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Home >> Retail Stores >> Hardware Products/Tool Stores
| Ace Hardware 2200 Kensington Ct. Oak Brook, IL 60523 |
Submit an online form to receive information from Ace Hardware.
|
Business Description
ACE HARDWARE is a Fortune 500 company of over 5,100 retailers selling hardware and related home improvement products. ACE is now offering franchise opportunities in selected markets nationwide. Come grow in this new endeavor with the backing of a company possessing 84 years of success, along with outstanding purchasing power, brand recognition and retail practices.
Franchisor Background
Year Established: 1924
Franchising Since:
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States:
Financial Requirements
Average Number of Employees: , 15-25 Part-time
Space Needs (in square footage): 4,000-20,000
Preferred Sites: Free-standing Building, Strip Center
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided?: No
ACE HARDWARE is a Fortune 500 company of over 5,100 retailers selling hardware and related home improvement products. ACE is now offering franchise opportunities in selected markets nationwide. Come grow in this new endeavor with the backing of a company possessing 84 years of success, along with outstanding purchasing power, brand recognition and retail practices.
Franchisor Background
Year Established: 1924
Franchising Since:
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 4,600 | 100% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 0 | 0% | |||||||||||||||||||||||||||||
Total Operating Units: | 4,600 | 100.0% | |||||||||||||||||||||||||||||
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States/Provinces with the largest number of operating units:
| Density | Units |
Registered in Following Registration States:
Financial Requirements
| Investment: | |
| Minimum Net Worth: | $400K |
| Cash Investment: | $250K |
| Total Investment: | $400K-1.1M |
| Average Total Investment: | $750K |
| Fees: | |
| Initial Franchise Fee: | $5K |
| Average Franchise Fee: | $5K |
| On-Going Royalty: | |
| Average Royalty: | 0% |
| Advertising Fee: | |
Space Needs (in square footage): 4,000-20,000
Preferred Sites: Free-standing Building, Strip Center
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided?: No
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 5 | ||||||||
| General Business Experience: | 4 | ||||||||
| Specific Industry Experience: | 3 | ||||||||
| Formal Education: | 3 | ||||||||
| Psychological Profile: | 3 | ||||||||
| Personal Interview(s): | 5 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 20 Year(s) | ||||||||
| Term of Renewal Period: | 5 Year(s) | ||||||||
| Passive Ownership: | Not Allowed | ||||||||
| Area Development Agreements? | No | ||||||||
| Sub-Franchising Contracts? | No | ||||||||
| Franchisees Allowed to Expand Within Territory? | Yes | ||||||||
| Support and Training | |||||||||
| International Franchise Association: | Yes | ||||||||
| Canadian Franchise Association: | No | ||||||||
| Franchisee Association/Member: | No | ||||||||
| Size of Corporate Staff: | 5000 | ||||||||
| Site Selection Assistance? | Yes | ||||||||
| Lease Negotiation Assistance? | Yes | ||||||||
| Financial Assistance? | Yes, Direct | ||||||||
| Marketing Support: | |||||||||
| Co-Op Advertising: | No | ||||||||
| National Advertising: | No | ||||||||
| Regional Advertising: | No | ||||||||
| Local Advertising: | No | ||||||||
| Marketing Materials: | None Specified | ||||||||
| Additional Services: | None Specified | ||||||||
| Other Marketing Support: | None Specified | ||||||||
| On-Going Support: | |||||||||
| Central Data Processing: | Included in Fees | ||||||||
| Central Purchasing: | Included in Fees | ||||||||
| Field Operation Evaluation: | Included in Fees | ||||||||
| Field Training: | Included in Fees | ||||||||
| Initial Store Opening: | At Additional Cost | ||||||||
| Inventory Control: | Included in Fees | ||||||||
| Franchisee Newsletter: | Included in Fees | ||||||||
| Regional or National Meetings: | Not Applicable | ||||||||
| 800 Telephone Hotline: | Not Applicable | ||||||||
| Training: | |||||||||
| 1. Oak Brook, IL | 6 Weeks | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from Ace Hardware.
|
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