Who is the CEO of Ace Hardware?

Who is the CEO of Ace Hardware?

John Venhuizen (Mar 31, 2013–)Ace Hardware / CEO

John Venhuizen is President and Chief Executive Officer of Ace Hardware Corporation. Venhuizen, 51, is a 29-year veteran of Ace. Prior to becoming CEO in 2013, Venhuizen served as President and Chief Operating Officer.

Where is the headquarters for Ace Hardware?

Oak Brook, ILAce Hardware / HeadquartersOak Brook is a village in DuPage County with a small portion in Cook County in Illinois. Per the 2020 census, the population was 8,163. Wikipedia

What is a good pressure washer?

The Best Pressure Washer

  • Our pick. Ryobi RY142300 2300 PSI Brushless Electric Pressure Washer.
  • Runner-up. DeWalt DWPW2400 2400 PSI Electric Cold-Water Pressure Washer.
  • Budget pick. Sun Joe SPX3000 Electric Pressure Washer.
  • Also great. Ryobi RY1419MTVNM 1900 PSI Electric Pressure Washer.
  • Also great.

Is Ace Hardware franchise profitable?

Additionally, the sum of revenue from Ace Hardware’s cooperative member stores and company-owned retail stores increased at an annualized rate of 6.5% to $8.5 billion over the past five years. By 2018, due to this continuous success, the company’s operating income. reached $272.2 million.

Is 2000 psi pressure washer enough?

Mid-Range Power: 2,000 to 3,200 PSI The most versatile category of pressure washers, those ranging from 2,000 to 3,200 PSI effectively clean cars (including the most well-used off-road vehicles), home siding, fences, boats and grimy garage floors. Those closer to 3,200 PSI work effectively on tough stains, too.

Is owning an Ace Hardware store profitable?

Ace Hardware is offering a tremendous opportunity for those wanting to build a profitable and lasting business. With financial backing and support from a globally trusted and locally embraced brand, the ultimate success can be yours with Ace.

What is the cost of an Ace Hardware franchise?

New owners can expect to pay a $5,000 franchise fee for the rights to open their own location, but it costs anywhere from a total of $272,500 to $1,574,230 to open an Ace Hardware franchise, assuming this is a new location.

Which hardware store makes the most money?

Home Depot beat Wall Street’s expectations on earnings and revenue. Its net sales rose 23% to $33.54 billion from $27.22 billion reported a year ago. Home Depot, which has nearly 2,300 stores across North America, has a market cap of nearly $290 billion — more than 2½ times greater than Lowe’s.

How much profit does an Ace Hardware make?

$361.8 million
Retail gross profit for fiscal 2021 was $361.8 million, an increase of $27.4 million from fiscal 2020. The retail gross margin percentage was 44.6 percent of retail revenues in fiscal 2021, a slight increase from 44.5 percent in fiscal 2020.