2200 Kensington Court
Oak Brook, IL 60544
800#: (800) 4-ACE-HDW
Tel: (630) 472-4041
Fax: (630) 571-0977
E-Mail: [email protected]
Web Site: www.acehardware.com
Contact: Mr. Bill Jablonowski, Franchise Program Manager
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 75 years of success, along with outstanding purchasing power, brand recognition and retail practices.
Franchisor Background
| Established: |
1924; |
First Franchise: |
1999 |
| Franchise Units: |
0 |
| Company-Owned Units: |
13 |
| Total Units: |
13 |
Distribution:
U.S. -- 13;
Canada -- 0;
International -- 0
> North America -- Operations in 3 States
> States/Provinces with Greatest Density: NR
|
| Projected New Units Over Next 12 months: 10 |
| Franchisee Qualifications: 5, 4, 3, 3, 3, 5
(for an explanation
click here) |
| Registered in Following Registration States: All States |
| Average Number of Employees: 3 FT, 10-12 PT (FT = Full Time, PT = Part Time) |
| Space Needs: 10,000-15,000 SF; FS, SC
(for abbreviations click here) |
Financial Requirements
| Cash Investment: |
$150-250K |
|
| Total Investment: |
$1.0-1.2MM; |
|
Average Total Investment: |
$1100K |
|
| Minimum Net Worth: |
$1MM |
|
| Fees: |
Franchise: |
$35K; |
Average Franchise Fee: |
$35K |
|
Royalty: |
2% |
|
Advertising: |
1.3%/$6.5K |
| Provide Earning Claim Statement: No
|
Terms of Contract
| Term of Contract (Years): |
20/5 |
| Passive Ownership: |
Not Allowed |
| Encourage Conversions: |
Yes |
| Area Development Agreements: |
No |
| Sub-Franchising Contracts: |
No |
| Expand In Territory: |
Yes |
Franchisor Support and Training Provided
| Financial Assistance: |
Yes(I) (D = Direct; I = Indirect; B = Both) |
| Site Selection Assistance: |
Yes |
| Lease Negotiation Assistance: |
Yes |
| Cooperative Advertising: |
Yes |
| Franchisee Assoc. / Member: |
Not Yet |
| Size Of Corporate Staff: |
5,000 |
| On-Going Support: |
A,B,C,D,e,F,G
(for an explanation click
here) |
| Training: |
6 Weeks Oak Brook, IL. |
Franchisor's Specific Expansion Plans
| U.S.: |
Selected markets in US. |
| Canada: |
No |
| Overseas: |
No |
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.