Question 1

How many Ace Hardware franchise locations are there?

Accepted Answer

Ace Hardware currently has 5,144 total units, including 4,885 franchised locations and 259 company-owned locations.

Question 2

Is the Ace Hardware franchise system growing or shrinking?

Accepted Answer

Ace Hardware has experienced positive net growth of +3.0% over the past year, with a 3-year compound annual growth rate (CAGR) of +2.7%.

Question 3

What is the franchise vs. company-owned ratio for Ace Hardware?

Accepted Answer

Ace Hardware has a franchise ratio of 95%, meaning 95% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many Ace Hardware franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), Ace Hardware had 210 units opened and 65 units closed.