Retail
Ace Hardware
Cooperative of independently owned hardware stores, one of the largest hardware retail chains worldwide.
Business overview
Ace Hardware is a dealer-owned cooperative with over 5,500 stores globally. Opening an Ace Hardware requires a total investment typically ranging from about $292,000 to $2.12 million. Instead of a traditional franchise fee, Ace has a low upfront fee (approximately $5,000) and requires store owners to buy stock in the cooperative. Candidates need a minimum of $250,000 in liquid capital and a net worth of at least $400,000. Ace does not charge royalties in the usual sense (store owners purchase inventory from Ace and pay a small monthly service fee). Advertising is managed via co-op programs rather than a set percentage fee. Ace’s cooperative model and strong brand allow local owners to operate with significant independence while benefiting from national buying power and marketing. The brand’s slogan “Ace is the place with the helpful hardware folks” reflects its focus on customer service and community presence.
Research factors
Detailed questionnaire data has not yet been independently reviewed for this franchise.