How does Ace Hardware make money?

Ace Hardware is a hardware store chain with locations all over the world. The company makes money through the sale of products and services to customers.

Additionally, Ace Hardware stores offer rental services for tools and equipment. Franchise fees and royalties are another source of revenue for the company.

Ace Hardware was founded in 1924 by Richard Hesse, E.C. Stearns, and Frank Burke.

The first store was located in Oak Park, Illinois. Today, there are more than 4,700 Ace Hardware stores in the United States and over 60 countries around the world. The company is headquartered in Oak Brook, Illinois.

Ace Hardware stores offer a wide variety of products for customers to choose from. Products sold include hardware, tools, paint, plumbing supplies, electrical supplies, lawn and garden products, and more.

In addition to selling products, Ace Hardware stores also offer rental services for items such as tools and equipment.

Ace Hardware is a successful company that has been in business for nearly 100 years. The company makes money through the sale of products and services to customers, as well as through franchise fees and royalties. Ace Hardware stores offer a wide variety of products and services that appeal to customers looking for quality hardware supplies.

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