
A week after U.S. Bankruptcy Court Judge Marsha Parsons questioned whether convenience store operator Appalachian Oil Co. (Appco) had the wherewithal to reorganize under Chapter 11 bankruptcy protection, it appears the company will ultimately be sold.
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Circle K has retained NRC Realty & Capital Advisors LLC, based here, to sell off 87 of its locations across the country. The places to be sold include 74 petroleum sites and 13 commercial sites. The total represents 60 operating locations, 22 closed stores and five vacant sites.
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Two Orangeburg Sunoco gas stations, one on Joe Jeffords Highway and the other on U.S. 601, are up for sale.
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NRC Realty & Capital Advisors, LLC said it has been retained by Savannah, Georgia-based Enmark Stations, Inc. to coordinate the sale of 20 retail petroleum sites located in North Carolina, South Carolina, and Ga.
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