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Ace Hardware
2200 Kensington Ct.
Oak Brook, IL 60523
800#:
Tel: (630) 990-6900
Fax: (630) 368-3394
E-Mail: [email protected]
Web Site: www.myace.com
Contact: Mr. Jerry McGowan, Corp. Manager New Business
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: 4,795
Company-Owned Units: 7
Total Units: 4,802
Distribution:
U.S. -- 4583;
Canada -- 0;
International -- 219
-North America -- Operations in 50 States
-States/Provinces with Greatest Density: NR
Projected New Units Over Next 12 months: 150
Franchisee Qualifications: 5, 4, 3, 3, 3, 5
(Click here for an explanation)
Registered in Following Registration States: All States (Click here for an explanation)
Average Number of Employees: 3 FT, 10-12 PT (FT = Full Time, PT = Part Time)
Space Needs: 4,000-20,000 SF; FS, SC
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $150-250K
Total Investment: $650K-1.0 MM
Average Total Investment: $1,000.0K
Minimum Net Worth: $300K
Fees:
-Franchise: $0
-Average Franchise Fee: $.0K
-Royalty: 0%
-Average Royalty: .0%
-Advertising: 1.3%/$6.5K
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 20/5
Passive Ownership: Not Allowed
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: Not Yet
Size Of Corporate Staff: 5,000
On-Going Support: A,B,C,D,e,F,G (Click here for an explanation)
Training: 6 Weeks Oak Brook, IL.
Franchisor's Specific Expansion Plans
U.S.: Selected Markets in US.
Canada: No
Overseas: Selected Countries
Note: NR = No Response by Franchisor.
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