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Hobby Lobby

Hobby Lobby Overview

 

With 800 stores across forty-seven states, Hobby Lobby is the largest privately-owned arts-and-crafts retailer in the U.S. Each store offers over 70,000 art, party supply, fabric, home decor, seasonal, and floral products. The company currently sits in the 94th place on the Forbes “America’s Largest Private Companies” list.


Key Information (2016)

Total Revenue
$4.3 billion
Year-Over-Year Revenue Growth:7.5%
Corporate Headquarters:9.2 million sq. ft.
Hired Staff Members:28,000

Company Information

The Hobby Lobby logo, a rated credit tenant in 1031Gateway's 1031 Exchange Investing Articles

Before its founding in 1972, the company started as a $600 startup, Greco Products, and is now headquartered in a 9.2 million-square-foot complex in Oklahoma City, with offices also in Asia.  Hobby Lobby is a faith-based company, determined to “honor the Lord in all we do by operating the company in a manner consistent with Biblical principles.” Stores are open Monday through Saturday 9am to 8pm, and closed on Sunday.


Further Resources

  Company Site | About Hobby Lobby

 Want to gain access to real estate leased by Hobby Lobby and our other credit tenants? Just fill out the form to the right.

Written By: Louis Swingrover




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