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02-19-04: All Dave’s Markets to close except for St. Henry grocery


All Dave’s Market locations will close, except for the 23,000-square-foot facility in St. Henry.
The Daily Standard learned from a Dave’s Market corporate employee this morning that only the St. Henry store, opened last November, will remain of the grocery chain in Auglaize, Allen and Mercer counties. Earlier this year the Kenton and Lakeview stores closed as owner Dave Evans cited declining sales and debt pressures.
The St. Henry location is financed through a revolving loan with the county as well as a Community Development Block Grant through the state.
Larry Stelzer, Mercer County community development director, this morning said loan payments to the county are current. Evans initially provided personal as well as corporate guarantees and collateral protecting the county’s investment.
The loan, which was used to finance store equipment, is payable at a rate of $7,000 a month for seven years.
The building housing the Dave’s Market in St. Henry is owned by Kreigel Corporation in Van Wert.
During 2003 Evans also had applied for CDBG money to open a store in Wapakoneta, but was turned down because the St. Henry store was still under construction.
“CDBG refused his application because they didn’t want two projects going at the same time. Now the owner of the (Wapakoneta) building to be constructed where Dave’s wanted to go in is looking at other projects. I don’t anticipate a Dave’s Market will come to Wapak,” said Rex Katterheinrich, Wapakoneta safety service director.
An Auglaize County newspaper reported on Saturday the Wapakoneta Area Economic Development Council discussed at its Feb. 4 meeting the “fact that Evans was looking for a buyer for the St. Henry store.” But Wapakoneta economic council director Kathy Keller said this was never presented as a fact.
“I was surprised when I read that in our paper. We discussed the whole area grocery situation and rumors we’ve heard, but I don’t recall anyone at the meeting ever said closing the St. Henry store was a fact,” Keller said this morning in a telephone interview.
Numerous messages left by The Daily Standard for Dave Evans at the market headquarters in Cridersville have not been returned.


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The Standard Printing Company
P.O. Box 140, Celina, OH 45822


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