Thursday, July 2, 2009
Five Appco Properties Up for Grabs
Source: Convenience Store NewsCHICAGO – NRC Realty Advisors LLC, the firm handling the sale of bankrupt Appalachian Oil Co.'s (Appco) assets, set a deadline for July 31, 2009, for five fee properties that were formerly operated by the convenience store chain.
The five stations are located in Woodway, Clinchport and Duffield, Va., and Manchester and Olive Hill, Ky. The real estate for these sites will be sold with no deed restrictions, according to NRC.Bidders can purchase stations in a "buy one, some or all" format.
The deadline for the other 47 operating Appco c-stores is July 9, 2009. A complete list of stations can be found at www.nrc.com/906, or by calling the NRC Customer Service Center at (800) 747-3342, extension 906.Appco and its sister company, Crescent Oil, both subsidiaries of Titan Global Holdings, filed for chapter 11 bankruptcy protection earlier this year.
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To see a list of convenience stores for sale and gas stations for sale, click here.