John Cotter Founded in 1948 by John Cotter with 25 member stores, the business has continued to grow and evolve ever since. Today, True Value serves more than 4,500 independent retail hardware stores under a globally recognized brand in over 60 countries.

In 2006 TruServ Corporation was renamed True Value Company. In 2018 an international private equity investment firm, ACON, purchased True Value.

1948True Value / Founded

LOW FRANCHISE COSTS Unlike typical franchises and hardware co-ops, True Value requires no investments or franchise fees that may limit your profitability. You have the freedom to operate your business as you see fit. This includes the optional use of our nationally recognized brand name, shared by 2,200 other stores.

True Value reported record-setting growth in 2018 as they welcomed 300 new customers to the company. In late February, True Value announced that nearly 190 new customers had come on board so far this year. True Value operated 4,311 stores at the end of 2017 and now reports serving over 4,500 stores.

Chicago, ILTrue Value / Headquarters

Elwood Adams Hardware of Worcester, Massachusetts claims to be the oldest operating hardware store in the US, having begun business in 1782.

In 1948, John Cotter founded Cotter & Company, a retailer-owned company that included 25 independently owned and operated stores. With the purchase of Hibbard, Spencer and Bartlett in 1963, Cotter not only acquired the company, but also the True Value trademark - a long-standing brand and presence since 1932.

Understand How a Franchise Owner Gets Paid No, a business owner does not get to keep 100% of their business's profits. Before you “pay yourself” from the profits, you must cover all overhead expenses (rent, payroll, inventory, insurance, investments, etc.).

How much does it cost to start your own franchise? Franchise startup costs can be as low as $10,000 or as high as $5 million, with the majority falling somewhere between $100,000 and $300,000. The price all depends on the industry, location and type of franchise.

ANSWER : d) Who work towards it. 1) The true value of success is felt by those who work towards it.

Chicago, ILTrue Value / Headquarters