2020 Annual Edition
RETAIL
ACCOLADES & RESULTS
“Ace is the Place with the Helpful Hardware Folks!” OPPORTUNITY DESCRIPTION Ace Hardware, America’s neighborhood hardware retailer for over 95 years, is the leader in the convenience hardware industry and offers a tremendous opportunity for those looking to build a profitable and lasting business. Ace Hardware’s history began in 1924, when a small group of hardware store owners joined together to buy merchandise in bulk in order to maximize their profits and compete effectively with larger stores. Today, Ace is globally known and locally owned in over 60 countries.
DEMOGRAPHICS Ace stores come in all sizes and shapes based on the needs of each individual neighborhood. We have small urban stores, large rural stores and everything in between. Ace stores offer a wide variety of paint, lawn and garden, tools, to business supplies, local niche services and virtually anything a customer will ever need to fix, repair and maintain their home or business.
INCENTIVES Ace offers a FREE Opening Stock Order for new stores. The incentive amounts vary by store size/format and is based on Ace recommended products. The incentive is given as a credit. Ace also offers an annual rebate to retailers based on the retailers purchases & profits. The percentage varies each year and is given in the form of cash and stock.
• Ranked No. 5 in Franchise Times Top 200+ Franchises • Ranked No. 6 in Entrepreneur Magazine’s Top 500 Franchises and No. 1 in the category • 6 out of 7 years in a row of increased customer traffic • 10 years in a row of same-store sales growth • Ranked Highest in Customer Satisfaction 12 out of 13 years by J.D. Power and Associates
FAST FACTS: FRANCHISING SINCE: 1976, Founded 1924 MULTI-UNIT FRANCHISEE OPERATING UNITS: 56.7% TOTAL OPERATING UNITS: 5,300+ Globally COMPANY OPERATING UNITS: 123 CAPITAL INVESTMENT: $272,500 $1,561,500 FRANCHISE FEE: $5,000 One-time affiliation fee (Affiliation fee waived for U.S. Veterans) ROYALTY FEE: 0% ADVERTISING FEE: 2% of qualified purchases (RSC and Drop Ship) and services up to $13,594 EARNINGS CLAIMS: Yes BUILD-OUT OPTIONS: Free Standing, Inline, Store within a Store, End Cap AVAILABLE TERRITORIES: Global
SITE ASSISTANCE Ace offers a robust team of individuals and vendors dedicated to supporting our retailers in site selection, lease negotiation, sales forecasting and even connecting existing Ace stores for sale with prospective Ace retailers. In addition, Ace provides loans and incentives to support retailers interested in future growth.
Multi-Unit Buyer’s Guide
CONTACT KRIS LARSON Business Development 401.408.3746 Klars@acehardware.com www.myace.com
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