Jim and Marilyn Lehrer have sold two-unit Brownsboro Hardware & Paint, Louisville, Ky., to store manager Doug Carroll, who has worked for the company since he was 16.
“After 23 years in the business here and decades in the hardware business, we decided it was time for a change,” said Jim Lehrer. “While we had interest from several out-of-state owners, we wanted ownership to stay local. Doug has been with us for more than two decades, and he knows the business. It’s in good hands, both now and in the future.”
Prior to owning Brownsboro Hardware, Carroll was an executive with Our Own Hardware before it merged with HWI and became Do it Best.
As part of the arrangement, Lehrer will remain at Brownsboro Hardware & Paint for at least a year to ease the transition. “The difference,” Lehrer joked, “is that I’ll only have to work 40 hours a week, instead of 60 to 70.”