King Hardware And Gifts, located in Shreveport, LA, is up for sale. Owners Elizabeth and Nicholas McElhatten made the announcement via a video on Facebook Live.
“We have loved being part of this amazing store’s legacy for the past [nine]years and serving our customers both local and out of state. It’s not an easy decision to make, but our interests and opportunities have taken us in a new direction,” was posted on the store’s Facebook page.
The duo is currently looking for an interested buyer to take over the business and has put King Hardware And Gifts on the market for an asking price of $297,000.
“We want it to transfer to someone who wants it and who wants to run it,” said Nicholas McElhatten in the video.
This comes on the heels of the store’s shift away from hardware, as the couple put an increasing emphasis on giftables and housewares.