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Ace Hardware

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Franchise Costs and Requirements

Franchise Details

Year Established: 1924
Category Locations: N/A
Available Ownership Type: N/A
Corporate HQ City:
Corporate HQ State:
Investment Range: $579,350
Canada Franchising: Yes
Latin America Franchising: Yes
India Franchising: Yes
Royalty Percentage: N/A%
Veteran Discount: Yes
E2/EB5 Visas: Yes
Master Franchise Opportunities: Yes

Background

Ace Hardware Franchise: A Detailed Guide

Are you thinking about starting a franchise business but worried about high fees? Ace Hardware might be the perfect fit for you. Ace Hardware franchisees enjoy a unique advantage: no franchise or royalty fees. This means you own your store, keep more of your profits, and benefit from the strong brand recognition and support Ace provides.

Why Choose Ace Hardware?

Ace Hardware is a well-known and trusted name in home improvement. It's a popular choice for franchisees for several reasons:

  • No Franchise or Royalty Fees: This is a major draw for entrepreneurs seeking to maximize their profits.
  • Strong Brand Recognition: Ace Hardware is a household name, making it easier to attract customers and build a loyal base.
  • Conversion Options: You can start fresh with a new store or convert an existing hardware store into an Ace Hardware franchise. Conversions often see a significant boost in sales and profits.
  • Profit Sharing: Ace Hardware shares a portion of its company profits with its franchisees, creating a sense of partnership.
  • Flexible Product Mix: You can tailor your product selection to meet the specific needs of your local market.

Ace Hardware Support for Franchisees

Ace Hardware goes above and beyond to support its franchisees. You'll receive:

  • Lease Negotiation Assistance
  • Field Operations Support
  • Grand Opening Assistance
  • National and Regional Advertising Campaigns
  • Social Media and SEO Marketing Support
  • Email Marketing and Website Development Assistance
  • Loyalty Program and App

Ace Hardware Franchise Costs

While there are no franchise or royalty fees, you should expect to make an initial investment between $292,000 and over $2 million. This investment covers things like:

  • Store Setup
  • Inventory
  • Equipment
  • Operating Expenses

Ace Hardware requires a minimum of $250,000 in liquid capital and a net worth of $400,000 to ensure you can manage the financial demands of owning a franchise.

Financial Assistance

Ace Hardware is committed to helping franchisees succeed. You may be eligible for:

  • Veteran Discounts
  • Financing through third-party lenders

Ace Hardware Franchise Training

Ace Hardware provides extensive training to its franchisees. You can expect:

  • 40 Hours of Classroom Training
  • Virtual Classroom Training
  • In-person training at the Ace Hardware headquarters in Illinois
  • Over 1600 Online Courses

Ace Hardware requires some prior business and management experience to ensure a smooth transition into the franchise ownership role.

Ace Hardware Franchise Reviews

Current Ace Hardware franchisees often praise the company for its support and partnership. Many highlight the strong sense of community and the opportunity to build a successful business with a recognized brand.

Ready to Start Your Ace Hardware Franchise?

If you're ready to embark on your entrepreneurial journey with a reputable and supportive franchise system, Ace Hardware is worth considering. Visit the Ace Hardware website to learn more and apply today.

Support & Training offered by Ace Hardware

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Additional Information

Category Location N/A
Number of Units Open 5,813 (as of 2023)
Investment Range $579,350 - $1,913,080
Master Franchise N/A
Home based franchise YES
Item 19 Franchise YES
Veteran Discount YES
Franchise Opportunities in Canada YES
International Franchise Opportunities
E2/EB5 Visa Franchise YES
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