Start-Up Costs and Fees |
||
| Remote Control Hobbies | Ace Hardware | |
| Investment | 98500 - 250000 | 41000 - 2110230 |
| Franchise Fee | ||
| Royalty Fee | 2.50% | 0 |
| Advertising Fee | ||
| Year Founded | 2003 | 1924 |
| Year Franchised | 2004 | 1976 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Remote Control Hobbies | Ace Hardware | |
| Experience | Minimum Financial Requirements: * $250,000 Liquid Assets * $400,000 Net Worth | |
Financing Options |
||
| Remote Control Hobbies | Ace Hardware | |
| Franchise Fees | Yes | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | Yes | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Remote Control Hobbies | Ace Hardware | |
| Training | Training in all functional areas of operation, service and promotion: * Effective store management * Strategies and management of each revenue center * Purchasing and inventory strategies * Implementing helpful customer service * Financial management and "back-office" procedures * Hiring, training and managing employees * Effective store marketing techniques | |
| Support | Hands on, in-store training at opening - Ongoing contact from dedicated Ace support staff - In-store tools for continual improvement * In-store customer survey * Customer comment card program * Mystery shopper program A district manager will be assigned to your store to facilitate ongoing business needs and help you develop store growth plans to maximize retail sales and profits. | |
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| Remote Control Hobbies | Ace Hardware | |
| US Expansion | ||
| Canada Expansion | 0 | 0 |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Remote Control Hobbies | |
| Ace Hardware | |
| Franchise Fee | |
| Remote Control Hobbies | |
| Ace Hardware | |
| Royalty Fee | |
| Remote Control Hobbies | 2.50% |
| Ace Hardware | 0 |
| Advertising Fee | |
| Remote Control Hobbies | |
| Ace Hardware | |
| Year Founded | |
| Remote Control Hobbies | 2003 |
| Ace Hardware | 1924 |
| Year Franchised | |
| Remote Control Hobbies | 2004 |
| Ace Hardware | 1976 |
| Term Of Agreement | |
| Remote Control Hobbies | 10 years |
| Ace Hardware | |
| Renewal Fee | |
| Remote Control Hobbies | |
| Ace Hardware | |
Business Experience Requirements |
|
| Experience | |
| Remote Control Hobbies | |
| Ace Hardware | Minimum Financial Requirements: * $250,000 Liquid Assets * $400,000 Net Worth |
Financing Options |
|
| Franchise Fees | |
| Remote Control Hobbies | Yes |
| Ace Hardware | Yes |
| Start-up Costs | |
| Remote Control Hobbies | |
| Ace Hardware | |
| Equipment | |
| Remote Control Hobbies} | |
| Ace Hardware | |
| Inventory | |
| Remote Control Hobbies | |
| Ace Hardware | |
| Receivables | |
| Remote Control Hobbies | |
| Ace Hardware | |
| Payroll | |
| Remote Control Hobbies | |
| Ace Hardware | |
Training & Support |
|
| Training | |
| Remote Control Hobbies | |
| Ace Hardware | Training in all functional areas of operation, service and promotion: * Effective store management * Strategies and management of each revenue center * Purchasing and inventory strategies * Implementing helpful customer service * Financial management and "back-office" procedures * Hiring, training and managing employees * Effective store marketing techniques |
| Support | |
| Remote Control Hobbies | |
| Ace Hardware | Hands on, in-store training at opening - Ongoing contact from dedicated Ace support staff - In-store tools for continual improvement * In-store customer survey * Customer comment card program * Mystery shopper program A district manager will be assigned to your store to facilitate ongoing business needs and help you develop store growth plans to maximize retail sales and profits. |
| Marketing | |
| Remote Control Hobbies | |
| Ace Hardware | |
| Operations | |
| Remote Control Hobbies | |
| Ace Hardware | |
Expansion Plans |
|
| US Expansion | |
| Remote Control Hobbies | |
| Ace Hardware | |
| Canada Expansion | |
| Remote Control Hobbies | 0 |
| Ace Hardware | 0 |
| International Expansion | |
| Remote Control Hobbies | |
| Ace Hardware | |