$1 Million Just the Beginning
Hatboro-based Impact Thrift Stores, Inc. continues supporting charities, looks to add another store
A self-described lifelong entrepreneur, Alan Chagan started an underwater construction company that made waves internationally, worked in residential construction for a decade and founded a family dry cleaning business. Yet, he was a bit "skeptical" about the thought of running a thrift store. “Here we are with nothing but a business plan and an application to the IRS,” Chagan recalled. “It sounded like a nice idea.” By December 2001, that nice idea led Chagan and his friend Paul Baur to open Impact Thrift Stores in a 10,000-square-foot store on Moreland Avenue with just six employees. Today, the Hatboro-based nonprofit operates three Impact stores – also in Montgomeryville and Norristown – and employs 100 people. And, last month, Impact…
