Franchising Status
Eligibility for SBA Loan

Franchisor Background

Franchisor Name

Primary Brand Name of Franchisor
Ace Hardware

Year Founded

Year when franchising entity was formed
1964

Parent Company

Corporate owner of franchising entity
Ace Hardware Corporation

CEO

Chief Executive Officer of Franchisor
John Venhuizen

Franchise Units

Size of franchisee system
4,310

Industry

High level industry category
Retail

Initial Franchisee Requirements

Net Worth Required

Minimum net worth required to be franchisee
$400,000

Liquid Capital Required

Minimum liquid capital required to be franchisee
$250,000

Minimum Investment

Lowest reported franchise investment cost
$272,500

Maximum Investment

Highest reported franchise investment cost
$1,574,230

Minimum Franchise Fee

Minimum initial fee payable to franchisor
$5,000

Maximum Franchise Fee

Maximum initial fee payable to franchisor
$5,000

Other Considerations for Franchisees

Royalty Fees

Typically as a % of revenue
Unknown

Advertising Fees

Typically as a % of revenue
0

Initial Term

Length of initial franchise agreement
Unknown years

Renewal Term

Length of franchise agreement if renewed
Unknown years

Number of Franchisor Lawsuits

Between franchisors and franchisees
11

Number of Director Bankruptcies

Franchisor directors, and franchise entities
0

Distribution of Ace Hardware Franchisees

Ace Hardware Franchise System Development in 2017