The average Ace Hardware store owner makes about $100,000 per year. This can vary greatly depending on the size and location of the store, as well as the owner’s experience and business acumen.
Ace Hardware is a franchise, so the amount an individual store owner makes is partly determined by how well that particular store is doing. A store in a affluent area that is managed well and has a good reputation can do much better than a store in a less desirable location.
The average Ace Hardware store does about $1.2 million in sales per year.
The top 20% of stores do about $2 million or more in sales, while the bottom 20% do less than $800,000 in sales.
The typical Ace Hardware store has about 9,000 square feet of space and employs 10-12 people. Store owners typically work long hours, often 60 or more per week.
Conclusion:
Overall, Ace Hardware store owners make a good living. They typically work long hours, but if they are successful, they can make quite a bit of money.
