Ace Hardware Painting Services
Home Services · Painting Services
- Active units
- 0
- Royalty
- 6.0%
Franchised, year-end 2023
of weekly Net Sales
About Ace Hardware Painting Services
Detailed brand overview is not available yet for this profile.
Key terms
- Franchise fee
$50k
- Additional Territory Discount
$14,000 off the Initial Franchise Fee for an additional Territory for existing franchisees meeting conditions
- Additional Concept Discount
$14,000 off the Initial Franchise Fee for qualifying owners of an affiliate’s franchise
- Brand fund
2.0% of Net Sales
- Local advertising
15000.0% of Net Sales
- Veteran discount
5000.0% off franchise fee — $5,000 off the Initial Franchise Fee for the first Franchise Agreement
Brand Percentile Rankings
Growth
- Total locations8
Franchised units open at year-end
- New openings8
Gross new units opened during the calendar year
- 1-year unit growth rate—
Net unit growth versus prior year
- 3-year unit CAGR—
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio8.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$121k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open4 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate6.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.