BUSINESS

Waterbury's Century-Old Hardware Store Seeks New Owner

440 Chase Avenue, Waterbury, USATue Apr 15 2025
A well-known hardware store in Waterbury is on the market. The store has been a mainstay for a century. It is now looking for a new owner. The store, located on Chase Avenue, is up for sale for just under $2. 8 million. This includes the hardware store, a garden center, and a repair shop. The family that owns it has decided it is time to move on. The store opened its doors in 1925. It has been on Chase Avenue since 1959. The family has run the business for four generations. They have seen many changes over the years. The family is not closing the store. They want to find someone who will keep it going. They have many loyal customers and employees. The family wants to make sure they are taken care of. The family has had ups and downs over the years. They tried expanding to other towns. It did not work out. They decided to stay in Waterbury. The family has a lot of employees who have been with them for a long time. Some have been there for 40 years. They are like family. The family has always been about hard work. They have put their kids through school. They have provided for their families. They have had fun along the way. They have enjoyed being part of the community. The family wants to assure customers there is no need to worry. They are not closing the store. They are just looking for a new owner. They want to make sure the store continues to serve the community. The family has a lot of memories. They have seen many customers come and go. They have delivered gas grills to the same people for decades. They have a lot of familiar faces. They want to make sure the store continues to be a part of the community. The family is ready for a change. They are looking for someone who will keep the store going. They want to make sure the store continues to be a part of the community. They want to make sure the employees and customers are taken care of.

questions

    What challenges might a new owner face in maintaining the store's legacy and customer base?
    How does the sale of a long-standing local business reflect broader economic trends?
    What strategies could the new owner implement to ensure the continued success of the store?

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