Print
Retail

Longtime Wilmington Business Farmers Supply Changes Hands

By Cece Nunn, posted Mar 7, 2019
Wilmington native Teddy Davis now owns the business Farmers Supply Co. at 2025 Oleander Drive. (Photo courtesy of Farmers Supply Co.)

A longtime Wilmington business has a new owner.

Wilmington native Teddy Davis bought Farmers Supply Co., 2025 Oleander Drive, for an undisclosed amount from Les and Anne Turlington.

The Turlingtons still own the property, which Davis is leasing and which includes an 18,000-square-foot store that sells lawn and garden supplies, plant and grass seeds, soils, pet and animal food and care items and seasoned firewood.

Davis, son of Rep. Ted Davis Jr., R-New Hanover, has worked in executive search and talent acquisition for 12 years, but found he wanted to do something more personal.

“My search clients and candidates were all based outside of Southeastern North Carolina," Teddy Davis (pictured below) said. "It just made sense to me that I would be happier in a local business, where I could serve the people right here where I've lived all my life. Once I started really exploring Farmers, I just fell in love with it."

The Turlingtons had owned the business since 1992 but it dates back to 1950, when it was founded by John and Clara Godwin and originally located in downtown Wilmington near the corner of Second and Dock streets. Laurence Sprunt bought the business in 1975 and moved it to Oleander Drive, across the street from its present location, where it has been since 1997, according to a news release.

“I grew up two blocks from Farmers Supply and I live five minutes away from it,” Teddy Davis said.

He started working with Les Turlington at the store right after Thanksgiving, closing on the purchase of the Farmers Supply business assets last week.

As of last week, one of the most popular offerings at the store was high-yield dimension pre-emergent, a weed suppressor that gardeners put out in late winter or early spring.

“We are building up the garden center right now,” Teddy Davis said Thursday. “We’ve got a bunch of fruit plants and trees arriving daily. Spring is a really exciting time here both for us and our customers.”

Farmers Supply will sell baby chicks every Friday throughout the spring starting March 15, he said. The store will soon also offer grilling supplies, such as premium lump charcoal, smoking wood and boutique dry-rubs.

Teddy Davis, who lives in Wilmington with his wife, Alyson, and their two sons, said one of the main reasons Farmers Supply has lasted nearly 70 years is its staff.

“Diane, Sharon, Karen, Rana, Tricia, Mike, Bo, Shay -- you can’t find their knowledge or friendly service in a big box store,” Teddy Davis said in the release.

Additionally, “The products that we carry are products you want to buy in person [versus online]. So much of what we carry is local and supporting a good local business.”

He said the Turlingtons have done a wonderful job guiding Farmers Supply for the past 27 years, and Les Turlington will remain on staff through the summer, then serve as a consultant.

Continuing to describe the staff, Teddy Davis said one of the things that impressed him when he first started working with Les was that former employees come by the shop to hang out.

“It means there’s a good culture there, and the culture that we have is really what feels like home,” he said.

Attorneys Richard Crow and Allen Trask of Ward & Smith represented Teddy Davis in the transaction, while Jerry Mannen of Yow, Fox, & Mannen represented the Turlingtons. First Citizens Bank provided financing for the acquisition, the release stated.

“I have really enjoyed the relationships I’ve built with customers and staff during my time at Farmers Supply,” Les Turlington said in the release. “I have all the confidence that Teddy will keep our community vision alive while bringing the new energy needed to ensure Farmers Supply remains a local asset for the next 30 years.”  

Ico insights

INSIGHTS

SPONSORS' CONTENT
Alexandra

Policy Forms And What They Mean

Alexandra Lysik - Cavik Insurance
Chris coudriet

2020: A Year Of Action, Initiatives In New Hanover County

Chris Coudriet - New Hanover County Government
Jasonpathfinder3

Finding Happiness In Retirement

Jason Wheeler - Pathfinder Wealth Consulting

Trending News

Luxury Student Housing Sells For $27M In Wilmington

Cece Nunn - Feb 24, 2020

Next Glass Acquires BeerAdvocate Assets, Including Website

Christina Haley O'Neal - Feb 24, 2020

Holt Family Adds New C-Store To Business Portfolio

Christina Haley O'Neal - Feb 26, 2020

Dockbuilder Plans To Move, Grow In Castle Hayne

Christina Haley O'Neal - Feb 24, 2020

Port: Coronavirus Impacts To Cause Some Missed Sailings

Christina Haley O'Neal - Feb 25, 2020

In The Current Issue

Local 'star' Is Lodging Employee Of The Year

Local hospitality leader Kevin Cottet, general manager of Staybridge Suites Wilmington-Wrightsville at 5010 New Centre Drive, received state...


Center Of Attention

Keeping up a house takes work. Keeping up a riverfront structure that houses ballrooms, exhibit halls and meeting rooms for hundreds of even...


Info Junkie: Jerry Coleman

Jerry Coleman, regional director of the Small Business Center at Cape Fear Community College, shares his top info and tech picks....

Book On Business

The 2020 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2019 Health Care Heroes
August 26, 2019 Power Breakfast: A Healthy Sale?
2019 WILMA Leadership Accelerator
2019 WilmingtonBiz Expo Keynote Lunch - CEO, nCino, Pierre Naude`