Open a New Store

Learn about one of the most profitable franchises to own
THE INVESTMENT
$579,000 - $1,900,000+
(depending on store size)
MINIMUM FINANCIAL REQUIREMENTS
$250,000
Unencumbered Cash
$400,000
Net Worth

Invest In A Trusted Brand

Ace Owner
No Ongoing Franchise Fees
No Royalty Fees
Ace Owner
You Own the Brand, Your Store and the Company
Entrepreneur's Franchise 500

Entrepreneur's Franchise 500

#5 overall
#1 In our category by
Entrepreneur Magazine's Franchise 500 List

Entrepreneur's Franchise 500

Entrepreneur's Franchise 500

2022 Best of the Best Franchise

Franchise Direct

Franchise Direct

#3 on Franchise Direct
Top 100 Global Franchises

Franchise Times

Franchise Times

#5 Franchise Times Top 400

J.D. Power

J.D. Power

Highest in Customer Satisfaction with Home Improvement Retail Stores, 16 out of 17 Years*

New Store Process

These are the steps to open a hardware store and become a franchise owner.
1
Preview &
Qualification
Ace Values Ace Culture Exploration Ace Convention
2
Market
Research
Market Identification Site Selection Sales Forecast Proforma
3
New Store
Application
Franchise Disclosure Document (FDD) (where applicable)
4
Store
Development
Store Planning Opening Stock Order Store Set Up
5
Store
Opening
Store Opening Grand Opening Event
Ace Team of 3 Support & New Owners Training
There's a lot of leeway with the Ace concept of make it your own.
- John Dunlap | Co-owner of Five Oaks Ace Hardware

Our Results

See why Ace is one of the most popular franchises.
11 Years in a row
of net new store growth
15 Years in a row
of increased transaction size
13 Years in a row
of increased same-store
sales and gross profit
16 out of 17 years
ranked "Highest in Customer
Satisfaction by J.D. Power*
Ace Medal

How We Compete

It takes something special to succeed in the hardware business.
Service
SERVICE
We can compete with big boxes with knowledgeable associates and the entrepreneurial spirit of its owners.
Convenience
CONVENIENCE
Ace stores can be found right in the neighborhood and combine a quick, in-and-out shopping experience with fast checkout.
Quality
QUALITY
With top brands like Craftsman, Weber and STIHL, Ace Hardware stores offer the best brands in home improvement.

Ace is the place for...

Veterans
Veterans

As a benefit for prospective Ace retailers who are also U.S. Veterans, Ace Hardware will waive its $5,000 application fee for those who qualify*

*Owner must have a DD214 and own at least 25% of the business

Coolest Stores
The Coolest Stores

Only a select few Ace Stores receive this coveted recognition annually, based on how well the store differentiates its offerings, services, and culture to meet the needs of the community.

Women in retail
Women in Retail

Ace supports women-owned franchises. Ace Women in Retail allows retailers to participate in a group that shares ideas, hosts guest speakers, and network with fellow retailers.

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Ace History

The beginning of one of the most successful franchises.
1924
Four hardware shop owners unite to start Ace Stores, Inc.
1931
Ace Stores, Inc. officially changes its name to Ace Hardware Corporation.
1940
By the end of the 1940s, Ace Hardware Corporation is supplying 133 Ace stores in seven states.
1959
Ace celebrates its 35-year anniversary with sales of $24.5 million and 325 stores.
1963
Ace begins to expand into the southeastern and western states.
1975
With stores in nearly all 50 states, Ace expands internationally, opening a store in Guam.
1985
A retailer ordering masking tape at a store in Michigan pushes Ace past $1 billion wholesale.
1994
The "New Retail Age of Ace" is launched to battle the "big box" chain hardware stores and help ensure the company's growth for years to come.
2006
Wholesale sales reach 10-year highs and the bottom line exceeds $100 million for the fourth straight year.
2013
Ace's Clark+Kensington® semi-gloss and satin paints are ranked No. 1 by a leading consumer magazine.
2019
12 out of 13 years ranked "Highest in Customer Satisfaction" by J.D. Power*