Nation’s Best buys Gambles Hardware

Nation’s Best added its 57th location, and second in the state, as it announced its acquisition of Gambles Hardware in Hotchkiss, Colorado, 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 square feet of retail space,” said Green.

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 and electrical products, gardening, and paint, as well as authorized dealers for in-demand brands.

“Nation’s Best has no plans to slow down,” said Robert Debs, who oversees acquisitions for Nation’s Best. “With almost 60 stores now in operation under the Nation’s Best family of over thirty distinct brands, we have honed our winning formula for success.”

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 said it will also lease back the property from the owners, an approach that they have found favorable to both parties.

“We are looking forward to continuing to demonstrate the value and relevance of independent home improvement across the country,” said Debs.