Smart & Final caters to caterers -- as well as small businesses, restaurants, and households in the western US. Its 235 non-membership warehouse stores stock groceries, party supplies, paper products, cleaning supplies, and more, in bulk sizes and quantities. The stores operate under the Smart & Final, Smart & Final Extra!, and Cash & Carry banners in urban and suburban areas in Arizona, California, Idaho, Nevada, Oregon, and Washington, as well as northern Mexico. Founded in 1871 in Los Angeles, it later took the names of owners J. S. Smart and H. D. Final. The chain's owner Apollo Management has agreed to sell a majority stake in Smart & Final to private equity firm Ares Management for about $975 million