Mexico, as the 11th largest economy based on Gross Domestic Product, one of the highest home ownership rates and a rising middle class, provides the Ace franchisee an opportunity for growth. Ace provides the perfect opportunity to capture the convenience home improvement segment with flexible store formats ranging from 300 square meters to 3,000 square meters, depending on the trade area.
The launch of the Ace franchise model in Mexico provides a platform to provide local investment and ownership opportunities to entrepreneurs and investors. Ace's goal is to develop a network of successful locally owned and operated Ace Hardware stores that focus on serving Mexican families with locally sourced products.
The Ace franchise offers a turnkey business model. It will support franchisees in all phases - site selection, store design, merchandising, as well as grand opening; and providing products from both Mexican and global brands to meet the needs of the home improvement consumer.
Ace will begin the development of the franchise by targeting on certain markets across the country. The first markets for development will be focused on the state of Mexico and Monterrey. For more information, click here.
The Ace model provides flexibility in store sizes and shapes based on the needs of each individual market or neighborhood – from small urban stores at 300 square meters to large lifestyle stores of more than 1000 square meters.
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