Established
2021
Franchise Units
42
Minimum Investment
$80,000
Franchise Fee
$50,000
Total Investment Range
$2,190,000
Home Based
No
Description
Ace Hardware Painting Services offers a unique franchise opportunity in the home improvement industry, combining the trusted Ace Hardware brand with professional painting expertise. As a subsidiary of Ace Hardware Corporation, this franchise provides franchisees with a proven business model, comprehensive support, and access to a growing market demand for quality painting services.
Why Invest in This Franchise?
Unique Selling Points (USPs)
Established Brand Recognition: Leverage the trusted Ace Hardware brand, known for quality and reliability in the home improvement sector.
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Comprehensive Service Offering: Provide a range of painting services, including interior and exterior painting, catering to both residential and commercial clients.
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Proven Business Model: Benefit from a tested and scalable business model with a focus on customer satisfaction and operational efficiency.
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Ongoing Support: Receive continuous training and support in areas such as operations, marketing, and customer service to ensure business success.
Background
Established Year: Ace Hardware Painting Services was founded on November 15, 2021, as a Delaware limited liability company.
Franchise Units: As of the latest available data, Ace Hardware Painting Services operates 42 franchise units across the United States.
Founders: Ace Hardware Painting Services is a subsidiary of Ace Hardware Corporation, which was founded in 1924 by Richard Hesse, E. Gunnard Lindquist, Frank Burke, Oscar Fisher, and William Stauber.
Company History: Ace Hardware Corporation began as a cooperative of independent hardware retailers and has grown to become the largest retailer-owned cooperative in the United States. The company has expanded its services over the years to include various home improvement offerings, including painting services through its franchise network.
Ownership: Ace Hardware Painting Services is owned and operated by Ace Hardware Corporation, a privately held company based in Oak Brook, Illinois.
Market Presence in the USA: With 42 franchise units, Ace Hardware Painting Services has a growing presence in the U.S., offering professional painting services to both residential and commercial clients.
Industry Category: Home & Building Services
Support Training
Pre-Launch Support
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Comprehensive Training: Franchisees undergo a thorough training program covering all aspects of the business, including operations, customer service, and marketing strategies.
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Site Selection Assistance: Guidance in selecting an optimal location for the franchise to maximize visibility and customer accessibility.
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Marketing Strategy Development: Assistance in creating a localized marketing plan to effectively promote the franchise within the community.
Operational Support
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Ongoing Training: Continuous education to keep franchisees updated on industry trends, new techniques, and best practices.
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Operational Guidelines: Access to detailed manuals and resources outlining standard operating procedures to ensure consistency and quality.
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Quality Assurance: Regular evaluations and feedback to maintain high service standards and customer satisfaction.
Marketing Support
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National Marketing Campaigns: Participation in nationwide advertising efforts to build brand awareness and attract customers.
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Local Marketing Resources: Provision of customizable marketing materials for local promotions and events.
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Digital Marketing Assistance: Support in establishing an online presence through websites, social media, and search engine optimization.
Academic Support
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Access to Training Platforms: Utilization of platforms offering a wide range of courses to enhance skills and knowledge.
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Workshops and Seminars: Opportunities to attend sessions focused on business growth, customer engagement, and industry innovations.
Ongoing Support
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Dedicated Support Team: A team of experts available to assist with any challenges or questions that arise during the operation of the franchise.
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Performance Reviews: Regular assessments to identify areas for improvement and implement strategies for growth.
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Networking Opportunities: Connections with other franchisees to share experiences, insights, and best practices.
Ideal Candidate
Entrepreneurial Spirit: Individuals with a passion for business ownership and a drive for success.
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Customer-Focused: A commitment to delivering exceptional customer service and building lasting relationships.
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Management Experience: Background in managing teams and operations, preferably in the service industry.
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Financial Capability: Ability to invest the required capital and manage the financial aspects of the business.
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Location Preference: Interest in establishing a presence in residential communities with a demand for home improvement services.
Financial Detail
| Financial Aspect | Details / Range |
|---|---|
| Total Investment Required | $535,000 – $2,190,000 |
| Minimum Investment | $50,000 – $80,000 |
| Franchise Fee | $50,000 – $80,000 |
| Franchise Units | 42 units (USA) |
| Infrastructure Cost | Varies by location and lease agreements |
| Marketing Budget | ~2% of monthly sales |
| Working Capital | $20,000 – $30,000 |
| Royalty Fees | 6% of gross sales |
| Expected ROI | Typically 12 – 24 months |
| Break-Even Time | 12 – 24 months |
| Potential Revenue Streams | Residential & commercial painting, cabinet refinishing, drywall repair |