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Tuesday
May252010

Ace Hardware Franchise

Hardware & home improvement store

What began as a small chain of stores established by a group of Chicago-area retailers in 1924 has evolved into one of the nation's leading "helpful hardware" dealer-owned cooperatives.

Throughout the course of its more than 80 years in business, Ace has grown from a few Chicago-area hardware stores, to include more than 4,700 stores in 50 states and more than 70 countries. Yet one thing has remained unchanged - Ace's commitment to delivering helpful hardware service to consumers.

Start-up Costs & Franchises Fees

What is the total cost to open a Ace Hardware Franchises?

Total Cost: $400,000 USD -$1,100,000 USD
Total Franchise Fees: $5,000 USD
Ongoing Royalty Fees: 3,000 USD -10,000 USD
Ongoing Advertising Fees: Not Available

Contact Information for Ace Hardware

Ace Hardware Corp.
2200 Kensington Ct.
Oak Brook, IL
60523

Phone Number: (630)990-6900
Fax Number: (630)368-3394

Franchise Homepage:

Ace Hardware In the Press

No results at this time.

Historical Expansion

In what year did Ace Hardware begin operations? 1924
When did Ace Hardware begin selling franchises? 1976

Franchise Financing Information

Cost In House Financing Available? 3rd Party Financing Available?
Franchise Fee No Yes
Initial Start-up Capital No Yes
Plant, Property, and Equipment No Yes
Inventory No Yes
Accounts Receivable No Yes
Payroll No Yes

Franchise Analyzer Professional's Inside Information

Can you buy this franchise for no money down? Yes
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes
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