Video Library calls off liquidation sale, closure ‘for now’ | TheUnion.com
YOUR AD HERE »

Video Library calls off liquidation sale, closure ‘for now’

Sam Corey
Staff Writer

KNOW & GO

What: Video Library

Where: 2116 Nevada City Highway, Grass Valley

When: 10 a.m. to 10 p.m. Monday through Friday.

Jack Garrett had recently decided to put Video Library on a liquidation sale with plans of closing.

That was until this past week when, after the announcement went public, five interested buyers walked through his door. Now, Video Library has canceled its liquidation sale and will be continuing as normal.

“It took me by total surprise,” said store co-owner Garrett. “They just started coming in. It blew me away, I couldn’t even believe it.”

Video Library Store Manager Darcie Gerbaud agreed.

Support Local Journalism


“The public reaction was overwhelming to us closing,” she said, noting that the store closure will be held off “for now” in part due to The Union’s article and positive comments made online about the store.

The strongest potential buyer is a Nevada City storeowner, said Garrett. The possible purchaser still wants to investigate the lease agreement, but Garrett said she’s put up “earnest money” for the business.

The co-owner said he originally made the decision to liquidate the store after speaking with a business broker in Sacramento, which he acknowledged may have been a misleading perspective as an out-of-towner.

To contact Staff Writer Sam Corey email scorey@theunion.com or call 530-477-4219.


Support Local Journalism

Readers around Grass Valley and Nevada County make The Union’s work possible. Your financial contribution supports our efforts to deliver quality, locally relevant journalism.

Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. Every contribution, however large or small, will make a difference.

Your donation will help us continue to cover COVID-19 and our other vital local news.

For tax deductible donations, click here.
 

Connect with needs and opportunities from

Get immediate access to organizations and people in our area that need your help or can provide help during the Coronavirus crisis.


Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.

User Legend: iconModerator iconTrusted User