How to Make Business With Ace Hardware: Franchise Availability
Ace Hardware ensures its franchisees that their investment can be worth it with their globally acclaimed hardware store with a history of almost a century. Offering a vast amount of home improvement items, from well-known and reputable brands, makes Ace Hardware one of the key players in the hardware industry both in the United States and in the Philippines.
Read further and know more about this globally recognized company and how to strike a franchise contract with them.
About Ace Hardware
Ace Hardware was established in 1942 by Richard Hesse, E. Gunnard Lindquist, Franke Burke, and Oscar Fisher, by 1973 Ace Hardware was declared as a cooperative then, later on, became a retailer’s cooperative in 1976.
By 1997, Ace Hardware-the leading hardware stores in the United States, open its first franchise in the Philippines, with their first store located at SM Southmall, Las Piñas, Metro Manila. It was open with the purpose of providing the Philippine market a one-stop shop of the latest solutions for home improvement
Ace Hardware’s Core Products
Paints and Decorating
How to Start an Ace Hardware Franchise
Ace Hardware does not offer franchise at the moment, but can offer co=op partners. Since the outlets are a co-op and not a franchise, Ace Hardware is built to have a similar characteristic while at the same time exuding its own unique look.
However, no matter what option the investor may take, he/she must understand that their certain factors Ace Hardware is looking for when it comes to their partners. The following may guide future entrepreneurs on the qualities Ace Hardware looks for towards their franchisees.
Do you have what it takes to join Ace Hardware?
Aside from financial requirements, Ace Hardware is also looking for some key factors which their franchisees must embody to successfully run an Ace Hardware outlet.
Passionate about local customers- Ace retailers should have the drive and pride on helping people who comes on their store.
Possess leadership and decision making skills- Ace retailers understand that to be successful you must be committed to leading and making key decisions.
Grocery and Hardware- Adding Ace Hardware to your grocery business creates differentiation versus other stores, in addition to convenience.
What Ace Hardware Provides
Convenience- Ace Hardware stores have the concept of quick all-in-one shops with a fast checkout system.
Service- Ace Hardware competes through equipping themselves with the knowledge that can help their customers and the drive of their partner entrepreneurs to grow further.
Quality- Ace Hardware make sure that their outlets are packed with trusted and quality brands in home improvement.
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Creates differentiation versus other grocery stores
Globally recognized brand
Disadvantages of Co-op with Ace Hardware
It’s crucial to find employees who are knowledgable in the field of products distributed among the Ace Hardware outlet since the staffs will frequently act as a guide and adviser on customers who are less-versed on their problem or need.
Ace Hardware outlets houses numerous products, and that amount of inventory equate to a bigger site requirement, which means that the franchisee needs to shoulder greater financial investment to establish an Ace Hardware franchise.