You may have seen the TV ads recently: Local plumbing and electric store A-Boy Supply
is closing four of its six locations at the end of this month.
But one of the company owners and the president of A-Boy Supply, Dan Dolan, said today that he is working to buy back three of the four stores that are closing in Tigard as well as in Northwest and Southeast Portland. (An A-Boy employee plans to buy the fourth store that's closing in Vancouver and open another hardware store.)
Dolan has created a new business with the same name and will use it to buy the three stores after they close.
The family-owned business decided to close the stores in February after the December snowstorm drastically reduced sales and the economy worsened.
“I think I can make money at it and [the other owners] don't,” Dolan said.
He says he plans to cut overhead in half by reducing the number of people involved in A-Boy management and administration.
And he says keeping the A-Boy locations open was important both because he has employees who have worked for him for 20 years and customers who are upset over the stores' closing.
“These are good stores, they've all made good money in the past,” Dolan said.
The other two A-Boy locations in Southwest and Northeast Portland are remaining open.