illi News - Ace Hardware and Ace Handyman Services Named Two of 2024's Best of the Best Franchises

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OAK BROOK, Ill., July 30, 2024 ~ Ace Hardware, the world's largest retailer-owned hardware cooperative, has once again proven its excellence in the industry by being awarded the prestigious 'Best of the Best' title in Entrepreneur magazine's July/August issue and on Entrepreneur.com. This recognition not only highlights Ace Hardware's commitment to providing top-notch products and services but also acknowledges its subsidiary, Ace Handyman Services, as a leading franchise opportunity in the home repairs and handyman services category.

John Kittell, Vice President of Retail Operations and New Business at Ace Hardware, expressed his pride in receiving this accolade. "This Best of the Best award from Entrepreneur magazine is a testament to our dedication to helping our business owners thrive," he stated. "We prioritize supporting our local owners with industry-leading products and services that give them a competitive edge in the marketplace. The success and growth of Ace Hardware are directly attributable to our co-op owners, who uphold our helpful brand promise daily in the communities they serve."

Entrepreneur's Best of the Best Franchises ranking is based on information submitted for its annual Franchise 500® list. This recognition is part of Entrepreneur's ongoing efforts to understand and evaluate the ever-changing franchise marketplace. The franchises selected as 2024's Best of the Best not only ranked highly on this year's competitive Franchise 500 list but also stood out as leaders in their respective industry categories. This evaluation was based on more than 150 data points, including costs and fees, size and growth, franchisee support, brand strength, and financial stability.

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Jason Feifer, editor-in-chief of Entrepreneur magazine, explained their approach to selecting the best franchises: "Everyone wants to know who's the best—but at Entrepreneur, we go further. With so many incredible franchises out there, we love to celebrate the absolute best of the best. It's the perfect place for any ambitious future franchisee to start looking for their dream brand."

Ace Handyman Services, a subsidiary of Ace Hardware, was established in 2019 and consists of locally owned franchise businesses staffed by skilled craftsmen and women. These professionals are trained to handle a wide range of home maintenance tasks, including carpentry, plumbing, electrical work, drywall installation, painting, and flooring.

To see Ace Hardware and Ace Handyman Services on the 2024 Best of the Best list, readers can pick up a copy of Entrepreneur magazine's July/August issue or visit Entrepreneur.com. This recognition further solidifies Ace Hardware's position as a premier franchise opportunity globally and highlights its commitment to excellence, customer satisfaction, and owner support.

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