Ace Hardware Corporation Franchise
Franchise opportunities abound in the hardware business, and the Ace Hardware Corporation can offer it to you.
Ace Hardware is the largest hardware franchise store for do-it-yourselfers in the world. They now have stores in 70 countries world-wide and in all of the 50 states. Entrepreneur ranked them as being the 6th best franchise business opportunity. Not a bad endorsement.
Ace may be the ideal franchise opportunity in a time when the economy is not doing so well.
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This means that many people will resort to doing the work around their home themselves – increasing the need for tools and hardware everywhere. They also say that most homeowners will do an average of three projects around their home and yard in the next year. Ace calls it “fad proof” because the home improvement industry is growing.
The Ace Hardware Corporation has been in business for 80 years and offering cooperative independently owned stores during that time. Along with the expertise that they have gained in management, marketing, and training, it also offers store brands that are well recognized.
Ace stands unique in its franchise business opportunity because it does not charge the franchisee a royalty – or even any of the typical fees that many franchises charge.
In fact, Ace even offers to provide money for the store setup, and many other necessities to get it off the ground.
The franchisor offers to pay costs up to 20% of getting set up for business – for qualified individuals. This includes many things that are needed in the establishment of a new business, and which may other franchisors do not offer. Things like finding a good location, building plans, store design, product selection, and more are provided. Also, Ace will even provide up to $110,000 discount in stocking the store.
Ace provides a comprehensive training program for the manager which covers what is needed to know about running a successful Ace franchise business. They will also help you to have a great Grand Opening event, and will provide you with marketing support, too.
The total amount needed to open an Ace Hardware Corporation franchise business would be between $400,000 and $1,300,000. The difference is dependent on the size of the store. Keep in mind, though, that their incentive package will reduce these figures by 20% – or up to $255,000. Other features that can raise the price depend on the stores fixtures, furniture, office equipment, etc.
Ace Hardware is also backed by a start-of-the-art distribution system, dedicated corporate support, and more. Why not get started now and learn more about the Ace Hardware Corporation franchise business opportunity.
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