Sears Home Appliance Showrooms and Sears Appliance and Hardware are pleased and proud to announce the signing of a 22-unit franchise agreement with CornerPost Capital Partners, LLC. Sears Retail Franchises effected this transaction with CornerPost, a Dallas based private equity firm that specializes in the investment and ownership of operating enterprises. CornerPost took over seven Appliance and Hardware stores in the Cleveland market on October 30th, three Appliance and Hardware stores in suburban St. Louis on November 13 and concluded the first part of their eventual 22-store transaction with the takeover of four Home Appliance Showrooms in the Minneapolis-St. Paul MSA on November 20th. CornerPost also plans to acquire eight stores in February and March 2012. Stay tuned for yet another BIG DEAL to be announced in early January. SEARS Retail Franchises has MULTI-UNIT opportunities available (both existing and new development) for both our Home Appliance Showroom and Appliance and Hardware franchise concepts in Atlanta, Chicago, Cincinnati, Cleveland, Columbus, Connecticut, Denver, Indianapolis, Los Angeles, Milwaukee, Minneapolis-St. Paul, northern New Jersey, Philadelphia and San Diego. If interested in learning more and joining this fast growing retailing powerhouse franchise, please contact Scott Nichols, Director, Franchise Business Development DIRECTLY at 847-286-3074 or
[email protected].