Solid Asset Solutions to Assist New Lumber & Hardware Co. Close Store in Federal Way, WA
Federal Way, WA retailer New Lumber & Hardware Co. will close its store for good. Co-owners and brothers, Jim and Bill Eichholtz, will retire from the 61-year-old business following the closing sale, which starts April 30. The store will be promoting a "store closing sale" to liquidate all inventory in the store, along with all furniture, fixtures, and equipment. The Eichholtz brothers retained Chicago-based Solid Asset Solutions to assist with the store closing sale.
"Because these items aren’t normally discounted, we expect that the inventory will be sold out quickly,” says Steve Roemer, CEO of Solid Asset Solutions. "We will be selling at aggressive discounts right from the start of the sale. With a store closing situation like this one, this may be the last opportunity to buy building materials and related items at liquidation prices."
Roemer added, “We feel privileged to help the Eichholtz family turn their store’s assets into cash for their retirement. We look forward to assisting them make a smooth transition.”
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