ACE Hardware of Warsaw – Warsaw, IL

Hardware Store

Reported sales ran over $500,000 for a 128% return

This was a nice 20,000 sq ft well established ACE store.  Sales had been declining for some time and the owner had been trying to sell it for 6 or… Read More

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Elwood Adams Hardware – Worester, MA

Hardware Store

Case Study

The store was established in 1782 and was located in the first brick building built in the town.  The building was on the National Register of Historical Places. It was the only retail business left in the old downtown area.  Our press release got articles (free publicity) in the local and area news papers, radio... Read more »

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Curtis ACE Hardware – Marion, AR

Hardware Store

Fixtures and equipment sold for $111,000

The store was not making enough to cover loans.  After the sale started the owner was only in the store one week before taking a vacation and when… Read More

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Okemos Hardware – Okemos, MI

Hardware Store

121% return on inventory cost

This was a long established ACE store with a $300,000 cost inventory.  Another $30,000 in fast turning profitable selling merchandise was brought … Read More

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Goodale Pro Hardware – Columbus, OH

Hardware Store

Case Study

This was a Pro Hardware store. The owner had lost his lease and waited too long before contacting us.  We had 6 weeks to sell the inventory and th… Read More

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Heritage ACE Hardware – Santa Paula, CA

Hardware Store

Total reported sales ran $193,000

This ACE store had a starting inventory of $210,000, including a lot of dated and obsolete merchandise.  The first day of our Pre-Showing sales we… Read More

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Tarpon True Value – Punta Gorda, FL

Hardware Store

We recommend Wingate Sales Solutions for any liquidation

We felt that Wingate did a wonderful job in liquidating our inventory and helping getting rid of fixtures and equipment.  This is the second time … Read More

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Newtown Square True Value – Newtown Square, PA

Hardware Store

Reported sales ran over $223,000 for a 124% return

This was a high volume True Value store that had lost its lease and had to close.  The starting inventory was $180,000 and reported sales ran over… Read More

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Hillside True Value – Jamaica, NY

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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Waverly True Value – Waverly, NE

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

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Is COVID-19 Effecting Your Business?Now is the Time to Plan Your Sale

We are facing highly unusual times. Stores in many states, cities and counties have been forced to close, and the consumer has been encouraged to stay at home and only shop for necessary items. It now appears that things are beginning to break open, the consumer is starting to get out and retailers are going to have to aggressively go after every dollar they can get to cover lost sales.

The retail industry has lost their good spring selling season. Retailers are stuck with two seasons of merchandise. Now they must reopen with a strong sale and heavy advertising to generate customer traffic and raise a huge amount of cash. Out of season and over stocks need to be converted to cash while in season merchandise needs to be sold to make as much profit as possible. AND IT NEEDS TO BE DONE AS SOON AS POSSIBLE!

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