Hardware Store
You have to do this
This was a 25 year old hardware store. We were told that starting inventory was $190,000 and that our sale did $236,000. A family member thanked … Read More
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Hardware Store Case Study
Hardware Store
Reported gross sales generated a 112% return
This was a small True Value hardware store. The owner had worked in the store six days a week for 45 years before he suddenly passed away. His … Read More
Hardware Store
An ACE store that had been in the family for 90 years
It was an ACE store that had been in the family for 90 years. The store manager’s grandfather purchased the store in 1929. We don’t know ho… Read More
Hardware Store
This store had been in business since 1913
Less than a year later, the other partner and former Wingate client, decided to retire and they again employed Wingate to assist them with their st… Read More
Hardware Store
Closing after business for over 100 years
Two men were partners and each ran a store in different towns. One wanted to retire so they employed us to help close the store. This store had… Read More
Hardware Store
22% profit on the merchandise sold
This merchant grew up in the hardware business and owned this hardware store for over 50 years. When it came time to retire, he employed Wingate … Read More
Lumber Yard
This owner employed us to help close two stores
This owner employed us to help close two stores in different trade areas. We used two Consultants, one in each store. The first store had a $40… Read More
Hardware Store
The sale surpassed the owner’s goals and he was well pleased
This was a marginally profitable store and the lease was about to expire. Consequently, the owner decided to liquidate it and concentrate on his … Read More
Hardware Store
Opening day ran over $56,000
The owner of this True Value store had been trying to sell it and the real estate for some time without success. He decided to liquidate because … Read More
Hardware Store
Reported gross sales ran $343,000
This was a family owned 75 year old Do It Best store. Sales trends had been down for some time and the family decided it was time to liquidate an… Read More