is a 40% increase over 2015 when Ace raised $7.1 million.Ace extends its gratit...

How Ace Hardware Turned Corner Stores Into A $4.7 Billion Co-Op
The Melnicks - Jeremy, 43, and dad Les, 67 - own six of the 4,794 Ace Hardware stores that make up the country's largest retail cooperative outside the grocery sector. As they've expanded their family business-within-a-business into a local chain, some 20 Home Depots have cropped up along greater...

Ace Hardware Ranks #32 On Franchise 500 List
Franchise Ranking History Franchise 500: #32 (2014), #37 (2013), #29 (2012), #31 (2011), #34 (2010), #6 (2009), Fastest-Growing: #52 (2011), #34 (2009), America's Top Global: #33 (2013), #26 (2012), #29 (2011), #28 (2010), #6 (2009)...

Ace Hardware Named Sixth-largest Franchise Operation
Ace Hardware Corporation is ranked the sixth largest franchise operation in the world in the recently released 2011 Franchise Times Top 200 Franchise Systems list. The largest retailer cooperative in the convenience hardware industry, Ace Hardware has held a position in the top six each year since i...

Ace Hardware Honors Vendors Of The Year At Fall Convention In Denver
Ace Hardware Corporation recognized seven outstanding vendors for their superior commitment and service to the hardware cooperative, its retailers and its customers at the fall Ace Convention held Oct. 15-17 in Denver. The Vendors of the Year represent various industries but all share their dedicat...

Ace Hardware News & Press Releases

Ace Hardware Franchise Growth History

When did the first Ace Hardware open? 1924
When did Ace Hardware start Franchising? 1976

Financing Options

Expense	In-House	Third Party
Franchise Fee	No	Yes
Startup Costs	No	Yes
Equipment	No	Yes
Inventory	No	Yes
Accounts Receivable	No	Yes
Payroll	No	Yes

Third Party Financing Source(s): Franchise America Finance

Training & Support

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.

Qualifications & Business Experiences

Business Experience:
Minimum Financial Requirements:

$250,000 Liquid Assets

$400,000 Net Worth

How much does a Ace Hardware Franchise owner make?

To calculate how much income a franchise owner can do at Ace Hardware Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.

Listing Tags

Ace Hardware, home improvement merchandise, Ace's own exclusive line of products, hardware

Ace Hardware Franchise Opportunity viewed 25086 times by investors.

Legal Disclaimer: This information is not a franchise offering for Ace Hardware and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing an Ace Hardware franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.