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6. Ace Hardware

Last Year's Rank: 6

Investment Range: $272,500 - $1,574,230

Category: Retail

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Company Description


Ace Hardware is the largest retailer-owned hardware cooperative in the world. Although it is considered a franchised business since independent owners operate most of its locations, Ace is formally a retailers' cooperative.

Founded in 1924 in the Chicago area, Ace Hardware stores vary in size and product offerings to fit each neighborhood. Nearly all of its 5,200+ locations in all 50 states and 60 countries are franchised.

Ace franchisees are not only business owners, but also shareholders in the organization. The hardware chain also offers an option to convert stores from existing independent stores to an Ace Hardware store.

Company Statistics


Global Sales: $15,989,000,000

US Units: 4,526

International Units: 703

Total Units: 5,229

Percent Franchised: 98%

% International Units: 13%

US Franchised Units: 4,418

International Franchised Units: 703

Sales Growth %: 6.48%

Unit Growth %: 2.69%

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