KEY FRANCHISE STATS
All you need to know about this franchise in a snapshot
Ace Hardware is a leading hardware retailer, renowned for its wide range of home improvement products and personalized customer service. Founded in 1924 by a group of Chicago hardware store owners, Ace Hardware has grown into the largest retailer-owned hardware cooperative in the world.
The company’s headquarters is located in Oak Brook, Illinois, and it began franchising in 1976. Ace Hardware differentiates itself from big box competitors through its unique business model and community-focused approach.
Unlike typical franchises, Ace operates as a cooperative, meaning that store owners are also shareholders in the company. This model allows Ace Hardware to harness collective buying power while maintaining the feel of a locally owned, neighborhood store. This local ownership fosters a high level of customer service, with knowledgeable associates offering expert advice and personalized service.
Ace Hardware stores offer a variety of high-quality products, including hardware, paint, lawn and garden supplies, tools, and other home improvement items. The company prides itself on carrying top brands like Craftsman, Weber, and STIHL. In addition to retail products, many Ace stores provide rental services under the "Ace Rental Place" brand, further broadening their customer appeal and service offerings.
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
Ace Hardware offers 2 types of franchises:
We are summarizing below the main costs associated with opening a Ace Hardware Start-Up Business - Leased Premises franchise.
For more information on the various types of franchises and its costs, refer to the Franchise Disclosure Document (Item 7).
4,441
4,540
4,645
206
211
222
4,647
4,751
4,867
Ace Hardware provides comprehensive training for its franchisees through various programs to ensure the success and smooth operation of each store. The training includes:
Ace Hardware does not offer exclusive territory protection to its franchisees. Franchisees may face competition from other Ace Hardware stores, competitive brands, and various distribution channels within their area. The membership and franchise agreements grant the right to operate a store at a specific location but do not guarantee territorial exclusivity.
This policy means that while franchisees benefit from the strong brand recognition and support of Ace Hardware, they must also rely on the quality of their service and local community engagement to succeed in the market. The cooperative model encourages franchisees to focus on delivering exceptional customer experiences and leveraging the collective buying power of the Ace Hardware network.