Ace Hardware Retail Center Franchise

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Ace Hardware Franchise Opportunities


Founded in 1924 as "Ace Stores", the company changed its name to "Ace Hardware Corporation" in 1931. It grew dramatically following World War II, more than tripling its sales between the late 1940s and 1959. After the retirement of longtime president and founder Richard Hesse in 1973, Ace was sold to its retailers, becoming a retailer-owned cooperative. It first reached $1 billion in wholesale sales in 1985 and $5 billion in 2015. As of 2016, it has over 4,800 locations in 60 countries. Ace operates 17 distribution centers in the United States, and additional distribution facilities in China, Panama, and United Arab Emirates.

Financial Requirements for Ace Hardware Franchise

Initial investments: $31,557 - $149,398
Net-worth Requirement: $400,000
Liquid Cash Requirement: $250,000

Ongoing Fees

Initial Franchise Fee: $5,000

Ace Hardware Retail Center Franchise

Support Options

On-The-Job Training: 40 hours
Classroom Training: 40 hours
Absentee Ownership Allowed
Number of Employees Required to Run: 15-25

Ace Hardware regions of the presence: www.acehardwareintl.com
Ace Hardware Franchise Info: myace.com/open-a-store
Ace Hardware Reviews: www.sitejabber.com/reviews/acehardware.com

Ace Hardware website: www.acehardware.com

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  • Starting investments from:
    272 500 $
  • Company type:
    Store
  • Company foundation year
    1924
  • Year of launching the franchise
    1976
  • Franchise enterprises:
    4,946
  • Corporate Address:
    2222 Kensington Ct. Oak Brook, IL 60523
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Information provided: the information is provided from public sources on the Internet
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