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Ace Hardware

Ace Hardware has grown to a network of over 4,500 hardware, home center and building material stores that benefited from over $3.5 billion in wholesale sales in 2009. There is no other brand in the home improvement industry that says " The Helpful Place" quite like Ace. It has won customer service awards from JD Powers four years in a row and Business Week three years in a row. For over 85 years Ace has been steadfastly committed to the independently owned, cooperative business model. And with projected annual growth of 3.47 percent from 2009 to 2013 in the $260 billion home improvement industry (source: Hardware Retailing, Dec. 2009), your clients' future is not contingent on the next new fad.

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Ace Hardware

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Ace Hardware Franchise Cost and Requirements for 2023

Background

About Ace Hardware

Make your dream of business ownership a reality with Ace Hardware

For more than 85 years, Ace Hardware has been America's neighborhood hardware retailer. Recognized as leader in the booming $279 billion home improvement industry, Ace Hardware is offering a tremendous opportunity for those wanting to build a profitable and lasting business.

With the financial backing and support from a globally trusted and locally embraced brand you can start your own business that leads its industry in customer satisfaction.

Why Ace Hardware

Successful individuals like you choose Ace Hardware for business ownership everyday these 7 reasons:

  • New store incentives - up to $330,000*
  • No royalty fees and a portion of the company profits are distributed back to the retail owners each year
  • Independent ownership with dedicated training & support
  • Flexible product mix that can be customized to your local market
  • Recommended core Ace product mix based on 16 years of Point-of-Sale data
  • Solid foundation and fad proof future
  • Globally recognized and locally embraced

Company Details

Established: 1924
First Unit Franchised: 1976
Franchised Units: 45000
Company Owned Units: 0
States Registered In: All States

Support and Training Offered By Ace Hardware

Financial Assistance Provided: No
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Co-Operative Advertising: No

Training: Available at headquarters prior to opening. Ongoing training at franchisee's location. Comprehensive operations manuals provided. Training is offered in all functional areas of operation, service and promotion:
  • 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

2023 Franchise Requirements Needed to Own a Ace Hardware Franchise.

What does a Ace Hardware Franchise Cost?

Ace Hardware franchise fees for 2023:

Cash Investment: $250K
Total Investment: $1.1M
Minimum Net Worth: $400K
Franchise Fee: $0
Royalty: $0
Ad: 0
Average Number of Employees: 20
Passive Ownership: Yes
Home Based: No
B2B: Yes
Master Franchise Opportunities: Yes

Is Ace Hardware a Semi Absentee Franchise with a Passive Ownership Opportunity?

Yes. Ace Hardware is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.

Is Ace Hardware a Home Based franchise?

No. Ace Hardware is not a home based franchise opportunity.

What Do Ace Hardware Franchise Owners Make?

This information is not available. Ace Hardware does not offer an Item 19 in their Franchise Disclosure Document.

Is Ace Hardware a Master Franchise Opportunity?

Yes. Ace Hardware is a master franchise opportunity. A master franchisee is responsible to recruit, train and support franchisees in their territory.

Does Ace Hardware Offer a Veteran Discount?

No. Ace Hardware franchise does not offer a veteran discount.

Does Ace Hardware Work with E2 Visa and EB-5 Visa Candidates?

No. Ace Hardware franchise does not work with E2 Visa and EB-5 Visa candidates.

Is Ace Hardware Looking for Franchisees in Canada?

No. Ace Hardware franchise is not looking for Canada franchisees.

Is Ace Hardware Looking for International franchisees?

No. Ace Hardware franchise is not looking for International franchisees.

Additional Information

Additional Categories

Retail, Building & Storage, Non Food Franchises

Number of Units Open

100+ UNITS

Cash Required

More than $250,000

Master Franchise

Yes

Passive Franchise

Yes

Home Based Franchise

No

Item 19 Franchise

No

Veteran Discount

No

B2B

Yes

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

No

Ace Hardware Franchises for Sale

Click Here to inquire about existing Ace Hardware franchises for sale. We may have Ace Hardware franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

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The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.

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