Question 1

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

Accepted Answer

The total initial investment for a Ace Hardware franchise ranges from $604K to $2.0M, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Ace Hardware franchise fee?

Accepted Answer

The initial franchise fee for Ace Hardware is $5K.

Question 3

What are the net worth requirements for a Ace Hardware franchise?

Accepted Answer

Net worth requirements for Ace Hardware are specified in the Franchise Disclosure Document.

Question 4

Does Ace Hardware require a personal guarantee?

Accepted Answer

Personal guarantee requirements for Ace Hardware are detailed in the franchise agreement.

Question 5

What equipment and inventory costs are involved with a Ace Hardware franchise?

Accepted Answer

Equipment costs for a Ace Hardware franchise range from $91K to $138K. Initial inventory costs range from $210K to $1.0M.