1851

Ace Hardware, a staple in the hardware retail industry, offers individuals the opportunity to become part of its globally recognized brand through franchise ownership. Established in 1924 in Chicago, Ace Hardware has grown into the largest retailer-owned hardware cooperative worldwide, boasting over 5,600 locally owned and operated stores in around 65 countries.For aspiring entrepreneurs looking to invest in “the place with the helpful hardware folks,” here’s some key insight into the financial commitments and business model associated with opening an Ace Hardware store.The InvestmentThe initial investment to open an Ace Hardware franchise can range from $579,000 to $1.9 million (or more), depending on the size of the store. The franchise has set minimum financial requirements for prospective owners, requiring $250,000 in unencumbered cash and a net worth of $400,000.&nbsp;Despite the significant upfront investment, Ace Hardware stands out by not imposing ongoing franchise fees or royalty fees, allowing all funds invested to contribute directly to the growth and success of their individual stores.Ace Hardware NetworkAce Hardware's extensive network includes more than 5,800 locally owned hardware stores spread across all 50 states and 60 countries, with global sales surpassing $22 billion. The brand's commitment to local communities is evident in the diverse store sizes, catering to the specific needs of urban, rural and suburban areas. In 2023 alone, Ace Hardware added over 100 new locations, contributing to over 1,100 stores opened globally in the past five years.Growth and ExpansionTo accommodate its rapid growth, Ace Hardware continues to invest in expanding its distribution network. Plans include adding 4.4 million square feet of capacity through the opening of three new warehouses in the next five years. This expansion builds upon the already impressive addition of more than 2.5 million square feet in the past four years, reinforcing Ace Hardware's commitment to meeting the demands of a growing franchise network.Business ModelAce Hardware's business model emphasizes the active involvement of franchise owners in the day-to-day operations of their stores. While owners enjoy a considerable degree of independence, running the business as an absentee or semi-absentee owner is not permissible.&nbsp;The franchise offers various store formats to cater to different markets, including Convenience Hardware, Core Hardware, Super Hardware, Home Center and Contractor-Oriented Supply formats. The flexibility in store formats allows franchisees to tailor their offerings to the specific needs of their communities, as well as their financial capabilities.Opening an Ace Hardware franchise provides entrepreneurs with the opportunity to be part of a globally renowned brand with a rich history. As Ace Hardware continues its global expansion, the franchise remains an attractive option for those looking to invest in a hardware retail business and become integral members of their local communities.At the 1851 Growth Club, we can help you find the right franchise for you at the right price point with your best interests at heart. <a href="https://1851growthclub.com/?utm_source=1851franchise.com&amp%3Butm_medium=article&amp%3Butm_campaign=celebrities-in-franchising-2725071&utm_source=1851franchise.com&utm_medium=article&utm_campaign=how-much-does-it-cost-to-open-an-ace-hardware-franchise-2725091" target="_blank" rel="nofollow">Reach out today to start building your franchise legacy</a>! &nbsp; &nbsp;

How much does it cost to open an Ace Hardware franchise?

How Much Does It Cost To Open an Ace Hardware Franchise?

1851 Franchise

After the initial costs to buy in, Ace Hardware franchisees do not pay ongoing royalty fees, meaning everything put in goes toward the company they own. 

how-much-does-it-cost-to-open-an-ace-hardware-franchise

Sylvan Learning

Sylvan Learning - Empowering Women in Education - Susan Valverde - Denise Tompkins - Jessica Rollins

Empowering Women in Education: How Sylvan Learning’s Female Leaders Are Making an Impact

sylvan-learning-empowering-women-in-education

Shuckin' Shack

Photo of Shuckin' Shack team gathered in a room for the brand's State of the Union

Shuckin' Shack Oyster Bar Franchise Partners Unite for Annual Conference Focused on Innovation, Growth, and Giving Back

shuckin-shack-franchisees-unite-for-annual-conference

Integrity Franchise Group

Why Attending Franchise Conferences is Crucial for Your Business Success

why-attending-franchise-conferences-is-crucial-for-your-business-success

Pool Scouts

Women Entrepreneurs Thriving With Pool Scouts: Celebrating Women’s History Month

women-entrepreneurs-thriving-with-pool-scouts-celebrating-womens-history-month

Dog Training Elite

Dog Training Elite - Chris Bergman - Dog Training Tips - National Dog Training Education Month

2News Nevada: Dog Training Expert Provides Tips for National Dog Training Education Month

dog-training-elite-chris-bergman-expert-tips

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

Login

facebook

instagram

twitter

linkedin

youtube

NRA: Restaurants Focus On Enhancing In-Store Experiences To Attract Diners in 2025

nra-restaurants-focus-on-enhancing-in-store-experiences-to-attract-diners-in-2025

The Joint Chiropractic - Dr. Anthony Tran - IFA Franchisee of the Year - 1851 Franchise

The Joint Chiropractic’s Dr. Anthony Tran Named Franchisee of the Year by the IFA

joint-chiropractic-dr-anthony-tran-ifa

TruGolf - Hybrid Golf Franchise - Nexus Golf - 1851 Franchise

TruGolf Links Unveils Revolutionary Hybrid Golf Franchise Concept

trugolf-links-unveils-revolutionary-hybrid-golf-franchise-concept

Photo of a basket of chicken wings with dipping sauce and celery

RestaurantNews: Franchisees File Comprehensive Legal Complaint Against Hurricane AMT

restaurantnews-franchisees-file-comprehensive-legal-complaint-against-hurricane-amt

Hooters - Bankruptcy Chapter 11 - 1851 Franchise

Hooters Prepares for Bankruptcy Amid Financial Struggles

hooters-prepares-for-bankruptcy-amid-financial-struggles

Tiam Behdarvandan’s Let’s Get Moving Offers a Franchise Opportunity Rooted in Growth and Support

tiam-behdarvandans-lets-get-moving-offers-a-franchise-opportunity-rooted-in-growth-and-support

Lindora’s New President Discusses Franchise Growth and the Future of Health and Wellness

lindoras-new-president-discusses-franchise-growth-and-the-future-of-health-and-wellness

SoBol’s President and COO Shares Growth Journey and Franchise Vision

sobols-president-and-coo-shares-growth-journey-and-franchise-vision

Franchise Deep Dive: Studio Pilates Franchise Costs, Fees, Profit and Data

franchise-deep-dive-studio-pilates-franchise-costs-fees-profit-and-data

Paris Baguette Ranks Among Top Franchises on Entrepreneur’s Franchise 500® for 2025 - 1851 Franchise

Paris Baguette Ranks Among Top Franchises on Entrepreneur’s Franchise 500® for 2025

paris-baguette-ranks-among-top-franchises-on-entrepreneurs-franchise-500-for-2025

Domonique Downing - Big Frog Franchise - Fayetteville, GA - 1851 Franchise

Coca-Cola Scientist Finds Path to Autonomy with Big Frog Franchise in Fayetteville, Georgia

big-frog-franchise-fayetteville-georgia

Franchisee spotlight featuring Ian and Dick Rydholm with gradient blue background and Sylvan logo

Ian and Dick Rydholm Celebrate 30 Years of Transforming Lives Through Sylvan Learning in El Paso, Texas

ian-and-dick-rydholm-celebrate-30-years-of-transforming-lives-through-sylvan

Florida Franchisee Reflects on Success and Growth with Sylvan Learning

florida-franchisee-reflects-on-success-and-growth-with-sylvan-learning

Franchisee spotlight image with Randy and Sandy Craft, Children's Lighthouse logo on blue background

The Crafts’ Successful Journey from New Parents to Children’s Lighthouse Franchisees

the-crafts-successful-journey-from-new-parents-to-childrens-lighthouse-franchisees

DOJ FTC Antitrust Guidelines - Franchise News - 1851 Franchise

DOJ and FTC Issue New Antitrust Guidelines with Implications for Franchising

doj-and-ftc-issue-new-antitrust-guidelines-with-implications-for-franchising

How Much Does It Cost To Open an Ace Hardware Franchise?

MORE STORIES LIKE THIS