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HomeNewsRONA business deal in Powell River 'perfect opportunity to grow our business'

RONA business deal in Powell River ‘perfect opportunity to grow our business’

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POWELL RIVER, B.C. – Powell River Building Supply is now a RONA store.

Owned by Pat Hull and his partners since 2003, Powell River Building Supply at 4750 Joyce Avenue was founded in the 1970s and has been operating under the RONA banner since 2007.

It employs more than 50 people and features a total retail area of 27,000 sq. ft. as well as indoor and outdoor lumber yard, according to a release from RONA.

In addition to the many services already available, the new owners will add an outdoor living department and renovate the building materials, flooring, and seasonal departments to expand the product selection available.

Their plans include the update of the kitchens and doors and windows showrooms to better meet customers’ needs.

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“We had been looking to expand for a few years and acquiring Powell River Building Supply was the perfect opportunity for us to grow our business. We are grateful for the confidence that Pat Hull has placed in us by choosing to entrust us with his business. We are thrilled that he agreed to stay on board as our interim manager over the next year to help with the transition,” stated a release from the new owners.

“This store counts on committed and passionate employees who have built solid business relationships with hundreds of loyal customers in the area. We are convinced it will be a great addition to our business.”

Hull said in today’s market, it has become increasingly difficult for existing businesses to establish a succession and exit plan.

“There isn’t always a family member ready and willing to take over when that time comes,” Hull added.

“I am thankful I was part of a strong network that allowed me to connect with and count on fellow RONA dealers, and especially the Allen family. I know that the business I spent the past 15 years building is in good hands with them.”

Philippe Element, vice-president, RONA & Ace, Sales and Dealer Support said it’s “always a pleasure” to see the company’s dealers working together and supporting each other.

“I think this is something that sets our dealer network apart,” Element said.

“I am thrilled with the Allens’ decision to acquire Powell River Building Supply from Pat. Not only are they great ambassadors of the RONA brand, but they have also been providing outstanding service and value to their North Vancouver customers for many years now, and I know Powell River shoppers can expect the same exceptional customer experience they have grown accustomed to under the previous leadership.”

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