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Nation’s Best, Dallas, Tx., has added its 57th location, and second in the state, with its purchase of Gambles Hardware in Hotchkiss, Co., adding to its growing national footprint of locally-focused home improvement stores.
“When owner Kimberly Shay expressed an interest in selling her family’s hardware store so she could refocus her efforts on her other businesses in town, we stepped in to take a closer look at Gambles Hardware knowing that store could be a great fit within the Nation’s Best model,” said Tina Green, regional VP of operations for Nation’s Best’s West Region. “She and her late husband built up a solid store that aimed to serve all the community’s needs. The store is clean, welcoming, well-organized, and broad in its mix of diverse products across its 7,000 sq. ft. of retail space.”
Founded in 1942, Gambles Hardware has built its 82-year reputation as the first-choice source for home improvement goods and services in Hotchkiss. They are known for their strong selection of plumbing & electrical products, gardening, and paint, as well as authorized dealers for in-demand brands.
Robert Debs, who oversees acquisitions for Nation’s Best, noted that the company intends to remain active on the acquisitions front this year. “Nation’s Best has no plans to slow down. With almost 60 stores now in operation under the Nation’s Best family of over 30 distinct brands, we have honed our winning formula for success. We are looking forward to continuing to demonstrate the value and relevance of independent home improvement across the country,” he adds.
As part of Nation’s Best’s strategy, Gambles Hardware will maintain operations under their existing name with its key management team overseeing company operations alongside Nation’s Best, which will provide the strategic and financial support necessary to drive optimal growth and profitability. Nation’s Best will also lease back the property from the owners, an approach that they have found favorable to both parties.
Nation’s Best Holdings, LLC was founded in 2019 and currently owns and operates a growing number of locations across the U.S. Nation’s Best is committed to identifying and acquiring best-in-class independent home improvement stores to ensure their continued relevance as vibrant community resources.
