Multi-Unit Franchisee Magazine Special Edition | Page 29

2017 Annual Edition RETAIL & SERVICES QUALIFICATIONS “ We are looking for Helpful Hardware Folks that can deliver on the Ace Brand Promise to customers in their store’s neighborhood. Ideal candidates will have a minimum of $250,000 of unencumbered cash with a net worth of $400,000. Ace is the Place with the Helpful Hardware Folks!” 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, business supplies, local niche services and virtually anything a customer will ever need to fi x, repair and maintain their home or business. RANKINGS & AWARDS • Ranked No. 7 in Entrepreneur Magazine’s Top 500 Franchises • Ranked No. 6 in Franchise Times Top 200 Franchises • Ranked No. 8 overall on the Temkin Experience Rating and No. 1 in the retail category • Ranked No. 18 on the Top 100 Global Franchises OPPORTUNITY DESCRIPTION Ace Hardware, America’s neighborhood hardware retailer for over 93 years, is the leader in the convenience hardware industry and offers a tremendous opportunity for those looking to build a profi table 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 profi ts and compete effectively with larger stores. Today, Ace is globally known and locally owned in over 60 countries. 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 support to retailers interested in future growth. FAST FACTS: FRANCHISING SINCE: 1976, Founded 1924 MULTI-UNIT FRANCHISE OPERATING UNITS: 51.6% TOTAL OPERATING UNITS: 5,000 COMPANY OPERATING UNITS: 98 CAPITAL INVESTMENT: $272,500 - $1,561,500 FRANCHISE FEE: $5,000 One-time affi liation fee (Affi liation fee waived for U.S. Veterans) ROYALTY FEE: 0% ADVERTISING FEE: 2% of wholesale purchases up to $13,000 EARNINGS CLAIMS: Yes BUILD-OUT OPTIONS: Free Standing, Inline, Store within a Store, End Cap AVAILABLE TERRITORIES: Global CONTACT MICHAEL CULLUM New Business Marketing & Sales Representative [phone] [email protected] www.myace.com Multi-Unit Buyer’s Guide 27