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Ace Hardware
Convenience hardware store
Luckily, Ace has John Madden up its sleeve. Despite the growth of warehouse-style competitors, Ace Hardware has remained a household name, thanks to ads featuring Madden, a former Oakland Raiders football coach and TV commentator. By sales, the company is the #1 hardware cooperative in the U.S., ahead of Do It Best. From about 15 warehouses Ace distributes such products as electrical and plumbing supplies, garden equipment, hand tools, housewares, and power tools. Ace's paint division is a major paint manufacturer in the U.S.
2011 AllStar Rank: 123
2010 AllStar Rank: 105
2009 AllStar Rank: 29
Full Disclosure Award
This company gets a nod for disclosing financial performance representations in Item 19 of its Franchise Disclosure Document (FDD). For an explanation of why this is important, read The Importance of Item 19 in the Franchise Disclosure Document.
2010 AllStar Rank: 105
2009 AllStar Rank: 29
Full Disclosure Award
This company gets a nod for disclosing financial performance representations in Item 19 of its Franchise Disclosure Document (FDD). For an explanation of why this is important, read The Importance of Item 19 in the Franchise Disclosure Document.
AllStar Franchise
AllStar Rank:
56
See All AllStar Franchises
Ace Hardware
2200 Kensington Court
Oak Brook, IL 60523
630-990-6600
Fast Facts
| Year established | 1924 |
| Franchising since | 1976 |
| Can be run from home? | No |
| Number of employees needed | 12 |
| Item 19 Financial Performance Representation? | Yes |
| Multiple units must be purchased in U.S. | No |
| Multiple units must be purchased outside U.S. | No |
| % of franchisees who own multiple units | 25% |
| Absentee ownership allowed? | Yes |
Franchise Unit Growth Rate
| Year | U.S. Franchises |
Non-U.S. Franchises |
Company-Owned Locations |
| 2011 | 4,091 | 371 | 0 |
| 2010 | 4,124 | 335 | 0 |
| 2009 | 4,148 | 330 | 0 |
Expanding in These Locations
United States, Worldwide
Costs
| Total Investment | $400,000 - $1,000,000 |
| Franchise Fee | $5,000 |
| Royalty Fee | 0% |
Financial Requirements
| Net Worth | $400,000 |
| Liquid Capital | $250,000 |
Franchisee Qualifications
An entrepreneurial spirit
Financing
| Does franchisor offer financing? | No |
| Is franchisor on the SBA's Franchise Registry? | Yes |
| Is franchisor a member of the IFA's VetFran program? | No |
Financing Assistance
Franchisor offers new store owners up to $225,000 in new store incentives to help with costs of opening a store; amount varies based on store size and is distributed over three years
AllStar Franchise
AllStar Rank:
56
See All AllStar Franchises
Ace Hardware
2200 Kensington Court
Oak Brook, IL 60523
630-990-6600
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Ace Hardware Corporation
Luckily, Ace has John Madden up its sleeve. Despite the growth of warehouse-style competitors, Ace Hardware has remained a household name, thanks to ads featuring Madden, a former Oakland Raiders football coach and TV commentator. By sales, the company is the #1 hardware cooperative in the U.S., ahead of Do ...
| Company Type: | Private - Cooperative |
| Employees: | 4,800 |
| Executives: | David S. Ziegler, ChairmanRay A. Griffith, President and CEOLori L. Bossmann, VP Merchandising, Marketing, and Advertising |
| Sales: | $3,864,200,000 |
| See More Financials | |
| Industries: | Home Improvement & Hardware Retail |
| See More Industries | |
| Top Competitors: | Home DepotLowe'sTrue Value |
AllStar Franchise
AllStar Rank:
56
See All AllStar Franchises
Ace Hardware
2200 Kensington Court
Oak Brook, IL 60523
630-990-6600
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