Sales at Four-Month-Old Habitat ReStore Top $300K

This Saturday, Oct. 29, marks the end of Habitat for Humanity of Greater Memphis’ fall building season.

The nonprofit will have completed 390 new homes since its founding in 1983.

But that’s not the only success that Memphis Habitat has seen this building season. In October, the nonprofit’s sales at its new 45,000-square-foot ReStore – which open June 9 at 7130 Winchester Road – surpassed the $300,000 mark.

“Having the ReStore there is a great revenue stream for us,” said director of sponsorship and community relations Jessica Hord. “It’s is a funding source for Habitat, so it’s kind of a support system for us in order to help with our program, with operations and also with homebuilding.”

Items at the ReStore usually sell at 50 to 90 percent off of the original retail price, offering a cost-effective alternative for people who are looking to update their homes or renovate, Habitat for Humanity of Greater Memphis’ executive director Dwayne Spencer told The Daily News in May.

“It offers a way to make a tax-deductible donation of usable materials they no longer want or need and divert usable material from landfills,” Spencer said. “In a down economy, those sort of plans often fall by the wayside, and the ReStore will allow people to tackle many projects, even when on a budget.”

The store is open Thursday through Saturday 9 a.m. to 5 p.m., and plans for new extended hours will be announced soon.

“We’ve been trying to figure out are there some extra hours we could add on to get some people in that haven’t been able to stop by just yet,” Hord said.