Just called Hagan about a water pump for my 430 Lincoln engine. They don't have any and said that they are selling out their inventory and closing the doors. They have been in business for awhile now. Hate to see them go.
This is so sad, but I see it getting to be more and more in the next few years. They have been in business since 1945.
There's another thread on it. Sad to see them go. This is another mom and pop operation where the owners are seriously wanting to retire and along with not having anyone to hand the company down to don't have any honest offers to buy the business. A good part of that may be because the people behind the counter are far more the reason for the business's success than just the inventory on the shelves.
It happens this way a lot. Someone starts a business based on a passion for the (insert hobby, activity, product, whatever) and works their ass off to provide a good product, good service and customer satisfaction. Their plan is to make a living and provide for their family while running a business they enjoy and be proud of. Their kids get what they need in life (including college) but see how hard Mom and Dad work, and don't want that, but they DO want the $$ it generates, so that is their goal, IF they take it over. Also, the four kids who worked summers there each want to make the same kind of money M & D did, so if the business is taken over by the next generation, there isn't enough $$$ to go around (think of family owned farms as an example). In order to sell an active company Mom and Dad show buyers the spread sheet, and the buyer (who has a MBA and sees the business as a 'revenue stream') takes a look and says ' good business, but I need to pump up the bottom line because I'm being financed by investment capital, and I want to make big $$ myself), so IF the business gets new owners, it still goes to hell because the service and customer commitments go down the drain in exchange for the $$$. It's sad to see, but we have become a society of instant gratitude and wealth. I'm sure though, as sad as we are to see our support businesses close, the proprietors are even sadder to see their life's work fade away.
Most of the kids see money in selling the business and the farm and moving out to the beach.Happen to a peach orchard close to me now a concrete building warehouse farm.
I think you're thinking Hagan Street Rod Necessities www.haganauto.com OP was referring to Hagen's Auto Parts in Puyallup, WA www.hagensautoparts.com Confusing with such similar names.
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