Hardware Hank franchise: cost, fees and total investment
Short answer: The Hardware Hank franchise fee is $3,450 and the total initial investment ranges from $306,790 to $2,176,550, with about $155,000 in liquid cash required, based on franchise disclosure data compiled in October 2026. Confirm current figures in Items 5 and 7 of the Hardware Hank FDD.
What are the Hardware Hank franchise fees and investment?
The Hardware Hank franchise requires a franchise fee of $3,450 and a total initial investment of $306,790 to $2,176,550. The franchise fee is one line inside the total investment, which also covers location, equipment, opening inventory and working capital.
| Franchise fee (FDD Item 5) | $3,450 |
|---|---|
| Total initial investment (FDD Item 7) | $306,790 to $2,176,550 |
| Minimum liquid cash | $155,000 |
| US locations | 577 |
| Industry | Retail |
| Headquarters | Maple Grove, Minnesota |
| Founded | 1945 |
| Franchising since | 1954 |
How does the Hardware Hank investment compare with other retail franchises?
Hardware Hank's minimum investment of $306,790 is above the median minimum investment of $159,700 across the 223 retail franchises in the SelectFranchiseList database. 46 of the other 222 brands in this industry start at a higher investment. Its franchise fee starting at $3,450 compares with an industry median of $30,000.
By minimum investment, Hardware Hank belongs with franchises from $250,000 to $500,000.
What should you verify in the Hardware Hank FDD?
Verify six parts of the Hardware Hank Franchise Disclosure Document before you sign, because figures change with every annual FDD:
- Item 5 and Item 6: the current franchise fee, royalty, marketing fund and technology fees.
- Item 7: the full investment range by expense line, including working capital.
- Item 19: whether Hardware Hank discloses financial performance data, and which units it covers.
- Item 20: openings, closures and transfers, plus contacts for current and former franchisees.
- Item 21: the franchisor's audited financial statements.
- Item 12: whether your territory is protected.
The full list of Items is in the FDD guide. You must receive the FDD at least 14 calendar days before you sign a binding agreement or pay any money.
Which franchises are similar to Hardware Hank?
These retail franchises have the closest minimum investment to Hardware Hank:
| Franchise | Franchise fee | Total investment |
|---|---|---|
| Clothes Mentor | $25,000 | $305,000 to $428,500 |
| Snooze Mattress Co. | $49,900 | $302,200 to $859,600 |
| The Spice & Tea Exchange | $38,750 | $298,560 to $532,150 |
| The Flower Truck | $35,000 | $296,500 to $2,550,500 |
| Scout & Molly's | $60,000 | $319,000 to $388,000 |
See every brand in retail franchises.
Frequently asked questions
How much does a Hardware Hank franchise cost?
The total initial investment for a Hardware Hank franchise ranges from $306,790 to $2,176,550, including a franchise fee of $3,450, according to franchise disclosure data compiled in October 2026. The exact amount depends on location, build-out and working capital, as shown in Item 7 of the FDD.
How much cash do you need to open a Hardware Hank franchise?
Hardware Hank lists a minimum of about $155,000 in liquid cash. Lenders usually finance part of the remaining investment, and the franchisor confirms its capital requirements during qualification.
How many Hardware Hank locations are there?
Hardware Hank reported 577 US locations in the data compiled in October 2026. Item 20 of the FDD shows openings, closures and transfers for the last three years.
How long has Hardware Hank been franchising?
Hardware Hank started offering franchises in 1954 after the company was founded in 1945.
Figures are compiled from franchise disclosure data and public franchise listings as of October 2026 and may have changed. Hardware Hank and its trademarks belong to their owner; SelectFranchiseList is not affiliated with or endorsed by Hardware Hank. This page is not an offer to sell a franchise. Only the franchisor's current FDD is authoritative.