Ace Hardware is a hardware store chain with locations all across the United States. The company was founded in 1924 and has been family-owned ever since.
If you’re thinking about opening your own Ace Hardware store, there are a few things you need to know. First, Ace is a franchise, so you will have to pay a franchising fee. The amount of the fee varies depending on the location of your store, but it is typically around $30,000.
In addition to the franchising fee, you will also need to have enough money to cover the cost of opening and running your store. This includes the cost of leasing or buying a retail space, as well as the cost of stocking your shelves with merchandise. Overall, you can expect to spend at least $500,000 on opening and running your Ace Hardware store.
With that said, if you’re dedicated to making your hardware store a success, the investment could be well worth it. Ace Hardware stores are known for their excellent customer service and wide selection of quality products, both of which are essential for attracting and retaining customers.
If you’re interested in opening an Ace Hardware store, the first step is to contact the company’s franchising department to learn more about the process and what it will cost you.
