Exprezit! Auctioning Licenses to Operate 25 North Carolina Stores.FT. WALTON BEACH, Fla. -- Exprezit! Convenience Stores The following is a list of convenience stores organized by geographical location. Stores are grouped by the lowest heading that contains all locales in which the brands have significant presence. , LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a leading Southeastern chain with over 125 stores, announced today its plans to auction licenses to operate its 25 North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. stores. Exprezit had been exploring different strategies to maximize value and return on investment from its North Carolina stores. "And now, with the licensee program we developed with The Spectrum Capital Group, we've got the right strategy," said Troy Seymour, Exprezit's president. Exprezit expects that auctioning licenses for its North Carolina stores to individual or small chain operators will work well for both the company and its licensees. "There is tremendous demand out there from individual operators and small chains for prime c-store sites, and because we are auctioning operating licenses and not selling the sites, these individuals will have the opportunity to control a convenience store operation for an amount that is only a fraction of the cost of buying a convenience store," stated Seymour. Seymour also noted that auctioning the operating licenses will benefit Exprezit by improving its cash flow, preserving its interest in the sites, and freeing up working capital for re-investment. Exprezit's stores are geographically dispersed across North Carolina. Multiple units are located in the Winston-Salem area (9); Lexington (3); Morehead City (2); Beaufort (2) and Clinton (2). Exprezit operates single units in Vass, Linden, Asheboro, Mount Airy Mount Airy is the name of several places in the United States of America:
The auction of the licenses to operate Exprezit's North Carolina stores will be conducted by The Spectrum Capital Group, LLC of Bristol, Rhode Island Bristol is a town in Rhode Island and the county seat of Bristol County. Bristol, a deep water seaport, is named after Bristol, England. Bristol gained national fame despite its small size as a result of having the oldest, continuous Independence Day celebrations in the . Joe Sands, a Spectrum partner, said that bidder registration commences on August 8th and that the bid deadline is September 15th. Details of the auction, including bidder registration instructions and due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. material are available at www.c-storesilo.com. About the Spectrum Capital Group The Spectrum Capital Group, LLC is a Rhode Island-based investment and merchant banking firm with a national convenience store industry practice. Spectrum's partners have had principal responsibility for completing dozens of transactions over the past twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights. 2. as both investment bankers and investors. These transactions, in the fields of corporate finance, municipal finance, mergers & acquisitions, corporate reorganizations, and venture capital total several billion dollars in aggregate value. |
|
Printer friendly
Cite/link
Email
Feedback
Reader Opinion