What does Ace Hardware look in a franchisee?
Additionally, Ace is particularly looking for candidates who are passionate about local customers. Also, the applicants must possess leadership and decision-making skills, as they will run the store’s daily operations. A positive factor to keep in mind is that Ace franchisees are not required to pay any royalty or marketing fees to the corporate company. This is a benefit that is not offered by most franchises.
That being said, the minimum net worth Value of all the non-financial and financial assets of a business buyer. There is usually a minimum net worth requirement to qualify as a… required to own an Ace Hardware franchise A franchise is when a business (franchisor) allows a party (franchisee) to acquire its know-how, procedures, processes, trademarks, intellectual property, use of its business… is $400,000 and the applicant must have liquid assets totaling at least $250,000.