A new owner for Frager’s Hardware
Frager’s Hardware on E Street in Washington, D.C. is getting new ownership. The store announced plans to sell to the owners of the group known as “A Few Cool Hardware Stores,” which also operates in and around the nation’s capitol.
Frager’s, which has been operating as a True Value store, will become the 12th AFCHS store, and convert to the Ace Hardware co-op, under the plan.
Founded in 2003 with flagship store Logan Hardware, AFCHS owners Gina Schaefer and Marc Friedman say the Frager’s still will continue to exude local charm.
“Marc and I are extremely proud to continue the Frager’s legacy on Capitol Hill,” said Schaefer. “We have admired John and his operation since the day we opened our first location in 2003 and are looking forward to meeting our new community.”
John Weintraub, has been owner of Frager’s Hardware on Capitol Hill since 1975. The store dates back to 1920, and the Warren Harding administration.
“Frager's is a thriving operation with a fantastic staff and we've proven that we can adapt and innovate to meet changing circumstances and evolving customer needs here on Capitol Hill. Teaming up with AFCHS will strengthen and energize both operations and ensure our customers and community receive the same high quality service we've built our business on for generations to come," says Weintraub.
The store will celebrate the change in ownership this summer with a community party and sale.